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New Car Dealers Market: ZIP 87402

Opportunity Score
57 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 87402 is an urban area with moderate foot traffic. with a population of 10,997 and household incomes above the national median ($76,992). There are 6 new car dealers operations in ZIP 87402.

Area Profile

10,997
Population
$76,992
Median Income
+3% vs. national
Urban
Area Type
10.2/20
Foot Traffic
Walkable
Median Age: 40.0 — older demographic, may prefer sit-down options.
College-Educated: 18.8% — value-focused market, keep prices competitive.

Competition

New Car Dealers and related businesses in ZIP 87402.

6
New Car Dealers
Moderate — proven market
5.5 per 10K residents
8
Gas Stations
7.3 per 10K residents
3
Used Car Dealers
2.7 per 10K residents
What this means: New Car Dealers are 35.3% of the relevant market in ZIP 87402 (6 vs. 11 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,190
2BR Fair Market Rent
$1,042
Median Gross Rent
$270 K
Median Home Value
7
Bank Branches
$330 K deposits

Quick Facts

Area Type
Urban
Foot Traffic
Walkable
New Car Dealers
6
Related Businesses
11
Bank Branches
7

vs. National Average

Median Income
+3% vs. $74,580
Walkability
-0.3 pts vs. national avg

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Data sources

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