ZIP 55316 — Business Opportunities

Top business opportunities in 55316

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

1. 1. Furniture & Home Decor 100/100
   ~3.4 businesses underserved · confidence: high
2. 2. Jewelry & Accessories 90/100
   ~2.1 businesses underserved · confidence: high
3. 3. Electronics Repair 89/100
   ~1.9 businesses underserved · confidence: high
4. 4. Electronics 56/100
   ~0.7 businesses underserved · confidence: high
5. 5. Grocery 56/100
   ~2.3 businesses underserved · confidence: high
6. 6. Dancing School 50/100
   ~1.3 businesses underserved · confidence: high
7. 7. Music School 49/100
   ~1.2 businesses underserved · confidence: low
8. 8. Toys & Games 48/100
   ~1.2 businesses underserved · confidence: low
9. 9. Auto Repair 45/100
   ~4.9 businesses underserved · confidence: high
10. 10. Auto Sales 45/100
    ~4.3 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 55316.

• Park — 35 businesses
• Restaurants — 28 businesses
• Fast Food — 20 businesses
• Cafes & Coffee Shops — 13 businesses
• Banking & Finance — 10 businesses
• Bars & Nightlife — 8 businesses
• Hair Salons — 7 businesses
• Parking — 7 businesses
• Gas Stations — 6 businesses
• Schools — 6 businesses
• Medical & Healthcare — 5 businesses
• Pharmacies — 5 businesses
• Grocery & Supermarkets — 5 businesses
• Religious — 4 businesses
• Social Facility — 4 businesses

Full demographic profile

Population	23,666
Households	8,647
Median household income	$113,570
Per capita income	$48,641
Median age	41.3
% bachelor's degree or higher	36.363%
% age 18–34	15.795%
% age 65+	9.841%
% renter-occupied	10.144%
Median home value	$320,100
Median gross rent	$1,478
Unemployment rate	2.942%

Nearby ZIPs in MN

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