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Home ZIP 70113

New Car Dealers Market: ZIP 70113

Opportunity Score
61 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 70113 is an urban area with moderate foot traffic. with a population of 9,888 and household incomes below the national median ($36,897).

Area Profile

9,888
Population
$36,897
Median Income
-51% vs. national
Urban
Area Type
14.8/20
Foot Traffic
Very Car-Dependent
Median Age: 38.9 — mixed-age market, broad menu appeal.
College-Educated: 19.7% — value-focused market, keep prices competitive.

Operating Costs

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

$1,230
2BR Fair Market Rent
$960
Median Gross Rent
$260 K
Median Home Value
3
Bank Branches
$55 K deposits

Tips for Starting a Ev Vs Gas Business in Louisiana

  • 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.
  • Median income sits at $36,897. Price sensitivity is real. Build your model around volume or keep overhead minimal.

Data sources

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