New Car Dealers Market: ZIP 55317
Opportunity Score
79
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55317 is an urban area with low foot traffic. with a population of 22,373 and household incomes well above the national median ($133,573).
Area Profile
22,373
Population
$133,573
Median Income
+79% vs. national
Urban
Area Type
7.1/20
Foot Traffic
Car-Dependent
Median Age: 40.1 —
older demographic, may prefer sit-down options.
College-Educated: 43.1% —
strong appetite for artisan/specialty food.
Competition
New Car Dealers and related businesses in ZIP 55317.
5
Gas Stations
2.2 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,100
2BR Fair Market Rent
$1,763
Median Gross Rent
$510 K
Median Home Value
9
Bank Branches
$910 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 $133,573. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 5
- Bank Branches
- 9
vs. National Average
Median Income
+79% vs. $74,580
Walkability
-3.4 pts vs. national avg
Nearby Markets
55346
5.0 mi
Pop: 18,602
$137,125
Walk: 8.4
55331
5.1 mi
Pop: 19,291
$160,029
Walk: 9.5
55345
6.1 mi
Pop: 21,255
$143,287
Walk: 10.2
55347
6.4 mi
Pop: 30,467
$152,850
Walk: 7.5
55318
6.7 mi
Pop: 29,884
$111,781
Walk: 8.8
55391
7.4 mi
Pop: 15,469
$170,115
Walk: 9.9
55384
7.7 mi
Pop: 1,869
$46,860
55386
7.8 mi
Pop: 10,080
$191,279
Walk: 8.1
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