New Car Dealers Market: ZIP 55810
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55810 is an urban area with low foot traffic. with a population of 8,305 and household incomes above the national median ($81,894).
Area Profile
8,305
Population
$81,894
Median Income
+10% vs. national
Urban
Area Type
9.9/20
Foot Traffic
Very Car-Dependent
Median Age: 44.2 —
older demographic, may prefer sit-down options.
College-Educated: 20.1% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 55810.
5
Gas Stations
6.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,150
2BR Fair Market Rent
$1,102
Median Gross Rent
$220 K
Median Home Value
2
Bank Branches
$28 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
- 5
- Bank Branches
- 2
vs. National Average
Median Income
+10% vs. $74,580
Walkability
-0.6 pts vs. national avg
Nearby Markets
55808
5.8 mi
Pop: 5,325
$59,808
Walk: 11.6
55811
6.5 mi
Pop: 27,907
$77,877
Walk: 11.2
55733
7.0 mi
Pop: 5,180
$115,051
55807
7.2 mi
Pop: 9,573
$63,670
Walk: 14.9
55814
7.4 mi
Pop: 311
55806
9.8 mi
Pop: 9,545
$44,962
Walk: 13.5
55805
12.6 mi
Pop: 10,277
$43,077
Walk: 14.2
55802
12.9 mi
Pop: 2,560
$40,850
Walk: 12.5
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