New Car Dealers Market: ZIP 55066
Opportunity Score
59
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55066 is an suburban area with low foot traffic. with a population of 19,125 and household incomes near the national median ($70,529).
Area Profile
19,125
Population
$70,529
Median Income
-5% vs. national
Suburban
Area Type
6.3/20
Foot Traffic
Car-Dependent
Median Age: 42.5 —
older demographic, may prefer sit-down options.
College-Educated: 19.4% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 55066.
6
Gas Stations
3.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,100
2BR Fair Market Rent
$958
Median Gross Rent
$240 K
Median Home Value
7
Bank Branches
$490 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
- Suburban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 6
- Bank Branches
- 7
vs. National Average
Median Income
-5% vs. $74,580
Walkability
-4.2 pts vs. national avg
Nearby Markets
55027
8.7 mi
Pop: 2,948
$92,857
54014
9.7 mi
Pop: 2,018
$98,512
54723
10.7 mi
Pop: 1,020
$83,750
55089
13.0 mi
Pop: 1,760
$105,938
Walk: 3.8
55026
14.0 mi
Pop: 451
$104,688
54011
15.1 mi
Pop: 6,910
$86,442
Walk: 6.6
55041
16.4 mi
Pop: 7,532
$83,673
Walk: 11.1
55992
16.4 mi
Pop: 5,547
$103,144
Walk: 6.9
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