New Car Dealers Market: ZIP 94306
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 94306 is an urban area with moderate foot traffic. with a population of 27,527 and household incomes well above the national median ($186,479). There are 4 new car dealers operations in ZIP 94306.
Area Profile
27,527
Population
$186,479
Median Income
+150% vs. national
Urban
Area Type
14.2/20
Foot Traffic
Very Car-Dependent
Median Age: 41.0 —
older demographic, may prefer sit-down options.
College-Educated: 56.5% —
strong appetite for artisan/specialty food.
Competition
New Car Dealers and related businesses in ZIP 94306.
4
New Car Dealers
Low competition — room to establish
1.5 per 10K residents
4
Gas Stations
1.5 per 10K residents
What this means:
New Car Dealers are 50.0% of the relevant market in ZIP 94306 (4 vs. 4 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,780
2BR Fair Market Rent
$2,927
Median Gross Rent
$2 M
Median Home Value
7
Bank Branches
$4.4 M deposits
Tips for Starting a Ev Vs Gas Business in California
- 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 $186,479. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- New Car Dealers
- 4
- Related Businesses
- 4
- Bank Branches
- 7
vs. National Average
Median Income
+150% vs. $74,580
Walkability
+3.7 pts vs. national avg
Nearby Markets
94301
2.3 mi
Pop: 17,126
$235,529
Walk: 17.7
94305
2.8 mi
Pop: 17,912
$72,470
Walk: 15.5
94304
2.8 mi
Pop: 4,731
$162,569
Walk: 17.3
94303
3.1 mi
Pop: 47,123
$148,031
Walk: 13.9
94040
4.0 mi
Pop: 35,581
$184,494
Walk: 14.2
94022
4.3 mi
Pop: 19,993
$250,001
Walk: 15.2
94025
4.3 mi
Pop: 40,230
$215,871
Walk: 12.0
94041
4.3 mi
Pop: 15,841
$168,980
Walk: 15.3
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