New Car Dealers Market: ZIP 62951
Opportunity Score
49
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 62951 is an suburban area with low foot traffic. with a population of 5,381 and household incomes below the national median ($49,694).
Area Profile
5,381
Population
$49,694
Median Income
-33% vs. national
Suburban
Area Type
5.9/20
Foot Traffic
Very Car-Dependent
Median Age: 51.4 —
older demographic, may prefer sit-down options.
College-Educated: 13.1% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 62951.
4
Gas Stations
7.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$890
2BR Fair Market Rent
$854
Median Gross Rent
$90 K
Median Home Value
3
Bank Branches
$94 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
- Suburban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 4
- Bank Branches
- 3
vs. National Average
Median Income
-33% vs. $74,580
Walkability
-4.6 pts vs. national avg
Nearby Markets
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