New Car Dealers Market: ZIP 51038
Opportunity Score
50
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 51038 is an urban area. with a population of 1,512 and household incomes above the national median ($88,864).
Area Profile
1,512
Population
$88,864
Median Income
+19% vs. national
Urban
Area Type
Median Age: 43.2 —
older demographic, may prefer sit-down options.
College-Educated: 13.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$950
2BR Fair Market Rent
$180 K
Median Home Value
1
Bank Branches
$31 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.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 1
vs. National Average
Median Income
+19% vs. $74,580
Nearby Markets
51024
6.5 mi
Pop: 2,048
$108,892
51008
8.2 mi
Pop: 180
$67,125
51108
9.8 mi
Pop: 5,637
$78,333
Walk: 9.3
51031
11.3 mi
Pop: 12,785
$74,978
Walk: 8.0
51109
12.4 mi
Pop: 3,731
$70,750
Walk: 10.4
51104
13.1 mi
Pop: 22,792
$74,984
Walk: 12.7
51105
13.9 mi
Pop: 10,726
$46,940
Walk: 15.1
51062
15.1 mi
Pop: 338
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