EVGasCompare
Showing results for ZIP 19945 (DE)
Home ZIP 62822

New Car Dealers Market: ZIP 62822

Opportunity Score
38 / 100 Challenging
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 62822 is an rural area. with a population of 2,437 and household incomes below the national median ($43,155).

Area Profile

2,437
Population
$43,155
Median Income
-42% vs. national
Rural
Area Type
Median Age: 51.0 — older demographic, may prefer sit-down options.
College-Educated: 12.6% — value-focused market, keep prices competitive.

Competition

New Car Dealers and related businesses in ZIP 62822.

3
Gas Stations
12.3 per 10K residents

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$870
2BR Fair Market Rent
$641
Median Gross Rent
$71 K
Median Home Value
2
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.
  • Median income sits at $43,155. Price sensitivity is real. Build your model around volume or keep overhead minimal.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits