ZIP 50511 — Business Opportunities

Top business opportunities in 50511

The highest-scored business categories to consider opening in Algona, IA, based on demand (population, income, demographic fit) versus existing supply.

1. 1. Laundromats 100/100
   ~0.6 businesses underserved · confidence: medium
2. 2. Medical & Healthcare 68/100
   ~1.2 businesses underserved · confidence: medium
3. 3. Convenience Stores 64/100
   ~2.3 businesses underserved · confidence: medium
4. 4. Parking 62/100
   ~2.3 businesses underserved · confidence: medium
5. 5. Bicycle Parking 62/100
   ~2.4 businesses underserved · confidence: medium
6. 6. Bench 60/100
   ~3.0 businesses underserved · confidence: medium
7. 7. Miniature Golf 60/100
   ~1.5 businesses underserved · confidence: medium
8. 8. Bus Station 60/100
   ~1.7 businesses underserved · confidence: medium
9. 9. Marketplace 60/100
   ~1.9 businesses underserved · confidence: medium
10. 10. Hifi 60/100
    ~0.4 businesses underserved · confidence: medium

What's already here — existing business mix

The most common business categories currently operating in ZIP 50511.

• Religious — 13 businesses
• Schools — 7 businesses
• Park — 5 businesses
• Nature Reserve — 4 businesses
• Fast Food — 3 businesses
• Legal Services — 3 businesses
• Nursing Home — 2 businesses
• Doctors — 2 businesses
• Government Services — 2 businesses
• Police — 2 businesses
• Townhall — 2 businesses
• Golf Course — 2 businesses
• Alternative — 2 businesses
• Museum — 2 businesses
• Prison — 1 businesses

Full demographic profile

Population	7,041
Households	3,178
Median household income	$58,664
Per capita income	$35,663
Median age	46.5
% bachelor's degree or higher	23.582%
% age 18–34	14.955%
% age 65+	16.858%
% renter-occupied	29.013%
Median home value	$161,400
Median gross rent	$871
Unemployment rate	5.146%

Nearby ZIPs in IA

50560 Lu Verne · 50562 Mallard · 50327 Pleasant Hill · 50325 Clive · 50324 Windsor Heights · 50323 Urbandale