New Car Dealers Market: ZIP 38391
Opportunity Score
33
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38391 is an urban area with low foot traffic. with a population of 1,507 and household incomes near the national median ($74,145).
Area Profile
1,507
Population
$74,145
Median Income
-1% vs. national
Urban
Area Type
3.1/20
Foot Traffic
Very Car-Dependent
Median Age: 50.7 —
older demographic, may prefer sit-down options.
College-Educated: 4.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,120
2BR Fair Market Rent
$1,188
Median Gross Rent
$98 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
vs. National Average
Median Income
-1% vs. $74,580
Walkability
-7.4 pts vs. national avg
Nearby Markets
38392
6.6 mi
Pop: 736
$52,188
Walk: 2.9
38301
10.0 mi
Pop: 33,336
$40,062
Walk: 7.7
38356
10.1 mi
Pop: 2,564
$71,250
38006
12.2 mi
Pop: 5,375
$61,250
38381
13.8 mi
Pop: 1,525
$53,786
38075
16.6 mi
Pop: 6,857
$48,222
Walk: 3.8
38366
17.9 mi
Pop: 2,386
$72,090
Walk: 4.4
38305
18.8 mi
Pop: 53,366
$66,292
Walk: 7.1
Check Another Market
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About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits