New Car Dealers Market: ZIP 70802
Opportunity Score
49
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 70802 is an urban area with low foot traffic. with a population of 23,964 and household incomes below the national median ($34,082).
Area Profile
23,964
Population
$34,082
Median Income
-54% vs. national
Urban
Area Type
8.9/20
Foot Traffic
Car-Dependent
Median Age: 31.9 —
mixed-age market, broad menu appeal.
College-Educated: 13.9% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 70802.
10
Gas Stations
4.2 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,150
2BR Fair Market Rent
$935
Median Gross Rent
$110 K
Median Home Value
3
Bank Branches
$610 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 $34,082. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 10
- Bank Branches
- 3
vs. National Average
Median Income
-54% vs. $74,580
Walkability
-1.6 pts vs. national avg
Nearby Markets
70801
0.8 mi
Pop: 243
$112,787
70825
1.0 mi
Pop: 0
Walk: 10.0
70803
2.4 mi
Pop: 3,448
70805
3.2 mi
Pop: 24,145
$26,301
Walk: 7.7
70806
3.5 mi
Pop: 28,551
$53,430
Walk: 8.5
70808
3.8 mi
Pop: 36,513
$69,078
Walk: 8.4
70812
5.8 mi
Pop: 11,124
$41,402
Walk: 6.4
70820
5.8 mi
Pop: 22,397
$47,556
Walk: 6.4
Check Another Market
Or estimate costs with the EVGasCompare calculator.
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