Franchise Costs Near Owatonna, MN (55060)
Opportunity Score
80
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55060 is an suburban area. with a population of 29,601 and household incomes above the national median ($83,848).
Area Profile
29,601
Population
$83,848
Median Income
+12% vs. national
Suburban
Area Type
Median Age: 40.3 —
older demographic, may prefer sit-down options.
College-Educated: 21.5% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,018
Median Gross Rent
$240 K
Median Home Value
11
Bank Branches
$820 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Suburban
- Bank Branches
- 11
vs. National Average
Median Income
+12% vs. $74,580
Nearby Markets
Check Another Market
Or estimate costs with the FranchiseBudget calculator.
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits