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ZIP 56554 — Business Opportunities

Lake Park, MN · Local economy intelligence
Population
2,698
Median income
$86,607
Median age
47.6
Households
1,095

Top business opportunities in 56554

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

  1. 1. Jewelry & Accessories 100/100
    ~0.2 businesses underserved · confidence: medium
  2. 2. Pharmacies 100/100
    ~0.2 businesses underserved · confidence: medium
  3. 3. Bicycle Parking 96/100
    ~0.4 businesses underserved · confidence: medium
  4. 4. Parking Entrance 96/100
    ~0.3 businesses underserved · confidence: medium
  5. 5. Childcare 95/100
    ~0.3 businesses underserved · confidence: medium
  6. 6. Gas Stations 92/100
    ~1.2 businesses underserved · confidence: medium
  7. 7. Electronics Repair 90/100
    ~0.2 businesses underserved · confidence: medium
  8. 8. Medical & Healthcare 89/100
    ~0.3 businesses underserved · confidence: medium
  9. 9. Dental 89/100
    ~0.3 businesses underserved · confidence: medium
  10. 10. Veterinary 87/100
    ~0.2 businesses underserved · confidence: medium

What's already here — existing business mix

The most common business categories currently operating in ZIP 56554.

Full demographic profile

Population2,698
Households1,095
Median household income$86,607
Per capita income$41,851
Median age47.6
% bachelor's degree or higher31.716%
% age 18–3412.157%
% age 65+16.42%
% renter-occupied4.355%
Median home value$279,900
Median gross rent$700
Unemployment rate1.894%

Nearby ZIPs in MN

56565 Nashua · 56579 Rothsay · 55925 Dakota · 55910 Altura · 55811 Duluth · 55810 Duluth

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