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Home ZIP 70117

New Car Dealers Market: ZIP 70117

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

Market Summary

ZIP 70117 is an urban area with moderate foot traffic. with a population of 26,250 and household incomes below the national median ($41,645).

Area Profile

26,250
Population
$41,645
Median Income
-44% vs. national
Urban
Area Type
13.5/20
Foot Traffic
Walkable
Median Age: 39.2 — mixed-age market, broad menu appeal.
College-Educated: 26.1% — balanced market for quality & value.

Competition

New Car Dealers and related businesses in ZIP 70117.

5
Gas Stations
1.9 per 10K residents

Operating Costs

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

$1,340
2BR Fair Market Rent
$1,191
Median Gross Rent
$250 K
Median Home Value
1
Bank Branches
$49 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 $41,645. Price sensitivity is real. Build your model around volume or keep overhead minimal.

Quick Facts

Area Type
Urban
Foot Traffic
Walkable
Related Businesses
5
Bank Branches
1

vs. National Average

Median Income
-44% vs. $74,580
Walkability
+3.0 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