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Showing results for ZIP 22720 (VA)
Home ZIP 89403

New Car Dealers Market: ZIP 89403

Opportunity Score
60 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 89403 is an urban area with low foot traffic. with a population of 17,391 and household incomes above the national median ($87,226).

Area Profile

17,391
Population
$87,226
Median Income
+17% vs. national
Urban
Area Type
3.2/20
Foot Traffic
Very Car-Dependent
Median Age: 46.8 — older demographic, may prefer sit-down options.
College-Educated: 15.1% — value-focused market, keep prices competitive.

Competition

New Car Dealers and related businesses in ZIP 89403.

3
Gas Stations
1.7 per 10K residents

Operating Costs

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

$1,430
2BR Fair Market Rent
$1,275
Median Gross Rent
$390 K
Median Home Value
1
Bank Branches
$37 K deposits

Tips for Starting a Ev Vs Gas Business in Nevada

  • 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
Urban
Foot Traffic
Very Car-Dependent
Related Businesses
3
Bank Branches
1

vs. National Average

Median Income
+17% vs. $74,580
Walkability
-7.3 pts vs. national avg

Check Another Market

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Data sources

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