New Car Dealers Market: ZIP 61748
Opportunity Score
82
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 61748 is an urban area. with a population of 2,612 and household incomes well above the national median ($125,690).
Area Profile
2,612
Population
$125,690
Median Income
+69% vs. national
Urban
Area Type
Median Age: 44.5 —
older demographic, may prefer sit-down options.
College-Educated: 30.6% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,000
2BR Fair Market Rent
$1,146
Median Gross Rent
$220 K
Median Home Value
1
Bank Branches
$28 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.
- The median income here is $125,690. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 1
vs. National Average
Median Income
+69% vs. $74,580
Nearby Markets
61761
7.3 mi
Pop: 53,404
$66,642
Walk: 11.2
61705
8.6 mi
Pop: 12,973
$120,470
Walk: 8.2
61725
8.6 mi
Pop: 1,495
$117,000
61738
8.8 mi
Pop: 4,444
$83,116
61776
9.4 mi
Pop: 1,208
$111,354
Walk: 5.2
61701
10.1 mi
Pop: 35,577
$55,882
Walk: 14.9
61704
11.2 mi
Pop: 36,938
$93,107
Walk: 13.4
61744
11.6 mi
Pop: 1,917
$70,859
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