New Car Dealers Market: ZIP 47038
Opportunity Score
20
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47038 is an suburban area. with a population of 800 and household incomes below the national median ($47,941).
Area Profile
800
Population
$47,941
Median Income
-36% vs. national
Suburban
Area Type
Median Age: 51.9 —
older demographic, may prefer sit-down options.
College-Educated: 4.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,080
2BR Fair Market Rent
$707
Median Gross Rent
$120 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
- Suburban
vs. National Average
Median Income
-36% vs. $74,580
Nearby Markets
47020
5.6 mi
Pop: 1,164
$66,047
47040
6.9 mi
Pop: 5,408
$68,865
Walk: 4.0
41095
8.8 mi
Pop: 3,775
$59,342
Walk: 2.7
41091
8.9 mi
Pop: 24,371
$134,621
Walk: 4.8
41046
10.3 mi
Pop: 1,685
$85,795
41086
10.9 mi
Pop: 2,126
$59,911
41092
11.4 mi
Pop: 3,250
$86,875
41005
12.4 mi
Pop: 25,621
$102,462
Walk: 7.1
Check Another Market
Or estimate costs with the EVGasCompare calculator.
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