New Car Dealers Market: ZIP 58401
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 58401 is an suburban area with low foot traffic. with a population of 17,294 and household incomes near the national median ($59,187).
Area Profile
17,294
Population
$59,187
Median Income
-21% vs. national
Suburban
Area Type
9.3/20
Foot Traffic
Very Car-Dependent
Median Age: 42.1 —
older demographic, may prefer sit-down options.
College-Educated: 17.0% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 58401.
8
Gas Stations
4.6 per 10K residents
3
Used Car Dealers
1.7 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$930
2BR Fair Market Rent
$742
Median Gross Rent
$210 K
Median Home Value
6
Bank Branches
$790 K deposits
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.
Quick Facts
- Area Type
- Suburban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 11
- Bank Branches
- 6
vs. National Average
Median Income
-21% vs. $74,580
Walkability
-1.2 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