ZIP 55416 — Business Opportunities

Top business opportunities in 55416

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

1. 1. Laundromats 100/100
   ~5.8 businesses underserved · confidence: high
2. 2. Electronics Repair 62/100
   ~2.4 businesses underserved · confidence: high
3. 3. Grocery 45/100
   ~3.2 businesses underserved · confidence: high
4. 4. Electronics 44/100
   ~1.2 businesses underserved · confidence: high
5. 5. Bowling Alley 39/100
   ~1.8 businesses underserved · confidence: high
6. 6. Tyres 39/100
   ~1.8 businesses underserved · confidence: high
7. 7. Brewery 39/100
   ~2.1 businesses underserved · confidence: high
8. 8. Variety Store 39/100
   ~4.4 businesses underserved · confidence: high
9. 9. Marina 39/100
   ~4.6 businesses underserved · confidence: high
10. 10. Viewpoint 39/100
    ~6.3 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 55416.

• Restaurants — 35 businesses
• Park — 32 businesses
• Fast Food — 18 businesses
• Beauty & Nail Salons — 17 businesses
• Medical & Healthcare — 14 businesses
• Fitness Centre — 14 businesses
• Hair Salons — 13 businesses
• Clothing & Apparel — 13 businesses
• Religious — 12 businesses
• Company — 12 businesses
• Insurance — 11 businesses
• Auto Repair — 9 businesses
• Dental — 9 businesses
• Schools — 8 businesses
• Banking & Finance — 8 businesses

Full demographic profile

Population	34,715
Households	17,702
Median household income	$99,383
Per capita income	$71,422
Median age	35.3
% bachelor's degree or higher	72.869%
% age 18–34	32.153%
% age 65+	13.233%
% renter-occupied	46.428%
Median home value	$434,600
Median gross rent	$1,623
Unemployment rate	2.799%

Nearby ZIPs in MN

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