ZIP 55340 — Business Opportunities

Top business opportunities in 55340

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

1. 1. Furniture & Home Decor 100/100
   ~1.6 businesses underserved · confidence: medium
2. 2. Jewelry & Accessories 100/100
   ~1.4 businesses underserved · confidence: medium
3. 3. Childcare 100/100
   ~1.6 businesses underserved · confidence: medium
4. 4. Clothing & Apparel 100/100
   ~3.0 businesses underserved · confidence: medium
5. 5. Veterinary 100/100
   ~1.3 businesses underserved · confidence: medium
6. 6. Electronics Repair 100/100
   ~0.9 businesses underserved · confidence: medium
7. 7. Electronics 96/100
   ~0.9 businesses underserved · confidence: low
8. 8. Restaurants 93/100
   ~8.8 businesses underserved · confidence: medium
9. 9. Fitness Centre 84/100
   ~1.8 businesses underserved · confidence: medium
10. 10. Schools 74/100
    ~3.7 businesses underserved · confidence: medium

What's already here — existing business mix

The most common business categories currently operating in ZIP 55340.

• Golf Course — 2 businesses
• Townhall — 1 businesses
• Bars & Nightlife — 1 businesses
• Fast Food — 1 businesses
• Company — 1 businesses
• Opticians — 1 businesses
• Construction Company — 1 businesses
• Sports Centre — 0 businesses
• Park — 0 businesses
• Information — 0 businesses
• Marina — 0 businesses
• Viewpoint — 0 businesses
• Restaurants — 0 businesses
• Alternative — 0 businesses
• Hair Salons — 0 businesses

Full demographic profile

Population	9,414
Households	3,236
Median household income	$169,762
Per capita income	$78,857
Median age	38.3
% bachelor's degree or higher	60.049%
% age 18–34	11.547%
% age 65+	7.829%
% renter-occupied	7.905%
Median home value	$596,300
Median gross rent	$1,290
Unemployment rate	2.222%

Nearby ZIPs in MN

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