ZIP 55124 — Business Opportunities

Saint Paul, MN · Local economy intelligence

Population

55,594

Median income

$97,588

Median age

37.6

Households

21,311

Top business opportunities in 55124

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

1. Jewelry & Accessories 100/100
~5.9 businesses underserved · confidence: high
2. Furniture & Home Decor 88/100
~6.4 businesses underserved · confidence: high
3. Electronics Repair 86/100
~3.7 businesses underserved · confidence: high
4. Dancing School 81/100
~3.7 businesses underserved · confidence: high
5. Music School 80/100
~3.4 businesses underserved · confidence: low
6. Bars & Nightlife 76/100
~15.1 businesses underserved · confidence: high
7. Driving School 71/100
~2.8 businesses underserved · confidence: low
8. Prep School 70/100
~2.6 businesses underserved · confidence: low
9. Electronics 69/100
~2.4 businesses underserved · confidence: high
10. Laundromats 69/100
~5.8 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 55124.

Restaurants — 40 businesses
Park — 36 businesses
Fast Food — 26 businesses
Pitch — 23 businesses
Banking & Finance — 14 businesses
Gas Stations — 13 businesses
Convenience Stores — 13 businesses
Auto Repair — 12 businesses
Cafes & Coffee Shops — 11 businesses
Grocery & Supermarkets — 11 businesses
Schools — 10 businesses
Car Wash — 7 businesses
Parking — 6 businesses
Hair Salons — 5 businesses
Medical & Healthcare — 4 businesses

Full demographic profile

Population	55,594
Households	21,311
Median household income	$97,588
Per capita income	$47,738
Median age	37.6
% bachelor's degree or higher	45.847%
% age 18–34	18.434%
% age 65+	11.348%
% renter-occupied	23.91%
Median home value	$333,300
Median gross rent	$1,607
Unemployment rate	4.231%

Nearby ZIPs in MN

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

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