New Car Dealers Market: ZIP 70131
Opportunity Score
67
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 70131 is an urban area with moderate foot traffic. with a population of 25,460 and household incomes near the national median ($64,294).
Area Profile
25,460
Population
$64,294
Median Income
-14% vs. national
Urban
Area Type
11.9/20
Foot Traffic
Walkable
Median Age: 39.4 —
mixed-age market, broad menu appeal.
College-Educated: 26.8% —
balanced market for quality & value.
Competition
New Car Dealers and related businesses in ZIP 70131.
4
Gas Stations
1.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,350
2BR Fair Market Rent
$1,057
Median Gross Rent
$240 K
Median Home Value
4
Bank Branches
$420 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
- 4
- Bank Branches
- 4
vs. National Average
Median Income
-14% vs. $74,580
Walkability
+1.4 pts vs. national avg
Nearby Markets
70075
3.1 mi
Pop: 5,349
$69,537
Walk: 6.9
70043
3.5 mi
Pop: 22,461
$57,065
Walk: 9.3
70032
4.0 mi
Pop: 4,436
$52,500
Walk: 9.8
70092
4.3 mi
Pop: 6,784
$60,723
Walk: 5.4
70056
4.9 mi
Pop: 42,471
$61,831
Walk: 8.9
70114
5.5 mi
Pop: 22,132
$41,435
Walk: 13.8
70117
6.5 mi
Pop: 26,250
$41,645
Walk: 13.5
70053
6.5 mi
Pop: 16,409
$43,786
Walk: 12.6
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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