New Car Dealers Market: ZIP 99516
Opportunity Score
76
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 99516 is an urban area with low foot traffic. with a population of 21,208 and household incomes well above the national median ($160,341).
Area Profile
21,208
Population
$160,341
Median Income
+115% vs. national
Urban
Area Type
5.6/20
Foot Traffic
Very Car-Dependent
Median Age: 40.9 —
older demographic, may prefer sit-down options.
College-Educated: 37.1% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,210
2BR Fair Market Rent
$1,284
Median Gross Rent
$580 K
Median Home Value
Tips for Starting a Ev Vs Gas Business in Alaska
- 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 $160,341. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
vs. National Average
Median Income
+115% vs. $74,580
Walkability
-4.9 pts vs. national avg
Nearby Markets
99507
6.9 mi
Pop: 36,300
$107,347
Walk: 10.6
99504
10.4 mi
Pop: 41,684
$83,338
Walk: 12.3
99508
11.2 mi
Pop: 36,660
$72,751
Walk: 12.8
99515
12.7 mi
Pop: 21,879
$112,445
Walk: 10.1
99518
13.3 mi
Pop: 9,837
$91,077
Walk: 13.8
99501
14.1 mi
Pop: 16,563
$69,591
Walk: 13.9
99505
14.7 mi
Pop: 5,425
$98,500
99506
14.9 mi
Pop: 7,051
$73,380
Walk: 13.1
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