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ZIP 55420 — Business Opportunities

Minneapolis, MN · Local economy intelligence
Population
23,433
Median income
$73,527
Median age
39.3
Households
9,120

Top business opportunities in 55420

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
    ~3.4 businesses underserved · confidence: high
  2. 2. Bars & Nightlife 61/100
    ~6.4 businesses underserved · confidence: high
  3. 3. Fitness Centre 52/100
    ~2.6 businesses underserved · confidence: high
  4. 4. Dancing School 50/100
    ~1.3 businesses underserved · confidence: high
  5. 5. Music School 49/100
    ~1.2 businesses underserved · confidence: low
  6. 6. Toys & Games 49/100
    ~1.1 businesses underserved · confidence: low
  7. 7. Childcare 48/100
    ~2.1 businesses underserved · confidence: high
  8. 8. Sports Centre 48/100
    ~2.3 businesses underserved · confidence: high
  9. 9. Marina 48/100
    ~3.1 businesses underserved · confidence: high
  10. 10. Viewpoint 48/100
    ~4.2 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 55420.

Full demographic profile

Population23,433
Households9,120
Median household income$73,527
Per capita income$36,415
Median age39.3
% bachelor's degree or higher30.773%
% age 18–3418.721%
% age 65+12.444%
% renter-occupied31.987%
Median home value$284,300
Median gross rent$1,223
Unemployment rate5.262%

Nearby ZIPs in MN

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

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