New Car Dealers Market: ZIP 46616
Opportunity Score
56
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 46616 is an urban area with low foot traffic. with a population of 6,219 and household incomes near the national median ($56,293).
Area Profile
6,219
Population
$56,293
Median Income
-25% vs. national
Urban
Area Type
8.0/20
Foot Traffic
Car-Dependent
Median Age: 34.4 —
mixed-age market, broad menu appeal.
College-Educated: 26.3% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,120
2BR Fair Market Rent
$1,019
Median Gross Rent
$140 K
Median Home Value
Tips for Starting a Ev Vs Gas Business in Indiana
- 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
- Foot Traffic
- Car-Dependent
vs. National Average
Median Income
-25% vs. $74,580
Walkability
-2.5 pts vs. national avg
Nearby Markets
46624
1.1 mi
Pop: 31
46556
1.6 mi
Pop: 8,159
46601
2.1 mi
Pop: 4,933
$27,080
Walk: 11.0
46617
2.4 mi
Pop: 10,402
$73,700
Walk: 9.3
46637
3.0 mi
Pop: 16,079
$72,401
Walk: 7.8
46613
3.0 mi
Pop: 11,726
$41,625
Walk: 10.6
46628
4.0 mi
Pop: 27,929
$56,889
Walk: 8.3
46615
4.1 mi
Pop: 14,411
$57,983
Walk: 9.8
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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