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New Car Dealers Market: ZIP 38126

Opportunity Score
59 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 38126 is an urban area with high foot traffic. with a population of 5,723 and household incomes below the national median ($30,825).

Area Profile

5,723
Population
$30,825
Median Income
-59% vs. national
Urban
Area Type
15.0/20
Foot Traffic
Very Walkable
Median Age: 28.1 — young market, strong street food demand.
College-Educated: 8.0% — value-focused market, keep prices competitive.

Competition

New Car Dealers and related businesses in ZIP 38126.

3
Gas Stations
5.2 per 10K residents

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,170
2BR Fair Market Rent
$794
Median Gross Rent
$59 K
Median Home Value

Tips for Starting a Ev Vs Gas Business in Tennessee

  • EV inventory allocation from manufacturers is tied to your state's ZEV mandate status. Dealers in ZEV states get more inventory. Period.
  • Charging infrastructure in your area determines EV demand. Check PlugShare for the local charging density before stocking inventory.
  • Used EV margins are volatile. Battery degradation concerns suppress resale values unpredictably. Factor in extended warranty costs.
  • Service revenue per EV is 30-40% lower than gas vehicles. Fewer parts, fewer oil changes. Your service department model needs adjusting.
  • Median income sits at $30,825. Price sensitivity is real. Build your model around volume or keep overhead minimal.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits