ZIP 55118 — Business Opportunities

Top business opportunities in 55118

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
   ~2.6 businesses underserved · confidence: high
2. 2. Clothing & Apparel 90/100
   ~5.3 businesses underserved · confidence: high
3. 3. Jewelry & Accessories 89/100
   ~2.4 businesses underserved · confidence: high
4. 4. Electronics Repair 84/100
   ~1.6 businesses underserved · confidence: high
5. 5. Hospitals 83/100
   ~4.5 businesses underserved · confidence: high
6. 6. Furniture & Home Decor 82/100
   ~2.7 businesses underserved · confidence: high
7. 7. Grocery 77/100
   ~2.5 businesses underserved · confidence: high
8. 8. Information 74/100
   ~4.1 businesses underserved · confidence: high
9. 9. Marina 74/100
   ~3.8 businesses underserved · confidence: high
10. 10. Viewpoint 74/100
    ~5.2 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 55118.

• Restaurants — 20 businesses
• Fast Food — 20 businesses
• Park — 14 businesses
• Auto Sales — 10 businesses
• Banking & Finance — 7 businesses
• Schools — 6 businesses
• Dental — 6 businesses
• Hair Salons — 5 businesses
• Medical & Healthcare — 5 businesses
• Auto Repair — 5 businesses
• Cafes & Coffee Shops — 5 businesses
• Gas Stations — 3 businesses
• Religious — 3 businesses
• Fitness Centre — 3 businesses
• Alcohol — 3 businesses

Full demographic profile

Population	29,026
Households	12,770
Median household income	$82,969
Per capita income	$51,266
Median age	42.0
% bachelor's degree or higher	45.245%
% age 18–34	19.255%
% age 65+	16.616%
% renter-occupied	29.334%
Median home value	$309,200
Median gross rent	$1,229
Unemployment rate	4.017%

Nearby ZIPs in MN

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