New Car Dealers Market: ZIP 46845
Opportunity Score
76
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 46845 is an urban area with low foot traffic. with a population of 28,664 and household incomes well above the national median ($115,690).
Area Profile
28,664
Population
$115,690
Median Income
+55% vs. national
Urban
Area Type
6.2/20
Foot Traffic
Car-Dependent
Median Age: 40.6 —
older demographic, may prefer sit-down options.
College-Educated: 35.8% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,660
2BR Fair Market Rent
$1,398
Median Gross Rent
$310 K
Median Home Value
3
Bank Branches
$170 K deposits
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.
- The median income here is $115,690. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Bank Branches
- 3
vs. National Average
Median Income
+55% vs. $74,580
Walkability
-4.3 pts vs. national avg
Nearby Markets
46825
4.0 mi
Pop: 29,071
$68,890
Walk: 12.7
46748
4.5 mi
Pop: 6,933
$98,443
46765
5.5 mi
Pop: 5,972
$105,114
46835
6.2 mi
Pop: 37,589
$75,595
Walk: 7.7
46805
7.7 mi
Pop: 21,851
$50,099
Walk: 14.3
46738
7.9 mi
Pop: 8,462
$62,212
Walk: 8.0
46815
8.3 mi
Pop: 26,811
$67,224
Walk: 11.0
46808
9.2 mi
Pop: 19,916
$53,632
Walk: 13.1
Check Another Market
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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