ZIP 55305 — Business Opportunities

Top business opportunities in 55305

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

1. 1. Bars & Nightlife 100/100
   ~7.3 businesses underserved · confidence: high
2. 2. Jewelry & Accessories 99/100
   ~2.5 businesses underserved · confidence: high
3. 3. Laundromats 93/100
   ~3.0 businesses underserved · confidence: high
4. 4. Electronics Repair 82/100
   ~1.5 businesses underserved · confidence: high
5. 5. Furniture & Home Decor 68/100
   ~2.3 businesses underserved · confidence: high
6. 6. Grocery 56/100
   ~2.0 businesses underserved · confidence: high
7. 7. Veterinary 54/100
   ~1.1 businesses underserved · confidence: high
8. 8. Dental 52/100
   ~1.9 businesses underserved · confidence: high
9. 9. Hospitals 50/100
   ~3.2 businesses underserved · confidence: high
10. 10. Pharmacies 49/100
    ~1.1 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 55305.

• Park — 14 businesses
• Restaurants — 10 businesses
• Cafes & Coffee Shops — 6 businesses
• Grocery & Supermarkets — 6 businesses
• Hair Salons — 5 businesses
• Banking & Finance — 5 businesses
• Alcohol — 4 businesses
• Beauty & Nail Salons — 4 businesses
• Fast Food — 4 businesses
• Parking — 4 businesses
• Convenience Stores — 4 businesses
• Department Store — 4 businesses
• Gas Stations — 3 businesses
• Post Box — 3 businesses
• Schools — 3 businesses

Full demographic profile

Population	21,256
Households	9,904
Median household income	$104,380
Per capita income	$67,759
Median age	39.5
% bachelor's degree or higher	60.591%
% age 18–34	23.236%
% age 65+	15.807%
% renter-occupied	37.379%
Median home value	$417,400
Median gross rent	$1,723
Unemployment rate	2.516%

Nearby ZIPs in MN

55398 Zimmerman · 55113 Saint Paul · 55112 Saint Paul · 55111 Saint Paul · 55110 Saint Paul · 55109 Saint Paul