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Showing results for ZIP 47345 (IN)
Home ZIP 78407

New Car Dealers Market: ZIP 78407

Opportunity Score
38 / 100 Challenging
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 78407 is an urban area. with a population of 1,937 and household incomes near the national median ($53,909).

Area Profile

1,937
Population
$53,909
Median Income
-28% vs. national
Urban
Area Type
Median Age: 39.6 — mixed-age market, broad menu appeal.
College-Educated: 4.5% — value-focused market, keep prices competitive.

Operating Costs

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

$1,270
2BR Fair Market Rent
$1,054
Median Gross Rent
$130 K
Median Home Value

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