New Car Dealers Market: ZIP 58005
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 58005 is an urban area. with a population of 779 and household incomes well above the national median ($143,906).
Area Profile
779
Population
$143,906
Median Income
+93% vs. national
Urban
Area Type
Median Age: 38.4 —
mixed-age market, broad menu appeal.
College-Educated: 31.6% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,050
2BR Fair Market Rent
$370 K
Median Home Value
Tips for Starting a Ev Vs Gas Business in North 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 $143,906. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
+93% vs. $74,580
Nearby Markets
58042
5.6 mi
Pop: 1,391
$141,500
58036
7.1 mi
Pop: 302
$98,036
58102
11.8 mi
Pop: 32,591
$56,028
Walk: 11.8
58078
12.8 mi
Pop: 39,946
$97,206
Walk: 13.2
58038
13.6 mi
Pop: 214
$94,000
58105
14.8 mi
Pop: 2,669
$118,636
Walk: 12.6
58103
16.2 mi
Pop: 48,520
$57,699
Walk: 14.5
56546
16.3 mi
Pop: 222
$82,917
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