New Car Dealers Market: ZIP 55082
Opportunity Score
80
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55082 is an urban area with low foot traffic. with a population of 36,414 and household incomes well above the national median ($117,538).
Area Profile
36,414
Population
$117,538
Median Income
+58% vs. national
Urban
Area Type
8.7/20
Foot Traffic
Car-Dependent
Median Age: 44.8 —
older demographic, may prefer sit-down options.
College-Educated: 37.5% —
balanced market for quality & value.
Competition
New Car Dealers and related businesses in ZIP 55082.
9
Gas Stations
2.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,640
2BR Fair Market Rent
$1,439
Median Gross Rent
$460 K
Median Home Value
13
Bank Branches
$1.2 M 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.
- The median income here is $117,538. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 9
- Bank Branches
- 13
vs. National Average
Median Income
+58% vs. $74,580
Walkability
-1.8 pts vs. national avg
Nearby Markets
54082
6.3 mi
Pop: 2,026
$130,738
55003
6.3 mi
Pop: 3,948
$115,781
Walk: 2.3
55042
6.9 mi
Pop: 13,156
$154,779
Walk: 7.1
55115
7.5 mi
Pop: 8,926
$132,796
Walk: 7.0
55090
8.2 mi
Pop: 377
$80,179
55047
8.8 mi
Pop: 2,230
$100,357
55128
10.3 mi
Pop: 28,945
$89,642
Walk: 10.2
55043
10.5 mi
Pop: 3,471
$101,754
Walk: 8.3
Check Another Market
Or estimate costs with the EVGasCompare calculator.
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