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Showing results for ZIP 35824 (AL)
Home ZIP 62907

New Car Dealers Market: ZIP 62907

Opportunity Score
48 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 62907 is an suburban area. with a population of 1,912 and household incomes near the national median ($73,300).

Area Profile

1,912
Population
$73,300
Median Income
-2% vs. national
Suburban
Area Type
Median Age: 36.2 — mixed-age market, broad menu appeal.
College-Educated: 11.4% — value-focused market, keep prices competitive.

Operating Costs

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

$980
2BR Fair Market Rent
$703
Median Gross Rent
$180 K
Median Home Value
1
Bank Branches
$64 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.

Data sources

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