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Showing results for ZIP 56375 (MN)
Home ZIP 64060

New Car Dealers Market: ZIP 64060

Opportunity Score
94 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 64060 is an urban area. with a population of 16,291 and household incomes well above the national median ($107,626).

Area Profile

16,291
Population
$107,626
Median Income
+44% vs. national
Urban
Area Type
Median Age: 43.6 — older demographic, may prefer sit-down options.
College-Educated: 27.9% — balanced market for quality & value.

Competition

New Car Dealers and related businesses in ZIP 64060.

3
Gas Stations
1.8 per 10K residents

Operating Costs

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

$1,380
2BR Fair Market Rent
$1,096
Median Gross Rent
$320 K
Median Home Value
6
Bank Branches
$480 K deposits

Tips for Starting a Ev Vs Gas Business in Missouri

  • 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 $107,626. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

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