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New Car Dealers Market: ZIP 39202

Opportunity Score

54 / 100 Fair

Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 39202 is an urban area with high foot traffic. with a population of 7,023 and household incomes below the national median ($41,250). There are 6 new car dealers operations in ZIP 39202.

Area Profile

7,023

Population

$41,250

Median Income

-45% vs. national

Urban

Area Type

16.2/20

Foot Traffic

Very Walkable

Median Age: 34.0 — mixed-age market, broad menu appeal.

College-Educated: 28.8% — balanced market for quality & value.

Competition

New Car Dealers and related businesses in ZIP 39202.

New Car Dealers

Moderate — proven market

8.5 per 10K residents

Gas Stations

8.5 per 10K residents

What this means: New Car Dealers are 50.0% of the relevant market in ZIP 39202 (6 vs. 6 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,060

2BR Fair Market Rent

$876

Median Gross Rent

$210 K

Median Home Value

Bank Branches

$57 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 $41,250. Price sensitivity is real. Build your model around volume or keep overhead minimal.