New Car Dealers Market: ZIP 55413
Opportunity Score
81
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55413 is an urban area with high foot traffic. with a population of 14,328 and household incomes above the national median ($84,252).
Area Profile
14,328
Population
$84,252
Median Income
+13% vs. national
Urban
Area Type
16.5/20
Foot Traffic
Very Walkable
Median Age: 35.1 —
mixed-age market, broad menu appeal.
College-Educated: 47.1% —
strong appetite for artisan/specialty food.
Competition
New Car Dealers and related businesses in ZIP 55413.
4
Gas Stations
2.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,740
2BR Fair Market Rent
$1,497
Median Gross Rent
$350 K
Median Home Value
3
Bank Branches
$460 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
- Urban
- Foot Traffic
- Very Walkable
- Related Businesses
- 4
- Bank Branches
- 3
vs. National Average
Median Income
+13% vs. $74,580
Walkability
+6.0 pts vs. national avg
Nearby Markets
55455
1.6 mi
Pop: 5,243
Walk: 14.7
55418
1.6 mi
Pop: 31,295
$95,630
Walk: 15.5
55454
1.7 mi
Pop: 8,628
$26,429
55415
1.9 mi
Pop: 6,474
$126,480
Walk: 15.7
55414
2.0 mi
Pop: 33,739
$47,004
Walk: 16.8
55401
2.0 mi
Pop: 11,526
$115,651
55402
2.4 mi
Pop: 760
$69,808
55404
2.8 mi
Pop: 28,071
$43,932
Walk: 15.7
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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