New Car Dealers Market: ZIP 47386
Opportunity Score
33
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47386 is an rural area with low foot traffic. with a population of 1,210 and household incomes above the national median ($76,430).
Area Profile
1,210
Population
$76,430
Median Income
+2% vs. national
Rural
Area Type
3.3/20
Foot Traffic
Very Car-Dependent
Median Age: 62.0 —
older demographic, may prefer sit-down options.
College-Educated: 28.6% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$930
2BR Fair Market Rent
$180 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
- Foot Traffic
- Very Car-Dependent
vs. National Average
Median Income
+2% vs. $74,580
Walkability
-7.3 pts vs. national avg
Nearby Markets
47367
2.0 mi
Pop: 105
Walk: 4.5
47361
3.5 mi
Pop: 268
$65,221
47388
5.2 mi
Pop: 413
$51,500
Walk: 3.3
47302
5.2 mi
Pop: 25,365
$47,185
Walk: 8.5
47362
8.6 mi
Pop: 29,442
$56,564
Walk: 7.8
47356
8.6 mi
Pop: 5,508
$68,654
Walk: 4.8
47360
9.3 mi
Pop: 1,480
$65,227
47305
9.6 mi
Pop: 3,570
$33,125
Walk: 10.4
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