New Car Dealers Market: ZIP 47403
Opportunity Score
67
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47403 is an urban area with moderate foot traffic. with a population of 34,410 and household incomes near the national median ($68,703).
Area Profile
34,410
Population
$68,703
Median Income
-8% vs. national
Urban
Area Type
10.8/20
Foot Traffic
Walkable
Median Age: 35.4 —
mixed-age market, broad menu appeal.
College-Educated: 26.4% —
balanced market for quality & value.
Competition
New Car Dealers and related businesses in ZIP 47403.
9
Gas Stations
2.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,110
2BR Fair Market Rent
$1,114
Median Gross Rent
$220 K
Median Home Value
4
Bank Branches
$130 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
- Walkable
- Related Businesses
- 9
- Bank Branches
- 4
vs. National Average
Median Income
-8% vs. $74,580
Walkability
+0.3 pts vs. national avg
Nearby Markets
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