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Showing results for ZIP 55779 (MN)
Home ZIP 58424

New Car Dealers Market: ZIP 58424

Opportunity Score
30 / 100 Challenging
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 58424 is an suburban area. with a population of 390 and household incomes above the national median ($76,250).

Area Profile

390
Population
$76,250
Median Income
+2% vs. national
Suburban
Area Type
Median Age: 26.9 — young market, strong street food demand.
College-Educated: 11.3% — value-focused market, keep prices competitive.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$930
2BR Fair Market Rent
$871
Median Gross Rent
$290 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.

Quick Facts

Area Type
Suburban

vs. National Average

Median Income
+2% vs. $74,580

Check Another Market

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Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits