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Home ZIP 61843

New Car Dealers Market: ZIP 61843

Opportunity Score
62 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 61843 is an urban area. with a population of 2,003 and household incomes above the national median ($93,750).

Area Profile

2,003
Population
$93,750
Median Income
+26% vs. national
Urban
Area Type
Median Age: 36.5 — mixed-age market, broad menu appeal.
College-Educated: 20.7% — value-focused market, keep prices competitive.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,000
2BR Fair Market Rent
$850
Median Gross Rent
$180 K
Median Home Value
1
Bank Branches
$87 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.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits