New Car Dealers Market: ZIP 50677
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 50677 is an rural area with low foot traffic. with a population of 12,655 and household incomes above the national median ($82,950).
Area Profile
12,655
Population
$82,950
Median Income
+11% vs. national
Rural
Area Type
6.4/20
Foot Traffic
Car-Dependent
Median Age: 35.6 —
mixed-age market, broad menu appeal.
College-Educated: 25.5% —
balanced market for quality & value.
Competition
New Car Dealers and related businesses in ZIP 50677.
5
Gas Stations
4.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,000
2BR Fair Market Rent
$880
Median Gross Rent
$220 K
Median Home Value
7
Bank Branches
$490 K deposits
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.
- This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.
Quick Facts
- Area Type
- Rural
- Foot Traffic
- Car-Dependent
- Related Businesses
- 5
- Bank Branches
- 7
vs. National Average
Median Income
+11% vs. $74,580
Walkability
-4.1 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