New Car Dealers Market: ZIP 55427
Opportunity Score
79
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55427 is an urban area with moderate foot traffic. with a population of 24,667 and household incomes above the national median ($92,013).
Area Profile
24,667
Population
$92,013
Median Income
+23% vs. national
Urban
Area Type
13.2/20
Foot Traffic
Walkable
Median Age: 40.7 —
older demographic, may prefer sit-down options.
College-Educated: 36.1% —
balanced market for quality & value.
Competition
New Car Dealers and related businesses in ZIP 55427.
5
Gas Stations
2.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,710
2BR Fair Market Rent
$1,443
Median Gross Rent
$340 K
Median Home Value
3
Bank Branches
$790 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
- Related Businesses
- 5
- Bank Branches
- 3
vs. National Average
Median Income
+23% vs. $74,580
Walkability
+2.7 pts vs. national avg
Nearby Markets
55422
2.8 mi
Pop: 28,765
$91,173
Walk: 12.8
55426
3.3 mi
Pop: 25,451
$96,887
Walk: 13.5
55441
3.4 mi
Pop: 18,242
$100,288
Walk: 9.6
55428
4.1 mi
Pop: 32,679
$69,004
Walk: 13.7
55442
4.5 mi
Pop: 13,197
$121,714
Walk: 10.8
55305
4.6 mi
Pop: 21,274
$106,480
Walk: 10.7
55416
4.7 mi
Pop: 34,905
$105,926
Walk: 15.0
55429
4.9 mi
Pop: 27,570
$66,661
Walk: 12.6
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