ZIP 55401 — Business Opportunities

Minneapolis, MN · Local economy intelligence

Population

11,510

Median income

$118,188

Median age

35.2

Households

7,941

Top business opportunities in 55401

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

1. Laundromats 100/100
~2.1 businesses underserved · confidence: high
2. Jewelry & Accessories 92/100
~1.6 businesses underserved · confidence: high
3. Clothing & Apparel 82/100
~2.7 businesses underserved · confidence: high
4. Electronics Repair 71/100
~0.9 businesses underserved · confidence: high
5. Convenience Stores 69/100
~4.9 businesses underserved · confidence: high
6. Electronics 69/100
~0.9 businesses underserved · confidence: low
7. Veterinary 65/100
~1.3 businesses underserved · confidence: high
8. Grocery 42/100
~1.1 businesses underserved · confidence: high
9. Bars & Nightlife 36/100
~3.3 businesses underserved · confidence: high
10. Cafes & Coffee Shops 34/100
~2.5 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 55401.

Restaurants — 8 businesses
Park — 4 businesses
Parking — 4 businesses
Property Management — 3 businesses
Hotels & Lodging — 3 businesses
Company — 3 businesses
Bars & Nightlife — 2 businesses
Fitness Centre — 2 businesses
Cafes & Coffee Shops — 2 businesses
Beauty & Nail Salons — 2 businesses
Banking & Finance — 2 businesses
Bicycle Parking — 2 businesses
Parking Entrance — 2 businesses
Opticians — 1 businesses
Information — 1 businesses

Full demographic profile

Population	11,510
Households	7,941
Median household income	$118,188
Per capita income	$111,370
Median age	35.2
% bachelor's degree or higher	78.185%
% age 18–34	43.241%
% age 65+	8.749%
% renter-occupied	62.885%
Median home value	$389,600
Median gross rent	$1,950
Unemployment rate	1.498%

Nearby ZIPs in MN

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

Ask the AI Advisor

Get a 1-to-10 rating with data-backed reasoning for any business idea you'd open in 55401. "What if I opened a coffee shop here?" → real answer in 5 seconds.

Open advisor on the map →