ZIP 55021 — Business Opportunities

Top business opportunities in 55021

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

1. 1. Laundromats 100/100
   ~4.0 businesses underserved · confidence: high
2. 2. Bicycle Parking 67/100
   ~3.8 businesses underserved · confidence: high
3. 3. Parking Entrance 67/100
   ~3.3 businesses underserved · confidence: high
4. 4. Dancing School 60/100
   ~1.7 businesses underserved · confidence: high
5. 5. Music School 59/100
   ~1.5 businesses underserved · confidence: low
6. 6. Toys & Games 59/100
   ~1.5 businesses underserved · confidence: low
7. 7. Cafes & Coffee Shops 58/100
   ~6.1 businesses underserved · confidence: high
8. 8. Information 58/100
   ~4.4 businesses underserved · confidence: high
9. 9. Marina 58/100
   ~4.1 businesses underserved · confidence: high
10. 10. Viewpoint 58/100
    ~5.6 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 55021.

• Park — 36 businesses
• Restaurants — 13 businesses
• Religious — 13 businesses
• Fast Food — 11 businesses
• Parking — 11 businesses
• Gas Stations — 9 businesses
• Banking & Finance — 9 businesses
• Pitch — 8 businesses
• Convenience Stores — 7 businesses
• Schools — 6 businesses
• Hotels & Lodging — 6 businesses
• Shelter — 6 businesses
• Auto Parts — 5 businesses
• Grocery & Supermarkets — 4 businesses
• Sports Centre — 3 businesses

Full demographic profile

Population	30,973
Households	11,435
Median household income	$66,742
Per capita income	$34,198
Median age	40.5
% bachelor's degree or higher	20.29%
% age 18–34	18.619%
% age 65+	12.553%
% renter-occupied	27.244%
Median home value	$244,700
Median gross rent	$1,047
Unemployment rate	5.378%

Nearby ZIPs in MN

55020 Elko New Market · 55019 Dundas · 55018 Dennison · 55017 Dalbo · 55016 Cottage Grove · 55014 Circle Pines