New Car Dealers Market: ZIP 47381
Opportunity Score
18
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47381 is an rural area. with a population of 199 and household incomes near the national median ($58,958).
Area Profile
199
Population
$58,958
Median Income
-21% vs. national
Rural
Area Type
Median Age: 34.3 —
mixed-age market, broad menu appeal.
College-Educated: 4.5% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$930
2BR Fair Market Rent
$1,100
Median Gross Rent
$96 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.
- This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.
Quick Facts
- Area Type
- Rural
vs. National Average
Median Income
-21% vs. $74,580
Nearby Markets
47371
7.1 mi
Pop: 12,450
$59,215
Walk: 5.4
45846
8.2 mi
Pop: 4,763
$92,273
47382
11.0 mi
Pop: 188
$61,023
47390
12.6 mi
Pop: 5,084
$44,752
Walk: 5.1
47326
13.2 mi
Pop: 1,784
$51,418
Walk: 4.4
45390
13.8 mi
Pop: 3,349
$46,974
Walk: 5.9
45828
14.2 mi
Pop: 6,343
$77,857
47380
14.3 mi
Pop: 1,537
$55,278
Walk: 4.4
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