New Car Dealers Market: ZIP 38611
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38611 is an urban area. with a population of 16,751 and household incomes near the national median ($54,198).
Area Profile
16,751
Population
$54,198
Median Income
-27% vs. national
Urban
Area Type
Median Age: 38.4 —
mixed-age market, broad menu appeal.
College-Educated: 10.3% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 38611.
21
Gas Stations
12.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,280
2BR Fair Market Rent
$1,185
Median Gross Rent
$210 K
Median Home Value
4
Bank Branches
$110 K deposits
Tips for Starting a Ev Vs Gas Business in Mississippi
- 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
- Related Businesses
- 21
- Bank Branches
- 4
vs. National Average
Median Income
-27% vs. $74,580
Nearby Markets
38661
8.4 mi
Pop: 1,808
$62,143
38654
11.1 mi
Pop: 57,334
$99,481
Walk: 5.8
38125
14.1 mi
Pop: 42,793
$83,184
Walk: 8.4
38635
14.5 mi
Pop: 15,312
$53,441
Walk: 7.5
38017
14.6 mi
Pop: 56,427
$135,946
Walk: 7.5
38141
16.5 mi
Pop: 23,768
$64,050
Walk: 9.4
38672
17.8 mi
Pop: 15,899
$110,665
Walk: 5.2
38115
18.7 mi
Pop: 36,878
$42,931
Walk: 12.2
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