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Showing results for ZIP 28701 (NC)
Home ZIP 78724

New Car Dealers Market: ZIP 78724

Opportunity Score
64 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 78724 is an urban area with low foot traffic. with a population of 29,326 and household incomes above the national median ($76,906).

Area Profile

29,326
Population
$76,906
Median Income
+3% vs. national
Urban
Area Type
8.4/20
Foot Traffic
Car-Dependent
Median Age: 32.2 — mixed-age market, broad menu appeal.
College-Educated: 17.4% — value-focused market, keep prices competitive.

Competition

New Car Dealers and related businesses in ZIP 78724.

7
Gas Stations
2.4 per 10K residents

Operating Costs

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

$1,860
2BR Fair Market Rent
$1,454
Median Gross Rent
$300 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