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Home ZIP 75247

New Car Dealers Market: ZIP 75247

Opportunity Score
10 / 100 Challenging
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 75247 is an urban area. with a population of 833 and household incomes below the national median ($20,274).

Area Profile

833
Population
$20,274
Median Income
-73% vs. national
Urban
Area Type
Median Age: 59.1 — older demographic, may prefer sit-down options.
College-Educated: 9.1% — value-focused market, keep prices competitive.

Competition

New Car Dealers and related businesses in ZIP 75247.

28
Gas Stations
336.1 per 10K residents
8
Used Car Dealers
96.0 per 10K residents

Operating Costs

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

$1,520
2BR Fair Market Rent
$1,218
Median Gross Rent
4
Bank Branches
$500 K deposits

Tips for Starting a Ev Vs Gas Business in Texas

  • 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 $20,274. Price sensitivity is real. Build your model around volume or keep overhead minimal.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits