New Car Dealers Market: ZIP 47909
Opportunity Score
67
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47909 is an urban area with moderate foot traffic. with a population of 42,971 and household incomes near the national median ($67,341).
Area Profile
42,971
Population
$67,341
Median Income
-10% vs. national
Urban
Area Type
12.2/20
Foot Traffic
Walkable
Median Age: 35.0 —
mixed-age market, broad menu appeal.
College-Educated: 20.9% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 47909.
9
Gas Stations
2.1 per 10K residents
7
Used Car Dealers
1.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,190
2BR Fair Market Rent
$1,091
Median Gross Rent
$200 K
Median Home Value
5
Bank Branches
$290 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
- 16
- Bank Branches
- 5
vs. National Average
Median Income
-10% vs. $74,580
Walkability
+1.7 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