New Car Dealers Market: ZIP 58831
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 58831 is an rural area. with a population of 1,100 and household incomes well above the national median ($133,750).
Area Profile
1,100
Population
$133,750
Median Income
+79% vs. national
Rural
Area Type
Median Age: 39.1 —
mixed-age market, broad menu appeal.
College-Educated: 9.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,280
2BR Fair Market Rent
$1,396
Median Gross Rent
$380 K
Median Home Value
1
Bank Branches
$37 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.
- The median income here is $133,750. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Rural
- Bank Branches
- 1
vs. National Average
Median Income
+79% vs. $74,580
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