Franchise Costs Near Minnetonka, MN (55345)
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55345 is an urban area. with a population of 21,255 and household incomes well above the national median ($143,287).
Area Profile
21,255
Population
$143,287
Median Income
+92% vs. national
Urban
Area Type
Median Age: 43.9 —
older demographic, may prefer sit-down options.
College-Educated: 45.7% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 55345.
14
Business Consultants
6.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,444
Median Gross Rent
$480 K
Median Home Value
8
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
- 14
- Bank Branches
- 8
vs. National Average
Median Income
+92% 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