New Car Dealers Market: ZIP 47929
Opportunity Score
32
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47929 is an urban area. with a population of 707 and household incomes near the national median ($71,838).
Area Profile
707
Population
$71,838
Median Income
-4% vs. national
Urban
Area Type
Median Age: 43.7 —
older demographic, may prefer sit-down options.
College-Educated: 15.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,030
2BR Fair Market Rent
$825
Median Gross Rent
$180 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
vs. National Average
Median Income
-4% vs. $74,580
Nearby Markets
47923
4.5 mi
Pop: 3,550
$77,266
Walk: 5.4
47980
5.7 mi
Pop: 1,075
$62,171
Walk: 4.4
47995
10.2 mi
Pop: 1,809
$77,981
Walk: 4.7
47920
10.5 mi
Pop: 2,478
$108,992
47997
13.0 mi
Pop: 202
$62,500
Walk: 4.1
47959
13.3 mi
Pop: 2,557
$60,469
47960
13.8 mi
Pop: 15,313
$61,087
Walk: 5.9
47906
14.2 mi
Pop: 74,283
$51,736
Walk: 13.1
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