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Showing results for ZIP 55070 (MN)
Home ZIP 55423

New Car Dealers Market: ZIP 55423

Opportunity Score
61 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 55423 is an urban area with moderate foot traffic. with a population of 36,779 and household incomes above the national median ($84,102). There are 3 new car dealers operations in ZIP 55423.

Area Profile

36,779
Population
$84,102
Median Income
+13% vs. national
Urban
Area Type
14.4/20
Foot Traffic
Very Car-Dependent
Median Age: 38.9 — mixed-age market, broad menu appeal.
College-Educated: 32.9% — balanced market for quality & value.

Competition

New Car Dealers and related businesses in ZIP 55423.

3
New Car Dealers
Low competition — room to establish
0.8 per 10K residents
9
Gas Stations
2.4 per 10K residents
What this means: New Car Dealers are 25.0% of the relevant market in ZIP 55423 (3 vs. 9 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,600
2BR Fair Market Rent
$1,334
Median Gross Rent
$320 K
Median Home Value
6
Bank Branches
$740 K deposits

Quick Facts

Area Type
Urban
Foot Traffic
Very Car-Dependent
New Car Dealers
3
Related Businesses
9
Bank Branches
6

vs. National Average

Median Income
+13% vs. $74,580
Walkability
+3.9 pts vs. national avg

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Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits