New Car Dealers Market: ZIP 57022
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 57022 is an urban area with low foot traffic. with a population of 5,476 and household incomes well above the national median ($100,595).
Area Profile
5,476
Population
$100,595
Median Income
+35% vs. national
Urban
Area Type
7.6/20
Foot Traffic
Car-Dependent
Median Age: 38.2 —
mixed-age market, broad menu appeal.
College-Educated: 24.7% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 57022.
4
Gas Stations
7.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,000
2BR Fair Market Rent
$940
Median Gross Rent
$290 K
Median Home Value
2
Bank Branches
$170 K deposits
Tips for Starting a Ev Vs Gas Business in South Dakota
- 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 $100,595. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 4
- Bank Branches
- 2
vs. National Average
Median Income
+35% vs. $74,580
Walkability
-2.9 pts vs. national avg
Nearby Markets
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