New Car Dealers Market: ZIP 55301
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55301 is an urban area. with a population of 13,485 and household incomes well above the national median ($131,157).
Area Profile
13,485
Population
$131,157
Median Income
+76% vs. national
Urban
Area Type
Median Age: 33.7 —
mixed-age market, broad menu appeal.
College-Educated: 27.6% —
balanced market for quality & value.
Competition
New Car Dealers and related businesses in ZIP 55301.
6
Gas Stations
4.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,850
2BR Fair Market Rent
$1,458
Median Gross Rent
$320 K
Median Home Value
2
Bank Branches
$94 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.
- The median income here is $131,157. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 6
- Bank Branches
- 2
vs. National Average
Median Income
+76% vs. $74,580
Nearby Markets
55376
2.8 mi
Pop: 19,317
$130,917
Walk: 3.2
55341
6.0 mi
Pop: 3,454
$147,903
55374
7.6 mi
Pop: 15,812
$152,239
Walk: 5.1
55330
8.9 mi
Pop: 45,080
$111,481
Walk: 6.2
55357
9.7 mi
Pop: 3,704
$147,256
55309
10.5 mi
Pop: 21,406
$118,387
55373
11.6 mi
Pop: 5,725
$95,273
Walk: 6.0
55340
13.0 mi
Pop: 9,776
$174,120
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