ZIP 56118 — Business Opportunities

Top business opportunities in 56118

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

1. 1. Childcare 100/100
   ~0.1 businesses underserved · confidence: low
2. 2. Schools 83/100
   ~0.2 businesses underserved · confidence: low
3. 3. Dancing School 83/100
   ~0.0 businesses underserved · confidence: low
4. 4. Music School 81/100
   ~0.0 businesses underserved · confidence: low
5. 5. Toys & Games 80/100
   ~0.0 businesses underserved · confidence: low
6. 6. Driving School 71/100
   ~0.0 businesses underserved · confidence: low
7. 7. Prep School 69/100
   ~0.0 businesses underserved · confidence: low
8. 8. Furniture & Home Decor 67/100
   ~0.1 businesses underserved · confidence: low
9. 9. Jewelry & Accessories 55/100
   ~0.0 businesses underserved · confidence: low
10. 10. Electronics Repair 51/100
    ~0.0 businesses underserved · confidence: low

What's already here — existing business mix

The most common business categories currently operating in ZIP 56118.

• Nature Reserve — 3 businesses
• Fire Station — 1 businesses
• Parking — 1 businesses
• Government Services — 1 businesses
• Appliance — 0 businesses
• Fountain — 0 businesses
• Post Depot — 0 businesses
• Dojo — 0 businesses
• Bicycle Parking — 0 businesses
• Dry Cleaning — 0 businesses
• Marketplace — 0 businesses
• Consulting — 0 businesses
• Distillery — 0 businesses
• Arts Centre — 0 businesses
• Toilets — 0 businesses

Full demographic profile

Population	519
Households	194
Median household income	$84,886
Per capita income	$38,405
Median age	44.8
% bachelor's degree or higher	23.684%
% age 18–34	14.451%
% age 65+	13.873%
% renter-occupied	3.398%
Median home value	$244,600
Median gross rent	—
Unemployment rate	1.399%

Nearby ZIPs in MN

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