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New Car Dealers Market: ZIP 38672

Opportunity Score
71 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 38672 is an urban area with low foot traffic. with a population of 15,899 and household incomes well above the national median ($110,665).

Area Profile

15,899
Population
$110,665
Median Income
+48% vs. national
Urban
Area Type
5.2/20
Foot Traffic
Very Car-Dependent
Median Age: 37.4 — mixed-age market, broad menu appeal.
College-Educated: 27.0% — balanced market for quality & value.

Competition

New Car Dealers and related businesses in ZIP 38672.

5
Gas Stations
3.1 per 10K residents

Operating Costs

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

$2,030
2BR Fair Market Rent
$2,197
Median Gross Rent
$290 K
Median Home Value
9
Bank Branches
$440 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.
  • The median income here is $110,665. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

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