New Car Dealers Market: ZIP 62208
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 62208 is an urban area with moderate foot traffic. with a population of 16,653 and household incomes above the national median ($78,423).
Area Profile
16,653
Population
$78,423
Median Income
+5% vs. national
Urban
Area Type
13.0/20
Foot Traffic
Walkable
Median Age: 40.8 —
older demographic, may prefer sit-down options.
College-Educated: 21.8% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 62208.
10
Gas Stations
6.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,320
2BR Fair Market Rent
$1,222
Median Gross Rent
$170 K
Median Home Value
8
Bank Branches
$440 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
- Related Businesses
- 10
- Bank Branches
- 8
vs. National Average
Median Income
+5% vs. $74,580
Walkability
+2.5 pts vs. national avg
Nearby Markets
62232
2.6 mi
Pop: 7,480
$64,268
Walk: 10.6
62226
4.1 mi
Pop: 28,543
$66,018
Walk: 12.7
62203
4.9 mi
Pop: 5,539
$41,134
Walk: 12.7
62223
5.6 mi
Pop: 16,269
$69,620
Walk: 10.5
62269
6.2 mi
Pop: 35,536
$100,167
Walk: 9.6
62234
6.2 mi
Pop: 31,832
$66,437
Walk: 8.6
62204
6.7 mi
Pop: 4,824
$36,789
Walk: 12.0
62205
7.9 mi
Pop: 5,760
$41,059
Walk: 12.1
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