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Showing results for ZIP 56440 (MN)
Home ZIP 76640

New Car Dealers Market: ZIP 76640

Opportunity Score
54 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 76640 is an urban area. with a population of 2,958 and household incomes near the national median ($61,458).

Area Profile

2,958
Population
$61,458
Median Income
-18% vs. national
Urban
Area Type
Median Age: 36.4 — mixed-age market, broad menu appeal.
College-Educated: 11.5% — value-focused market, keep prices competitive.

Operating Costs

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

$1,210
2BR Fair Market Rent
$965
Median Gross Rent
$180 K
Median Home Value

Tips for Starting a Ev Vs Gas Business in Texas

  • 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.

Data sources

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