New Car Dealers Market: ZIP 47302
Opportunity Score
55
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47302 is an urban area with low foot traffic. with a population of 25,365 and household incomes below the national median ($47,185).
Area Profile
25,365
Population
$47,185
Median Income
-37% vs. national
Urban
Area Type
8.5/20
Foot Traffic
Car-Dependent
Median Age: 39.6 —
mixed-age market, broad menu appeal.
College-Educated: 8.0% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 47302.
12
Gas Stations
4.7 per 10K residents
4
Used Car Dealers
1.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$930
2BR Fair Market Rent
$865
Median Gross Rent
$71 K
Median Home Value
3
Bank Branches
$120 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 16
- Bank Branches
- 3
vs. National Average
Median Income
-37% vs. $74,580
Walkability
-2.1 pts vs. national avg
Nearby Markets
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