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Home ZIP 47805

New Car Dealers Market: ZIP 47805

Opportunity Score
64 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 47805 is an urban area with low foot traffic. with a population of 12,809 and household incomes near the national median ($69,716).

Area Profile

12,809
Population
$69,716
Median Income
-7% vs. national
Urban
Area Type
9.8/20
Foot Traffic
Very Car-Dependent
Median Age: 43.2 — older demographic, may prefer sit-down options.
College-Educated: 16.6% — value-focused market, keep prices competitive.

Competition

New Car Dealers and related businesses in ZIP 47805.

5
Gas Stations
3.9 per 10K residents

Operating Costs

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

$940
2BR Fair Market Rent
$795
Median Gross Rent
$150 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.

Quick Facts

Area Type
Urban
Foot Traffic
Very Car-Dependent
Related Businesses
5

vs. National Average

Median Income
-7% vs. $74,580
Walkability
-0.8 pts vs. national avg

Check Another Market

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Data sources

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