New Car Dealers Market: ZIP 60473
Opportunity Score
61
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60473 is an urban area with moderate foot traffic. with a population of 21,407 and household incomes above the national median ($88,046). There are 3 new car dealers operations in ZIP 60473.
Area Profile
21,407
Population
$88,046
Median Income
+18% vs. national
Urban
Area Type
13.4/20
Foot Traffic
Walkable
Median Age: 42.4 —
older demographic, may prefer sit-down options.
College-Educated: 18.3% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 60473.
3
New Car Dealers
Low competition — room to establish
1.4 per 10K residents
8
Gas Stations
3.7 per 10K residents
What this means:
New Car Dealers are 27.3% of the relevant market in ZIP 60473 (3 vs. 8 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,310
2BR Fair Market Rent
$1,914
Median Gross Rent
$200 K
Median Home Value
5
Bank Branches
$600 K deposits
Tips for Starting a Ev Vs Gas Business in Illinois
- 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
- Foot Traffic
- Walkable
- New Car Dealers
- 3
- Related Businesses
- 8
- Bank Branches
- 5
vs. National Average
Median Income
+18% vs. $74,580
Walkability
+2.9 pts vs. national avg
Nearby Markets
60476
1.9 mi
Pop: 1,876
$61,111
Walk: 12.8
60419
2.1 mi
Pop: 20,979
$58,706
Walk: 12.2
60409
3.6 mi
Pop: 35,253
$53,991
Walk: 13.3
60426
3.7 mi
Pop: 23,066
$40,995
Walk: 14.2
60425
3.8 mi
Pop: 8,730
$71,348
Walk: 9.3
60438
4.1 mi
Pop: 28,802
$72,043
Walk: 10.3
60827
4.2 mi
Pop: 24,887
$37,648
Walk: 13.3
60430
5.0 mi
Pop: 19,993
$91,402
Walk: 12.3
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