EVGasCompare
Showing results for ZIP 47348 (IN)
Home ZIP 71822

New Car Dealers Market: ZIP 71822

Opportunity Score
62 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 71822 is an urban area. with a population of 7,830 and household incomes below the national median ($49,851).

Area Profile

7,830
Population
$49,851
Median Income
-33% vs. national
Urban
Area Type
Median Age: 42.8 — older demographic, may prefer sit-down options.
College-Educated: 12.4% — value-focused market, keep prices competitive.

Operating Costs

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

$900
2BR Fair Market Rent
$837
Median Gross Rent
$120 K
Median Home Value
5
Bank Branches
$110 K deposits

Tips for Starting a Ev Vs Gas Business in Arkansas

  • 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