New Car Dealers Market: ZIP 87104
Opportunity Score
73
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 87104 is an urban area with high foot traffic. with a population of 13,369 and household incomes near the national median ($67,714).
Area Profile
13,369
Population
$67,714
Median Income
-9% vs. national
Urban
Area Type
16.3/20
Foot Traffic
Very Walkable
Median Age: 40.7 —
older demographic, may prefer sit-down options.
College-Educated: 34.1% —
balanced market for quality & value.
Competition
New Car Dealers and related businesses in ZIP 87104.
5
Gas Stations
3.7 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,300
2BR Fair Market Rent
$1,022
Median Gross Rent
$300 K
Median Home Value
1
Bank Branches
$150 K deposits
Tips for Starting a Ev Vs Gas Business in New Mexico
- 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
- Urban
- Foot Traffic
- Very Walkable
- Related Businesses
- 5
- Bank Branches
- 1
vs. National Average
Median Income
-9% vs. $74,580
Walkability
+5.8 pts vs. national avg
Nearby Markets
87101
2.2 mi
Pop: 0
87102
2.4 mi
Pop: 20,258
$37,276
Walk: 15.8
87107
3.3 mi
Pop: 26,993
$59,663
Walk: 13.5
87114
6.5 mi
Pop: 70,064
$81,768
Walk: 10.7
87120
6.5 mi
Pop: 65,477
$84,887
Walk: 10.0
87110
6.7 mi
Pop: 40,142
$63,593
Walk: 14.2
87108
7.0 mi
Pop: 35,985
$39,578
Walk: 14.4
87105
7.5 mi
Pop: 54,215
$49,928
Walk: 12.0
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