New Car Dealers Market: ZIP 62354
Opportunity Score
36
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 62354 is an rural area. with a population of 1,426 and household incomes near the national median ($62,237).
Area Profile
1,426
Population
$62,237
Median Income
-17% vs. national
Rural
Area Type
Median Age: 46.9 —
older demographic, may prefer sit-down options.
College-Educated: 18.9% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$960
2BR Fair Market Rent
$828
Median Gross Rent
$150 K
Median Home Value
1
Bank Branches
$29 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.
- This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.
Quick Facts
- Area Type
- Rural
- Bank Branches
- 1
vs. National Average
Median Income
-17% vs. $74,580
Nearby Markets
62341
6.5 mi
Pop: 3,439
$65,050
62358
7.3 mi
Pop: 525
$82,917
Walk: 4.1
52632
9.2 mi
Pop: 11,904
$52,547
Walk: 9.6
52639
9.5 mi
Pop: 1,626
$61,250
Walk: 3.8
52627
9.8 mi
Pop: 12,585
$54,864
Walk: 7.8
62334
10.6 mi
Pop: 185
$30,625
62336
12.1 mi
Pop: 95
$44,375
52658
14.8 mi
Pop: 906
$84,375
Walk: 6.5
Check Another Market
Or estimate costs with the EVGasCompare calculator.
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