New Car Dealers Market: ZIP 62535
Opportunity Score
92
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 62535 is an urban area. with a population of 3,656 and household incomes well above the national median ($113,456).
Area Profile
3,656
Population
$113,456
Median Income
+52% vs. national
Urban
Area Type
Median Age: 41.9 —
older demographic, may prefer sit-down options.
College-Educated: 39.7% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,270
2BR Fair Market Rent
$1,207
Median Gross Rent
$290 K
Median Home Value
2
Bank Branches
$260 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 $113,456. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 2
vs. National Average
Median Income
+52% vs. $74,580
Nearby Markets
62526
2.3 mi
Pop: 31,191
$48,222
Walk: 7.0
62523
5.7 mi
Pop: 802
Walk: 8.5
62554
5.9 mi
Pop: 1,738
$90,000
Walk: 4.8
61756
7.4 mi
Pop: 2,625
$83,889
62573
7.5 mi
Pop: 1,154
$91,250
Walk: 5.0
62521
8.4 mi
Pop: 32,455
$66,848
Walk: 8.9
62522
8.8 mi
Pop: 14,984
$51,689
Walk: 7.2
62537
10.1 mi
Pop: 288
$61,000
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