New Car Dealers Market: ZIP 62875
Opportunity Score
36
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 62875 is an rural area. with a population of 1,091 and household incomes near the national median ($70,625).
Area Profile
1,091
Population
$70,625
Median Income
-5% vs. national
Rural
Area Type
Median Age: 41.8 —
older demographic, may prefer sit-down options.
College-Educated: 10.1% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,090
2BR Fair Market Rent
$872
Median Gross Rent
$100 K
Median Home Value
1
Bank Branches
$33 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.
- 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
- Bank Branches
- 1
vs. National Average
Median Income
-5% vs. $74,580
Nearby Markets
62892
4.8 mi
Pop: 189
$55,625
Walk: 3.1
62882
8.2 mi
Pop: 2,101
$53,067
Walk: 4.9
62885
8.2 mi
Pop: 458
$58,239
Walk: 3.8
62870
9.5 mi
Pop: 2,260
$59,188
62253
12.4 mi
Pop: 923
$50,000
62807
13.2 mi
Pop: 816
$83,750
62471
14.1 mi
Pop: 10,309
$58,810
Walk: 5.8
62284
15.1 mi
Pop: 629
$50,208
Walk: 4.3
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