New Car Dealers Market: ZIP 71238
Opportunity Score
30
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 71238 is an urban area. with a population of 2,399 and household incomes below the national median ($31,676).
Area Profile
2,399
Population
$31,676
Median Income
-58% vs. national
Urban
Area Type
Median Age: 46.5 —
older demographic, may prefer sit-down options.
College-Educated: 6.1% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$940
2BR Fair Market Rent
$856
Median Gross Rent
$150 K
Median Home Value
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 $31,676. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
-58% vs. $74,580
Nearby Markets
71226
8.9 mi
Pop: 1,806
$45,000
71225
10.1 mi
Pop: 7,450
$74,429
71292
11.3 mi
Pop: 21,866
$51,317
Walk: 6.8
71227
13.4 mi
Pop: 4,099
$60,810
71291
19.7 mi
Pop: 35,345
$69,012
Walk: 7.1
71270
20.5 mi
Pop: 32,747
$37,599
Walk: 5.7
71201
22.2 mi
Pop: 21,084
$53,538
Walk: 8.4
71272
22.3 mi
Pop: 2,035
Walk: 6.5
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