ZIP 55706 — Business Opportunities

Top business opportunities in 55706

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

1. 1. Pharmacies 100/100
   ~0.2 businesses underserved · confidence: low
2. 2. Hospitals 94/100
   ~0.3 businesses underserved · confidence: low
3. 3. Medical & Healthcare 83/100
   ~0.2 businesses underserved · confidence: low
4. 4. Dental 77/100
   ~0.2 businesses underserved · confidence: low
5. 5. Bicycle Parking 76/100
   ~0.2 businesses underserved · confidence: low
6. 6. Parking 76/100
   ~0.4 businesses underserved · confidence: low
7. 7. Parking Entrance 76/100
   ~0.2 businesses underserved · confidence: low
8. 8. Accounting & Finance 72/100
   ~0.2 businesses underserved · confidence: low
9. 9. Florist 72/100
   ~0.2 businesses underserved · confidence: low
10. 10. Recycling 72/100
    ~0.1 businesses underserved · confidence: low

What's already here — existing business mix

The most common business categories currently operating in ZIP 55706.

• Religious — 6 businesses
• Park — 3 businesses
• Pitch — 2 businesses
• Restaurants — 2 businesses
• Other — 2 businesses
• Convenience Stores — 2 businesses
• Golf Course — 2 businesses
• Marina — 1 businesses
• Gas Stations — 1 businesses
• Police — 1 businesses
• Townhall — 1 businesses
• Bars & Nightlife — 1 businesses
• Fire Station — 1 businesses
• Libraries — 1 businesses
• Hotels & Lodging — 1 businesses

Full demographic profile

Population	1,716
Households	814
Median household income	$56,250
Per capita income	$33,114
Median age	55.6
% bachelor's degree or higher	19.855%
% age 18–34	15.268%
% age 65+	19.172%
% renter-occupied	10.48%
Median home value	$94,300
Median gross rent	$684
Unemployment rate	3.529%

Nearby ZIPs in MN

55803 Duluth · 55804 Duluth · 55805 Duluth · 55806 Duluth · 55807 Duluth · 55808 Duluth