New Car Dealers Market: ZIP 55443
Opportunity Score
71
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55443 is an urban area with low foot traffic. with a population of 33,318 and household incomes above the national median ($88,220).
Area Profile
33,318
Population
$88,220
Median Income
+18% vs. national
Urban
Area Type
9.4/20
Foot Traffic
Very Car-Dependent
Median Age: 37.2 —
mixed-age market, broad menu appeal.
College-Educated: 23.8% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 55443.
7
Gas Stations
2.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,600
2BR Fair Market Rent
$1,306
Median Gross Rent
$350 K
Median Home Value
2
Bank Branches
$330 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 Car-Dependent
- Related Businesses
- 7
- Bank Branches
- 2
vs. National Average
Median Income
+18% vs. $74,580
Walkability
-1.1 pts vs. national avg
Nearby Markets
55444
2.6 mi
Pop: 17,428
$114,545
Walk: 10.9
55445
2.8 mi
Pop: 13,538
$103,227
Walk: 12.3
55433
3.3 mi
Pop: 34,423
$80,213
Walk: 11.6
55429
3.9 mi
Pop: 27,570
$66,661
Walk: 12.6
55430
4.8 mi
Pop: 22,569
$77,385
Walk: 14.3
55428
4.9 mi
Pop: 32,679
$69,004
Walk: 13.7
55316
5.0 mi
Pop: 23,450
$115,719
Walk: 11.4
55448
5.8 mi
Pop: 28,925
$95,610
Walk: 8.7
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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