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ZIP 56063 — Business Opportunities

Madison Lake, MN · Local economy intelligence
Population
3,062
Median income
$109,139
Median age
44.3
Households
1,214

Top business opportunities in 56063

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

  1. 1. Jewelry & Accessories 100/100
    ~0.4 businesses underserved · confidence: medium
  2. 2. Childcare 83/100
    ~0.4 businesses underserved · confidence: medium
  3. 3. Electronics Repair 80/100
    ~0.2 businesses underserved · confidence: medium
  4. 4. Electronics 77/100
    ~0.2 businesses underserved · confidence: low
  5. 5. Veterinary 73/100
    ~0.3 businesses underserved · confidence: medium
  6. 6. Furniture & Home Decor 70/100
    ~0.4 businesses underserved · confidence: medium
  7. 7. Pharmacies 65/100
    ~0.3 businesses underserved · confidence: medium
  8. 8. Clothing & Apparel 64/100
    ~0.6 businesses underserved · confidence: medium
  9. 9. Parking 60/100
    ~0.9 businesses underserved · confidence: medium
  10. 10. Bicycle Parking 60/100
    ~0.4 businesses underserved · confidence: medium

What's already here — existing business mix

The most common business categories currently operating in ZIP 56063.

Full demographic profile

Population3,062
Households1,214
Median household income$109,139
Per capita income$54,950
Median age44.3
% bachelor's degree or higher43.522%
% age 18–3411.463%
% age 65+16.003%
% renter-occupied11.084%
Median home value$370,600
Median gross rent$944
Unemployment rate3.697%

Nearby ZIPs in MN

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

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