New Car Dealers Market: ZIP 55358
Opportunity Score
86
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55358 is an rural area. with a population of 5,266 and household incomes above the national median ($94,911).
Area Profile
5,266
Population
$94,911
Median Income
+27% vs. national
Rural
Area Type
Median Age: 39.9 —
mixed-age market, broad menu appeal.
College-Educated: 16.7% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 55358.
4
Gas Stations
7.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,460
2BR Fair Market Rent
$1,048
Median Gross Rent
$300 K
Median Home Value
1
Bank Branches
$110 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.
- This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.
Quick Facts
- Area Type
- Rural
- Related Businesses
- 4
- Bank Branches
- 1
vs. National Average
Median Income
+27% vs. $74,580
Nearby Markets
55302
8.3 mi
Pop: 7,348
$78,194
55362
11.0 mi
Pop: 20,125
$92,870
Walk: 7.7
55313
11.4 mi
Pop: 24,862
$93,471
Walk: 9.9
55320
12.1 mi
Pop: 5,676
$109,242
55390
12.3 mi
Pop: 3,179
$107,500
55349
13.7 mi
Pop: 3,555
$100,054
Walk: 6.9
55382
14.4 mi
Pop: 3,640
$95,673
Walk: 4.6
55363
15.3 mi
Pop: 5,664
$98,287
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