ZIP 55116 — Business Opportunities

Top business opportunities in 55116

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

1. 1. Laundromats 100/100
   ~4.8 businesses underserved · confidence: high
2. 2. Bars & Nightlife 50/100
   ~7.3 businesses underserved · confidence: high
3. 3. Wine 34/100
   ~1.9 businesses underserved · confidence: high
4. 4. Marina 34/100
   ~3.5 businesses underserved · confidence: high
5. 5. Police 34/100
   ~6.9 businesses underserved · confidence: high
6. 6. Townhall 34/100
   ~6.2 businesses underserved · confidence: high
7. 7. Post Box 34/100
   ~2.4 businesses underserved · confidence: high
8. 8. Confectionery 34/100
   ~2.4 businesses underserved · confidence: high
9. 9. Electrician 34/100
   ~3.2 businesses underserved · confidence: high
10. 10. Hvac 34/100
    ~1.3 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 55116.

• Restaurants — 21 businesses
• Fast Food — 14 businesses
• Park — 10 businesses
• Hair Salons — 9 businesses
• Schools — 9 businesses
• Banking & Finance — 8 businesses
• Cafes & Coffee Shops — 7 businesses
• Fitness Centre — 6 businesses
• Religious — 5 businesses
• Alcohol — 5 businesses
• Clothing & Apparel — 5 businesses
• Medical & Healthcare — 4 businesses
• Other — 4 businesses
• Childcare — 4 businesses
• Mobile Phone — 4 businesses

Full demographic profile

Population	26,595
Households	12,209
Median household income	$75,683
Per capita income	$54,979
Median age	39.8
% bachelor's degree or higher	58.52%
% age 18–34	20.79%
% age 65+	14.315%
% renter-occupied	47.37%
Median home value	$378,200
Median gross rent	$1,159
Unemployment rate	4.206%

Nearby ZIPs in MN

55113 Saint Paul · 55112 Saint Paul · 55111 Saint Paul · 55110 Saint Paul · 55109 Saint Paul · 55108 Saint Paul