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Home ZIP 43620

New Car Dealers Market: ZIP 43620

Opportunity Score
56 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 43620 is an urban area with moderate foot traffic. with a population of 5,039 and household incomes below the national median ($21,405).

Area Profile

5,039
Population
$21,405
Median Income
-71% vs. national
Urban
Area Type
13.3/20
Foot Traffic
Walkable
Median Age: 32.9 — mixed-age market, broad menu appeal.
College-Educated: 18.3% — value-focused market, keep prices competitive.

Operating Costs

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

$890
2BR Fair Market Rent
$584
Median Gross Rent
$120 K
Median Home Value

Tips for Starting a Ev Vs Gas Business in Ohio

  • 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 $21,405. 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