New Car Dealers Market: ZIP 55426
Opportunity Score
74
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55426 is an urban area with moderate foot traffic. with a population of 25,451 and household incomes above the national median ($96,887). There are 13 new car dealers operations in ZIP 55426.
Area Profile
25,451
Population
$96,887
Median Income
+30% vs. national
Urban
Area Type
13.5/20
Foot Traffic
Walkable
Median Age: 36.8 —
mixed-age market, broad menu appeal.
College-Educated: 42.6% —
strong appetite for artisan/specialty food.
Competition
New Car Dealers and related businesses in ZIP 55426.
13
New Car Dealers
Moderate — proven market
5.1 per 10K residents
5
Gas Stations
2.0 per 10K residents
What this means:
New Car Dealers are 72.2% of the relevant market in ZIP 55426 (13 vs. 5 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,750
2BR Fair Market Rent
$1,512
Median Gross Rent
$350 K
Median Home Value
3
Bank Branches
$610 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
- Walkable
- New Car Dealers
- 13
- Related Businesses
- 5
- Bank Branches
- 3
vs. National Average
Median Income
+30% vs. $74,580
Walkability
+3.0 pts vs. national avg
Nearby Markets
55416
2.8 mi
Pop: 34,905
$105,926
Walk: 15.0
55305
3.2 mi
Pop: 21,274
$106,480
Walk: 10.7
55427
3.3 mi
Pop: 24,667
$92,013
Walk: 13.2
55436
3.4 mi
Pop: 14,573
$132,487
Walk: 9.1
55343
3.8 mi
Pop: 26,482
$82,415
Walk: 12.2
55424
4.4 mi
Pop: 10,373
$241,875
Walk: 12.3
55422
4.6 mi
Pop: 28,765
$91,173
Walk: 12.8
55441
4.9 mi
Pop: 18,242
$100,288
Walk: 9.6
Check Another Market
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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