New Car Dealers Market: ZIP 55013
Opportunity Score
88
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55013 is an urban area. with a population of 7,030 and household incomes above the national median ($99,898).
Area Profile
7,030
Population
$99,898
Median Income
+34% vs. national
Urban
Area Type
Median Age: 44.7 —
older demographic, may prefer sit-down options.
College-Educated: 20.9% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 55013.
3
Gas Stations
4.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,460
2BR Fair Market Rent
$1,156
Median Gross Rent
$370 K
Median Home Value
2
Bank Branches
$190 K deposits
Tips for Starting a Ev Vs Gas Business in Minnesota
- 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
- Related Businesses
- 3
- Bank Branches
- 2
vs. National Average
Median Income
+34% vs. $74,580
Nearby Markets
55045
5.1 mi
Pop: 7,854
$110,685
Walk: 9.0
55073
6.5 mi
Pop: 4,145
$130,556
Walk: 4.9
55012
9.1 mi
Pop: 1,995
$93,500
55025
10.9 mi
Pop: 25,759
$95,993
Walk: 9.9
55079
11.2 mi
Pop: 8,840
$111,484
Walk: 4.4
55047
11.4 mi
Pop: 2,230
$100,357
55074
11.8 mi
Pop: 2,260
$104,545
Walk: 3.8
55056
11.9 mi
Pop: 14,279
$93,601
Walk: 6.9
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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