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Showing results for ZIP 46507 (IN)
Home ZIP 38860

New Car Dealers Market: ZIP 38860

Opportunity Score
58 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 38860 is an suburban area. with a population of 6,313 and household incomes below the national median ($43,931).

Area Profile

6,313
Population
$43,931
Median Income
-41% vs. national
Suburban
Area Type
Median Age: 34.3 — mixed-age market, broad menu appeal.
College-Educated: 5.2% — value-focused market, keep prices competitive.

Competition

New Car Dealers and related businesses in ZIP 38860.

5
Gas Stations
7.9 per 10K residents

Operating Costs

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

$950
2BR Fair Market Rent
$651
Median Gross Rent
$100 K
Median Home Value
2
Bank Branches
$98 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.
  • Median income sits at $43,931. Price sensitivity is real. Build your model around volume or keep overhead minimal.

Data sources

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