Franchise Costs Near Hopkins, MN (55305)
Opportunity Score
92
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55305 is an urban area. with a population of 21,274 and household incomes well above the national median ($106,480).
Area Profile
21,274
Population
$106,480
Median Income
+43% vs. national
Urban
Area Type
Median Age: 39.8 —
mixed-age market, broad menu appeal.
College-Educated: 46.3% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 55305.
24
Business Consultants
11.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,774
Median Gross Rent
$440 K
Median Home Value
8
Bank Branches
$1.3 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 24
- Bank Branches
- 8
vs. National Average
Median Income
+43% vs. $74,580
Nearby Markets
Check Another Market
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Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits