New Car Dealers Market: ZIP 76247
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 76247 is an urban area. with a population of 18,360 and household incomes well above the national median ($123,173).
Area Profile
18,360
Population
$123,173
Median Income
+65% vs. national
Urban
Area Type
Median Age: 35.6 —
mixed-age market, broad menu appeal.
College-Educated: 22.8% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 76247.
6
Gas Stations
3.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,500
2BR Fair Market Rent
$2,070
Median Gross Rent
$370 K
Median Home Value
1
Bank Branches
$100 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.
- The median income here is $123,173. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 6
- Bank Branches
- 1
vs. National Average
Median Income
+65% vs. $74,580
Nearby Markets
76259
7.3 mi
Pop: 5,628
$94,433
Walk: 4.8
76052
8.5 mi
Pop: 31,569
$144,812
76177
9.0 mi
Pop: 24,141
$103,990
Walk: 7.2
76078
9.2 mi
Pop: 10,200
$94,379
Walk: 4.5
76262
9.5 mi
Pop: 43,589
$143,093
Walk: 7.6
76226
10.5 mi
Pop: 40,516
$170,530
Walk: 8.6
76071
11.6 mi
Pop: 4,723
$102,654
76244
12.0 mi
Pop: 75,149
$119,542
Walk: 9.0
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