New Car Dealers Market: ZIP 80124
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 80124 is an urban area with moderate foot traffic. with a population of 22,472 and household incomes well above the national median ($126,775). There are 4 new car dealers operations in ZIP 80124.
Area Profile
22,472
Population
$126,775
Median Income
+70% vs. national
Urban
Area Type
10.8/20
Foot Traffic
Walkable
Median Age: 39.0 —
mixed-age market, broad menu appeal.
College-Educated: 48.8% —
strong appetite for artisan/specialty food.
Competition
New Car Dealers and related businesses in ZIP 80124.
4
New Car Dealers
Low competition — room to establish
1.8 per 10K residents
4
Gas Stations
1.8 per 10K residents
What this means:
New Car Dealers are 50.0% of the relevant market in ZIP 80124 (4 vs. 4 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,450
2BR Fair Market Rent
$2,055
Median Gross Rent
$730 K
Median Home Value
9
Bank Branches
$860 K deposits
Tips for Starting a Ev Vs Gas Business in Colorado
- 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.
- The median income here is $126,775. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- New Car Dealers
- 4
- Related Businesses
- 4
- Bank Branches
- 9
vs. National Average
Median Income
+70% vs. $74,580
Walkability
+0.3 pts vs. national avg
Nearby Markets
80130
2.3 mi
Pop: 25,293
$155,117
Walk: 11.6
80112
3.3 mi
Pop: 36,687
$107,504
Walk: 11.5
80126
5.0 mi
Pop: 44,482
$166,501
Walk: 10.5
80122
5.5 mi
Pop: 31,575
$120,181
Walk: 12.5
80111
5.5 mi
Pop: 31,817
$132,292
Walk: 10.3
80108
6.6 mi
Pop: 35,485
$178,670
Walk: 7.3
80121
6.9 mi
Pop: 17,929
$136,287
Walk: 11.6
80237
7.4 mi
Pop: 22,764
$86,723
Walk: 14.5
Check Another Market
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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