ZIP 56031 — Business Opportunities

Top business opportunities in 56031

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

1. 1. Laundromats 100/100
   ~1.6 businesses underserved · confidence: medium
2. 2. Convenience Stores 81/100
   ~4.1 businesses underserved · confidence: medium
3. 3. Parking 77/100
   ~3.4 businesses underserved · confidence: medium
4. 4. Bicycle Parking 77/100
   ~1.7 businesses underserved · confidence: medium
5. 5. Parking Entrance 77/100
   ~1.5 businesses underserved · confidence: medium
6. 6. Auto Parts 74/100
   ~1.4 businesses underserved · confidence: medium
7. 7. Auto Sales 74/100
   ~2.6 businesses underserved · confidence: medium
8. 8. Gas Stations 73/100
   ~4.8 businesses underserved · confidence: medium
9. 9. Auto Repair 60/100
   ~2.0 businesses underserved · confidence: medium
10. 10. Medical & Healthcare 56/100
    ~1.3 businesses underserved · confidence: medium

What's already here — existing business mix

The most common business categories currently operating in ZIP 56031.

• Park — 21 businesses
• Hotels & Lodging — 6 businesses
• Fast Food — 4 businesses
• Restaurants — 3 businesses
• Religious — 3 businesses
• Playground — 2 businesses
• Auto Repair — 1 businesses
• Gas Stations — 1 businesses
• Townhall — 1 businesses
• Schools — 1 businesses
• Cafes & Coffee Shops — 1 businesses
• Fire Station — 1 businesses
• Libraries — 1 businesses
• Courthouse — 1 businesses
• Banking & Finance — 1 businesses

Full demographic profile

Population	11,861
Households	5,357
Median household income	$58,647
Per capita income	$36,110
Median age	46.2
% bachelor's degree or higher	25.221%
% age 18–34	14.94%
% age 65+	15.437%
% renter-occupied	29.753%
Median home value	$163,100
Median gross rent	$749
Unemployment rate	5.061%

Nearby ZIPs in MN

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