New Car Dealers Market: ZIP 87031
Opportunity Score
48
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 87031 is an urban area with low foot traffic. with a population of 46,211 and household incomes near the national median ($61,947). There are 4 new car dealers operations in ZIP 87031.
Area Profile
46,211
Population
$61,947
Median Income
-17% vs. national
Urban
Area Type
7.6/20
Foot Traffic
Car-Dependent
Median Age: 36.5 —
mixed-age market, broad menu appeal.
College-Educated: 14.3% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 87031.
4
New Car Dealers
Low competition — room to establish
0.9 per 10K residents
10
Gas Stations
2.2 per 10K residents
What this means:
New Car Dealers are 28.6% of the relevant market in ZIP 87031 (4 vs. 10 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,410
2BR Fair Market Rent
$1,083
Median Gross Rent
$210 K
Median Home Value
6
Bank Branches
$470 K deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- New Car Dealers
- 4
- Related Businesses
- 10
- Bank Branches
- 6
vs. National Average
Median Income
-17% vs. $74,580
Walkability
-2.9 pts vs. national avg
Nearby Markets
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