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Home ZIP 76504

New Car Dealers Market: ZIP 76504

Opportunity Score
55 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 76504 is an urban area with low foot traffic. with a population of 24,856 and household incomes near the national median ($50,420).

Area Profile

24,856
Population
$50,420
Median Income
-32% vs. national
Urban
Area Type
8.0/20
Foot Traffic
Car-Dependent
Median Age: 33.2 — mixed-age market, broad menu appeal.
College-Educated: 12.9% — value-focused market, keep prices competitive.

Competition

New Car Dealers and related businesses in ZIP 76504.

8
Gas Stations
3.2 per 10K residents
4
Used Car Dealers
1.6 per 10K residents

Operating Costs

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

$1,240
2BR Fair Market Rent
$1,106
Median Gross Rent
$160 K
Median Home Value
4
Bank Branches
$320 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.

Data sources

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