New Car Dealers Market: ZIP 56328
Opportunity Score
44
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 56328 is an rural area. with a population of 161 and household incomes well above the national median ($104,464).
Area Profile
161
Population
$104,464
Median Income
+40% vs. national
Rural
Area Type
Median Age: 57.8 —
older demographic, may prefer sit-down options.
College-Educated: 5.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$970
2BR Fair Market Rent
$625
Median Gross Rent
$180 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.
- The median income here is $104,464. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Rural
vs. National Average
Median Income
+40% vs. $74,580
Nearby Markets
56382
6.1 mi
Pop: 1,360
$76,250
Walk: 2.9
56475
9.0 mi
Pop: 1,674
$60,481
Walk: 4.9
56345
10.3 mi
Pop: 15,105
$57,399
Walk: 8.7
56384
10.3 mi
Pop: 280
$56,250
Walk: 4.9
56314
11.3 mi
Pop: 1,355
$87,500
56318
12.6 mi
Pop: 1,130
$77,875
56340
14.7 mi
Pop: 2,433
$89,211
Walk: 4.1
56336
18.9 mi
Pop: 1,530
$80,804
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