EVGasCompare
Showing results for ZIP 22031 (VA)
Home ZIP 98270

New Car Dealers Market: ZIP 98270

Opportunity Score
79 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 98270 is an urban area with moderate foot traffic. with a population of 53,744 and household incomes well above the national median ($102,258).

Area Profile

53,744
Population
$102,258
Median Income
+37% vs. national
Urban
Area Type
11.4/20
Foot Traffic
Walkable
Median Age: 37.8 — mixed-age market, broad menu appeal.
College-Educated: 15.8% — value-focused market, keep prices competitive.

Competition

New Car Dealers and related businesses in ZIP 98270.

5
Gas Stations
0.9 per 10K residents

Operating Costs

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

$2,390
2BR Fair Market Rent
$1,845
Median Gross Rent
$540 K
Median Home Value
11
Bank Branches
$940 K deposits

Tips for Starting a Ev Vs Gas Business in Washington

  • 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 $102,258. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

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