New Car Dealers Market: ZIP 77505
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 77505 is an urban area with low foot traffic. with a population of 23,686 and household incomes above the national median ($94,643).
Area Profile
23,686
Population
$94,643
Median Income
+27% vs. national
Urban
Area Type
8.8/20
Foot Traffic
Car-Dependent
Median Age: 34.3 —
mixed-age market, broad menu appeal.
College-Educated: 18.6% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 77505.
15
Gas Stations
6.3 per 10K residents
6
Used Car Dealers
2.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,700
2BR Fair Market Rent
$1,522
Median Gross Rent
$280 K
Median Home Value
15
Bank Branches
$1.5 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
- Car-Dependent
- Related Businesses
- 21
- Bank Branches
- 15
vs. National Average
Median Income
+27% vs. $74,580
Walkability
-1.7 pts vs. national avg
Nearby Markets
77059
2.9 mi
Pop: 18,386
$166,614
Walk: 8.1
77503
3.1 mi
Pop: 23,899
$64,977
Walk: 7.6
77504
3.3 mi
Pop: 25,758
$52,784
Walk: 8.8
77536
3.5 mi
Pop: 32,421
$96,297
Walk: 9.1
77034
4.3 mi
Pop: 37,185
$59,516
Walk: 8.4
77502
4.6 mi
Pop: 36,126
$59,337
Walk: 9.4
77062
5.0 mi
Pop: 24,892
$105,824
Walk: 8.5
77507
5.6 mi
Pop: 578
$74,536
Walk: 4.5
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