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ZIP 55940 — Business Opportunities

Hayfield, MN · Local economy intelligence
Population
2,818
Median income
$79,310
Median age
38.8
Households
1,120

Top business opportunities in 55940

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

  1. 1. Dancing School 100/100
    ~0.2 businesses underserved · confidence: medium
  2. 2. Music School 98/100
    ~0.2 businesses underserved · confidence: low
  3. 3. Toys & Games 97/100
    ~0.2 businesses underserved · confidence: low
  4. 4. Fitness Centre 95/100
    ~0.3 businesses underserved · confidence: medium
  5. 5. Furniture & Home Decor 95/100
    ~0.3 businesses underserved · confidence: medium
  6. 6. Gas Stations 94/100
    ~1.1 businesses underserved · confidence: medium
  7. 7. Parking 93/100
    ~0.7 businesses underserved · confidence: medium
  8. 8. Bicycle Parking 93/100
    ~0.3 businesses underserved · confidence: medium
  9. 9. Parking Entrance 93/100
    ~0.3 businesses underserved · confidence: medium
  10. 10. Cafes & Coffee Shops 93/100
    ~0.6 businesses underserved · confidence: medium

What's already here — existing business mix

The most common business categories currently operating in ZIP 55940.

Full demographic profile

Population2,818
Households1,120
Median household income$79,310
Per capita income$38,653
Median age38.8
% bachelor's degree or higher25.264%
% age 18–3418.098%
% age 65+12.74%
% renter-occupied21.266%
Median home value$214,800
Median gross rent$993
Unemployment rate1.641%

Nearby ZIPs in MN

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

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