New Car Dealers Market: ZIP 87105
Opportunity Score
61
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 87105 is an urban area with moderate foot traffic. with a population of 54,215 and household incomes below the national median ($49,928).
Area Profile
54,215
Population
$49,928
Median Income
-33% vs. national
Urban
Area Type
12.0/20
Foot Traffic
Walkable
Median Age: 38.9 —
mixed-age market, broad menu appeal.
College-Educated: 10.7% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 87105.
13
Gas Stations
2.4 per 10K residents
4
Used Car Dealers
0.7 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,120
2BR Fair Market Rent
$972
Median Gross Rent
$200 K
Median Home Value
5
Bank Branches
$360 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
- Walkable
- Related Businesses
- 17
- Bank Branches
- 5
vs. National Average
Median Income
-33% vs. $74,580
Walkability
+1.5 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