ZIP 55089 — Business Opportunities

Top business opportunities in 55089

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

1. 1. Jewelry & Accessories 100/100
   ~0.2 businesses underserved · confidence: low
2. 2. Furniture & Home Decor 99/100
   ~0.2 businesses underserved · confidence: low
3. 3. Gas Stations 93/100
   ~0.9 businesses underserved · confidence: low
4. 4. Parking 83/100
   ~0.5 businesses underserved · confidence: low
5. 5. Bicycle Parking 83/100
   ~0.3 businesses underserved · confidence: low
6. 6. Parking Entrance 83/100
   ~0.2 businesses underserved · confidence: low
7. 7. Electronics Repair 82/100
   ~0.1 businesses underserved · confidence: low
8. 8. Auto Repair 79/100
   ~0.5 businesses underserved · confidence: low
9. 9. Auto Parts 79/100
   ~0.2 businesses underserved · confidence: low
10. 10. Auto Sales 79/100
    ~0.4 businesses underserved · confidence: low

What's already here — existing business mix

The most common business categories currently operating in ZIP 55089.

• Restaurants — 1 businesses
• Townhall — 1 businesses
• Bars & Nightlife — 1 businesses
• Religious — 1 businesses
• Hotels & Lodging — 1 businesses
• Rental — 1 businesses
• Repair — 1 businesses
• Sports Centre — 0 businesses
• Park — 0 businesses
• Information — 0 businesses
• Marina — 0 businesses
• Viewpoint — 0 businesses
• Alternative — 0 businesses
• Hair Salons — 0 businesses
• Medical & Healthcare — 0 businesses

Full demographic profile

Population	1,753
Households	633
Median household income	$94,511
Per capita income	$45,245
Median age	44.5
% bachelor's degree or higher	26.769%
% age 18–34	16.372%
% age 65+	14.489%
% renter-occupied	7.615%
Median home value	$338,100
Median gross rent	$1,375
Unemployment rate	2.709%

Nearby ZIPs in MN

55088 Webster · 55090 Willernie · 55087 Warsaw · 55092 Wyoming · 55085 Vermillion · 55084 Taylors Falls