New Car Dealers Market: ZIP 50118
Opportunity Score
40
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 50118 is an urban area. with a population of 989 and household incomes above the national median ($79,583).
Area Profile
989
Population
$79,583
Median Income
+7% vs. national
Urban
Area Type
Median Age: 37.3 —
mixed-age market, broad menu appeal.
College-Educated: 10.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,330
2BR Fair Market Rent
$1,138
Median Gross Rent
$180 K
Median Home Value
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
50252
4.1 mi
Pop: 221
$104,375
Walk: 3.2
50237
5.9 mi
Pop: 3,275
$92,667
Walk: 6.4
50047
6.2 mi
Pop: 6,625
$101,345
50001
8.4 mi
Pop: 626
$131,350
50225
9.0 mi
Pop: 3,396
$69,221
Walk: 5.0
50327
11.5 mi
Pop: 12,875
$90,759
Walk: 7.1
50228
11.9 mi
Pop: 2,345
$89,511
50166
12.7 mi
Pop: 2,083
$107,550
Walk: 5.0
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