ZIP 55016 — Business Opportunities

Top business opportunities in 55016

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

1. 1. Jewelry & Accessories 100/100
   ~5.4 businesses underserved · confidence: high
2. 2. Furniture & Home Decor 85/100
   ~5.7 businesses underserved · confidence: high
3. 3. Electronics Repair 78/100
   ~3.2 businesses underserved · confidence: high
4. 4. Electronics 75/100
   ~3.0 businesses underserved · confidence: low
5. 5. Clothing & Apparel 72/100
   ~9.6 businesses underserved · confidence: high
6. 6. Dancing School 58/100
   ~2.8 businesses underserved · confidence: high
7. 7. Toys & Games 57/100
   ~2.5 businesses underserved · confidence: low
8. 8. Driving School 51/100
   ~2.1 businesses underserved · confidence: low
9. 9. Bars & Nightlife 50/100
   ~11.0 businesses underserved · confidence: high
10. 10. Grocery 46/100
    ~3.9 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 55016.

• Park — 15 businesses
• Fast Food — 15 businesses
• Restaurants — 14 businesses
• Dental — 11 businesses
• Religious — 10 businesses
• Hair Salons — 8 businesses
• Beauty & Nail Salons — 7 businesses
• Auto Repair — 6 businesses
• Gas Stations — 5 businesses
• Fitness Centre — 5 businesses
• Cafes & Coffee Shops — 5 businesses
• Insurance — 5 businesses
• Banking & Finance — 5 businesses
• Alternative — 4 businesses
• Medical & Healthcare — 4 businesses

Full demographic profile

Population	38,842
Households	13,058
Median household income	$117,255
Per capita income	$44,991
Median age	36.8
% bachelor's degree or higher	38.356%
% age 18–34	17.095%
% age 65+	8.738%
% renter-occupied	11.576%
Median home value	$335,900
Median gross rent	$1,604
Unemployment rate	2.751%

Nearby ZIPs in MN

55017 Dalbo · 55014 Circle Pines · 55018 Dennison · 55013 Chisago City · 55019 Dundas · 55012 Center City