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New Car Dealers Market: ZIP 47710

Opportunity Score
56 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 47710 is an urban area with moderate foot traffic. with a population of 18,802 and household incomes below the national median ($45,324).

Area Profile

18,802
Population
$45,324
Median Income
-39% vs. national
Urban
Area Type
10.0/20
Foot Traffic
Walkable
Median Age: 40.1 — older demographic, may prefer sit-down options.
College-Educated: 12.1% — value-focused market, keep prices competitive.

Competition

New Car Dealers and related businesses in ZIP 47710.

12
Gas Stations
6.4 per 10K residents
3
Used Car Dealers
1.6 per 10K residents

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$980
2BR Fair Market Rent
$857
Median Gross Rent
$130 K
Median Home Value
4
Bank Branches
$340 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.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits