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Home › Minnesota › ZIP 55330

Franchise Costs Near Elk River, MN (55330)

Opportunity Score
96 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 55330 is an urban area. with a population of 45,080 and household incomes well above the national median ($111,481).

Area Profile

45,080
Population
$111,481
Median Income
+49% vs. national
Urban
Area Type
Median Age: 37.7 — mixed-age market, broad menu appeal.
College-Educated: 22.4% — value-focused market, keep prices competitive.

Competition

Franchise Businesses and related businesses in ZIP 55330.

8
Business Consultants
1.8 per 10K residents

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,356
Median Gross Rent
$360 K
Median Home Value
11
Bank Branches
$1.2 M deposits

Compare with Another ZIP

Side-by-side: opportunity score, income, walkability, competition, and rent.

Quick Facts

Area Type
Urban
Related Businesses
8
Bank Branches
11

vs. National Average

Median Income
+49% vs. $74,580

Nearby Markets

55301 8.9 mi
Pop: 13,485 $131,157
55398 8.9 mi
Pop: 17,768 $105,063
55303 9.8 mi
Pop: 52,121 $101,351
55374 10.8 mi
Pop: 15,812 $152,239
55327 11.1 mi
Pop: 5,542 $133,721
55376 11.6 mi
Pop: 19,317 $130,917
55309 11.9 mi
Pop: 21,406 $118,387
55341 13.7 mi
Pop: 3,454 $147,903

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About This Data

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits