New Car Dealers Market: ZIP 70122
Opportunity Score
63
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 70122 is an urban area with moderate foot traffic. with a population of 35,318 and household incomes below the national median ($47,613).
Area Profile
35,318
Population
$47,613
Median Income
-36% vs. national
Urban
Area Type
13.7/20
Foot Traffic
Walkable
Median Age: 41.1 —
older demographic, may prefer sit-down options.
College-Educated: 26.7% —
balanced market for quality & value.
Competition
New Car Dealers and related businesses in ZIP 70122.
7
Gas Stations
2.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,490
2BR Fair Market Rent
$1,196
Median Gross Rent
$270 K
Median Home Value
6
Bank Branches
$210 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 7
- Bank Branches
- 6
vs. National Average
Median Income
-36% vs. $74,580
Walkability
+3.2 pts vs. national avg
Nearby Markets
70148
1.3 mi
Pop: 203
$2,499
Walk: 14.2
70124
2.7 mi
Pop: 20,840
$121,318
Walk: 14.4
70119
2.8 mi
Pop: 36,167
$50,854
Walk: 14.5
70116
2.8 mi
Pop: 10,377
$45,580
Walk: 15.0
70126
3.3 mi
Pop: 28,690
$38,229
Walk: 12.0
70117
3.7 mi
Pop: 26,250
$41,645
Walk: 13.5
70112
3.7 mi
Pop: 3,646
$23,052
Walk: 15.2
70139
4.0 mi
Pop: 0
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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