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Home ZIP 70788

New Car Dealers Market: ZIP 70788

Opportunity Score
43 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 70788 is an urban area with low foot traffic. with a population of 3,967 and household incomes below the national median ($36,250).

Area Profile

3,967
Population
$36,250
Median Income
-51% vs. national
Urban
Area Type
4.3/20
Foot Traffic
Very Car-Dependent
Median Age: 36.1 — mixed-age market, broad menu appeal.
College-Educated: 8.6% — value-focused market, keep prices competitive.

Competition

New Car Dealers and related businesses in ZIP 70788.

3
Gas Stations
7.6 per 10K residents

Operating Costs

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

$900
2BR Fair Market Rent
$695
Median Gross Rent
$150 K
Median Home Value
2
Bank Branches
$75 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 $36,250. Price sensitivity is real. Build your model around volume or keep overhead minimal.

Quick Facts

Area Type
Urban
Foot Traffic
Very Car-Dependent
Related Businesses
3
Bank Branches
2

vs. National Average

Median Income
-51% vs. $74,580
Walkability
-6.2 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