New Car Dealers Market: ZIP 55450
Opportunity Score
30
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55450 is an urban area with moderate foot traffic.
Area Profile
0
Population
Urban
Area Type
11.9/20
Foot Traffic
Walkable
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,460
2BR Fair Market Rent
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
vs. National Average
Walkability
+1.4 pts vs. national avg
Nearby Markets
55425
1.5 mi
Pop: 10,562
$68,517
Walk: 12.0
55417
2.4 mi
Pop: 25,677
$122,639
Walk: 14.1
55111
3.0 mi
Pop: 100
55423
3.6 mi
Pop: 36,779
$84,102
Walk: 14.4
55420
4.2 mi
Pop: 24,008
$77,539
Walk: 14.1
55407
4.6 mi
Pop: 36,992
$78,206
Walk: 14.5
55406
4.6 mi
Pop: 35,863
$91,865
Walk: 15.4
55419
4.7 mi
Pop: 29,728
$143,254
Walk: 14.4
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