New Car Dealers Market: ZIP 40223
Opportunity Score
88
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 40223 is an urban area. with a population of 23,264 and household incomes above the national median ($97,033).
Area Profile
23,264
Population
$97,033
Median Income
+30% vs. national
Urban
Area Type
Median Age: 42.3 —
older demographic, may prefer sit-down options.
College-Educated: 41.8% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,710
2BR Fair Market Rent
$1,431
Median Gross Rent
$340 K
Median Home Value
8
Bank Branches
$660 K deposits
Tips for Starting a Ev Vs Gas Business in Kentucky
- 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
- Bank Branches
- 8
vs. National Average
Median Income
+30% vs. $74,580
Nearby Markets
40243
1.4 mi
Pop: 12,049
$75,859
Walk: 11.8
40242
3.5 mi
Pop: 11,099
$79,201
Walk: 11.2
40241
3.8 mi
Pop: 30,910
$95,775
Walk: 9.5
40222
5.0 mi
Pop: 21,634
$81,623
Walk: 13.8
40056
5.0 mi
Pop: 3,361
$123,317
Walk: 5.7
40220
6.2 mi
Pop: 33,893
$73,502
Walk: 11.9
40245
6.5 mi
Pop: 39,261
$120,171
Walk: 6.3
40059
7.3 mi
Pop: 19,899
$165,000
Walk: 6.4
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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