New Car Dealers Market: ZIP 38460
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38460 is an rural area. with a population of 1,704 and household incomes well above the national median ($100,052).
Area Profile
1,704
Population
$100,052
Median Income
+34% vs. national
Rural
Area Type
Median Age: 47.3 —
older demographic, may prefer sit-down options.
College-Educated: 15.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$900
2BR Fair Market Rent
$744
Median Gross Rent
$180 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.
- The median income here is $100,052. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Rural
vs. National Average
Median Income
+34% vs. $74,580
Nearby Markets
38473
5.6 mi
Pop: 1,067
$47,794
Walk: 2.6
38468
9.4 mi
Pop: 5,442
$59,899
Walk: 5.9
35647
9.7 mi
Pop: 1,031
$114,318
38457
10.0 mi
Pop: 491
$54,459
38477
10.1 mi
Pop: 2,833
$62,875
35610
11.2 mi
Pop: 1,635
$87,645
38478
14.0 mi
Pop: 18,756
$58,658
Walk: 5.1
35620
15.2 mi
Pop: 10,990
$82,511
Walk: 2.8
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