New Car Dealers Market: ZIP 55808
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55808 is an urban area with moderate foot traffic. with a population of 5,325 and household incomes near the national median ($59,808).
Area Profile
5,325
Population
$59,808
Median Income
-20% vs. national
Urban
Area Type
11.6/20
Foot Traffic
Walkable
Median Age: 41.7 —
older demographic, may prefer sit-down options.
College-Educated: 15.3% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 55808.
8
Gas Stations
15.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,130
2BR Fair Market Rent
$933
Median Gross Rent
$160 K
Median Home Value
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
- 8
vs. National Average
Median Income
-20% vs. $74,580
Walkability
+1.1 pts vs. national avg
Nearby Markets
55810
5.8 mi
Pop: 8,305
$81,894
Walk: 9.9
55807
6.2 mi
Pop: 9,573
$63,670
Walk: 14.9
55733
8.9 mi
Pop: 5,180
$115,051
54880
9.7 mi
Pop: 30,211
$66,942
Walk: 13.2
55806
9.8 mi
Pop: 9,545
$44,962
Walk: 13.5
55811
11.1 mi
Pop: 27,907
$77,877
Walk: 11.2
55814
11.1 mi
Pop: 311
55797
11.6 mi
Pop: 1,372
$88,203
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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