New Car Dealers Market: ZIP 62670
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 62670 is an urban area. with a population of 2,695 and household incomes above the national median ($76,957).
Area Profile
2,695
Population
$76,957
Median Income
+3% vs. national
Urban
Area Type
Median Age: 42.9 —
older demographic, may prefer sit-down options.
College-Educated: 25.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,040
2BR Fair Market Rent
$826
Median Gross Rent
$190 K
Median Home Value
1
Bank Branches
$110 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
- Bank Branches
- 1
vs. National Average
Median Income
+3% vs. $74,580
Nearby Markets
62661
7.2 mi
Pop: 1,360
$68,487
Walk: 10.0
62677
7.6 mi
Pop: 2,153
$99,167
62601
9.7 mi
Pop: 337
$91,389
62692
11.4 mi
Pop: 2,128
$66,619
Walk: 4.6
62711
11.5 mi
Pop: 18,351
$123,507
Walk: 9.1
62629
13.3 mi
Pop: 15,369
$106,373
62688
14.0 mi
Pop: 783
$62,188
Walk: 3.6
62615
14.8 mi
Pop: 5,075
$79,375
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