New Car Dealers Market: ZIP 70807
Opportunity Score
40
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 70807 is an urban area with low foot traffic. with a population of 15,574 and household incomes below the national median ($27,064).
Area Profile
15,574
Population
$27,064
Median Income
-64% vs. national
Urban
Area Type
4.3/20
Foot Traffic
Very Car-Dependent
Median Age: 33.3 —
mixed-age market, broad menu appeal.
College-Educated: 9.0% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 70807.
9
Gas Stations
5.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,150
2BR Fair Market Rent
$917
Median Gross Rent
$110 K
Median Home Value
1
Bank Branches
$26 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 $27,064. 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
- 9
- Bank Branches
- 1
vs. National Average
Median Income
-64% vs. $74,580
Walkability
-6.2 pts vs. national avg
Nearby Markets
70813
2.1 mi
Pop: 1,829
Walk: 5.2
70811
5.2 mi
Pop: 13,178
$41,195
Walk: 5.4
70805
5.7 mi
Pop: 24,145
$26,301
Walk: 7.7
70714
6.0 mi
Pop: 17,449
$60,333
Walk: 6.8
70825
7.3 mi
Pop: 0
Walk: 10.0
70791
7.4 mi
Pop: 30,097
$80,243
Walk: 4.5
70801
7.5 mi
Pop: 243
$112,787
70812
7.8 mi
Pop: 11,124
$41,402
Walk: 6.4
Check Another Market
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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