New Car Dealers Market: ZIP 62523
Opportunity Score
32
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 62523 is an urban area with low foot traffic.
Area Profile
802
Population
Urban
Area Type
8.5/20
Foot Traffic
Car-Dependent
Median Age: 37.5 —
mixed-age market, broad menu appeal.
College-Educated: 4.4% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$870
2BR Fair Market Rent
$333
Median Gross Rent
7
Bank Branches
$930 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
- Car-Dependent
- Bank Branches
- 7
vs. National Average
Walkability
-2.0 pts vs. national avg
Nearby Markets
62521
2.9 mi
Pop: 32,455
$66,848
Walk: 8.9
62526
4.7 mi
Pop: 31,191
$48,222
Walk: 7.0
62532
5.0 mi
Pop: 33
Walk: 4.8
62535
5.7 mi
Pop: 3,656
$113,456
62522
6.6 mi
Pop: 14,984
$51,689
Walk: 7.2
62549
7.8 mi
Pop: 6,789
$109,350
Walk: 6.7
62514
8.2 mi
Pop: 372
$54,955
62554
8.5 mi
Pop: 1,738
$90,000
Walk: 4.8
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