ZIP 55920 — Business Opportunities

Top business opportunities in 55920

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

1. 1. Childcare 100/100
   ~1.5 businesses underserved · confidence: medium
2. 2. Jewelry & Accessories 100/100
   ~1.2 businesses underserved · confidence: medium
3. 3. Furniture & Home Decor 85/100
   ~1.3 businesses underserved · confidence: medium
4. 4. Electronics Repair 82/100
   ~0.8 businesses underserved · confidence: medium
5. 5. Electronics 79/100
   ~0.7 businesses underserved · confidence: low
6. 6. Veterinary 74/100
   ~1.0 businesses underserved · confidence: medium
7. 7. Dancing School 68/100
   ~0.7 businesses underserved · confidence: medium
8. 8. Music School 66/100
   ~0.6 businesses underserved · confidence: low
9. 9. Toys & Games 65/100
   ~0.6 businesses underserved · confidence: low
10. 10. Driving School 58/100
    ~0.5 businesses underserved · confidence: low

What's already here — existing business mix

The most common business categories currently operating in ZIP 55920.

• Parking — 34 businesses
• Park — 7 businesses
• Auto Repair — 5 businesses
• Picnic Site — 5 businesses
• Doityourself — 4 businesses
• Religious — 4 businesses
• Schools — 4 businesses
• Shelter — 3 businesses
• Convenience Stores — 2 businesses
• Gas Stations — 2 businesses
• Townhall — 2 businesses
• Fast Food — 2 businesses
• Banking & Finance — 2 businesses
• Auto Sales — 1 businesses
• Variety Store — 1 businesses

Full demographic profile

Population	8,523
Households	3,179
Median household income	$127,566
Per capita income	$53,331
Median age	39.2
% bachelor's degree or higher	48.508%
% age 18–34	15.312%
% age 65+	9.609%
% renter-occupied	14.387%
Median home value	$326,800
Median gross rent	$998
Unemployment rate	3.659%

Nearby ZIPs in MN

55925 Dakota · 55910 Altura · 55811 Duluth · 55810 Duluth · 55808 Duluth · 55807 Duluth