New Car Dealers Market: ZIP 62870
Opportunity Score
44
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 62870 is an rural area. with a population of 2,260 and household incomes near the national median ($59,188).
Area Profile
2,260
Population
$59,188
Median Income
-21% vs. national
Rural
Area Type
Median Age: 46.0 —
older demographic, may prefer sit-down options.
College-Educated: 9.5% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$970
2BR Fair Market Rent
$857
Median Gross Rent
$130 K
Median Home Value
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
vs. National Average
Median Income
-21% vs. $74,580
Nearby Markets
62882
4.5 mi
Pop: 2,101
$53,067
Walk: 4.9
62881
8.7 mi
Pop: 11,218
$69,025
Walk: 6.8
62875
9.5 mi
Pop: 1,091
$70,625
62801
10.5 mi
Pop: 19,941
$53,740
Walk: 8.0
62807
11.7 mi
Pop: 816
$83,750
62893
11.8 mi
Pop: 922
$72,115
Walk: 4.0
62892
12.1 mi
Pop: 189
$55,625
Walk: 3.1
62853
12.7 mi
Pop: 962
$64,750
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