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Home ZIP 78704

New Car Dealers Market: ZIP 78704

Opportunity Score
83 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 78704 is an urban area with moderate foot traffic. with a population of 50,479 and household incomes above the national median ($97,160).

Area Profile

50,479
Population
$97,160
Median Income
+30% vs. national
Urban
Area Type
14.3/20
Foot Traffic
Very Car-Dependent
Median Age: 34.2 — mixed-age market, broad menu appeal.
College-Educated: 53.9% — strong appetite for artisan/specialty food.

Competition

New Car Dealers and related businesses in ZIP 78704.

16
Gas Stations
3.2 per 10K residents
4
Used Car Dealers
0.8 per 10K residents

Operating Costs

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

$2,190
2BR Fair Market Rent
$1,755
Median Gross Rent
$860 K
Median Home Value
9
Bank Branches
$1.2 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.

Data sources

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