New Car Dealers Market: ZIP 78624
Opportunity Score
48
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 78624 is an suburban area with low foot traffic. with a population of 23,610 and household incomes near the national median ($67,987). There are 3 new car dealers operations in ZIP 78624.
Area Profile
23,610
Population
$67,987
Median Income
-9% vs. national
Suburban
Area Type
6.8/20
Foot Traffic
Car-Dependent
Median Age: 51.1 —
older demographic, may prefer sit-down options.
College-Educated: 27.6% —
balanced market for quality & value.
Competition
New Car Dealers and related businesses in ZIP 78624.
3
New Car Dealers
Low competition — room to establish
1.3 per 10K residents
8
Gas Stations
3.4 per 10K residents
What this means:
New Car Dealers are 27.3% of the relevant market in ZIP 78624 (3 vs. 8 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,510
2BR Fair Market Rent
$1,347
Median Gross Rent
$440 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
- Suburban
- Foot Traffic
- Car-Dependent
- New Car Dealers
- 3
- Related Businesses
- 8
- Bank Branches
- 15
vs. National Average
Median Income
-9% vs. $74,580
Walkability
-3.7 pts vs. national avg
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