EVGasCompare
Showing results for ZIP 56651 (MN)
Home ZIP 91931

New Car Dealers Market: ZIP 91931

Opportunity Score
23 / 100 Challenging
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 91931 is an urban area with low foot traffic. with a population of 735 and household incomes below the national median ($49,808).

Area Profile

735
Population
$49,808
Median Income
-33% vs. national
Urban
Area Type
5.1/20
Foot Traffic
Very Car-Dependent
Median Age: 40.0 — older demographic, may prefer sit-down options.
College-Educated: 14.8% — value-focused market, keep prices competitive.

Operating Costs

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

$3,290
2BR Fair Market Rent

Tips for Starting a Ev Vs Gas Business in California

  • 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