New Car Dealers Market: ZIP 47918
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47918 is an urban area with moderate foot traffic. with a population of 5,159 and household incomes near the national median ($64,804).
Area Profile
5,159
Population
$64,804
Median Income
-13% vs. national
Urban
Area Type
10.8/20
Foot Traffic
Walkable
Median Age: 43.2 —
older demographic, may prefer sit-down options.
College-Educated: 7.0% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 47918.
3
Gas Stations
5.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$970
2BR Fair Market Rent
$823
Median Gross Rent
$150 K
Median Home Value
2
Bank Branches
$100 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
- 3
- Bank Branches
- 2
vs. National Average
Median Income
-13% vs. $74,580
Walkability
+0.3 pts vs. national avg
Nearby Markets
47969
7.8 mi
Pop: 250
$51,875
47958
10.2 mi
Pop: 196
$84,583
47975
10.5 mi
Pop: 754
$69,167
47992
11.2 mi
Pop: 1,523
$106,458
Walk: 3.3
47994
11.9 mi
Pop: 510
$98,125
Walk: 4.6
47987
12.4 mi
Pop: 3,705
$71,875
Walk: 7.5
47970
13.1 mi
Pop: 2,634
$72,468
Walk: 3.8
47993
14.0 mi
Pop: 3,667
$68,438
Walk: 4.0
Check Another Market
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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