New Car Dealers Market: ZIP 50038
Opportunity Score
30
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 50038 is an urban area. with a population of 228 and household incomes above the national median ($79,479).
Area Profile
228
Population
$79,479
Median Income
+7% vs. national
Urban
Area Type
Median Age: 40.9 —
older demographic, may prefer sit-down options.
College-Educated: 13.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,100
2BR Fair Market Rent
Tips for Starting a Ev Vs Gas Business in Iowa
- 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
+7% vs. $74,580
Nearby Markets
50261
3.7 mi
Pop: 3,105
$150,341
50263
5.7 mi
Pop: 27,560
$107,864
Walk: 7.0
50266
6.6 mi
Pop: 36,770
$85,282
Walk: 13.1
50061
8.0 mi
Pop: 2,327
$130,250
50069
8.8 mi
Pop: 1,024
$95,208
50325
9.4 mi
Pop: 18,776
$131,082
Walk: 11.5
50323
9.6 mi
Pop: 17,065
$173,659
Walk: 6.6
50265
10.6 mi
Pop: 33,061
$84,588
Walk: 10.5
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