New Car Dealers Market: ZIP 38450
Opportunity Score
40
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38450 is an rural area. with a population of 2,633 and household incomes below the national median ($42,773).
Area Profile
2,633
Population
$42,773
Median Income
-43% vs. national
Rural
Area Type
Median Age: 49.8 —
older demographic, may prefer sit-down options.
College-Educated: 8.1% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 38450.
3
Gas Stations
11.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$900
2BR Fair Market Rent
$623
Median Gross Rent
$80 K
Median Home Value
3
Bank Branches
$120 K deposits
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 $42,773. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Rural
- Related Businesses
- 3
- Bank Branches
- 3
vs. National Average
Median Income
-43% vs. $74,580
Nearby Markets
38486
9.1 mi
Pop: 1,273
$46,299
Walk: 4.6
38463
9.3 mi
Pop: 2,857
$71,000
38452
12.1 mi
Pop: 1,067
$40,625
38485
13.1 mi
Pop: 6,120
$54,559
Walk: 3.6
38464
17.3 mi
Pop: 23,727
$48,239
Walk: 7.5
38481
17.4 mi
Pop: 876
$45,909
Walk: 4.4
38469
18.9 mi
Pop: 4,608
$62,903
Walk: 4.5
38471
20.0 mi
Pop: 200
$63,911
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