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Showing results for ZIP 06516 (CT)
Home ZIP 77380

New Car Dealers Market: ZIP 77380

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

Market Summary

ZIP 77380 is an urban area with low foot traffic. with a population of 31,151 and household incomes above the national median ($84,468). There are 3 new car dealers operations in ZIP 77380.

Area Profile

31,151
Population
$84,468
Median Income
+13% vs. national
Urban
Area Type
9.7/20
Foot Traffic
Very Car-Dependent
Median Age: 36.6 — mixed-age market, broad menu appeal.
College-Educated: 38.3% — balanced market for quality & value.

Competition

New Car Dealers and related businesses in ZIP 77380.

3
New Car Dealers
Low competition — room to establish
1.0 per 10K residents
11
Gas Stations
3.5 per 10K residents
3
Used Car Dealers
1.0 per 10K residents
What this means: New Car Dealers are 17.6% of the relevant market in ZIP 77380 (3 vs. 14 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,950
2BR Fair Market Rent
$1,607
Median Gross Rent
$340 K
Median Home Value
21
Bank Branches
$5.5 M 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.

Quick Facts

Area Type
Urban
Foot Traffic
Very Car-Dependent
New Car Dealers
3
Related Businesses
14
Bank Branches
21

vs. National Average

Median Income
+13% vs. $74,580
Walkability
-0.8 pts vs. national avg

Check Another Market

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Data sources

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