Franchise Costs Near Minneapolis, MN (55405)
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55405 is an urban area. with a population of 16,915 and household incomes near the national median ($70,425).
Area Profile
16,915
Population
$70,425
Median Income
-6% vs. national
Urban
Area Type
Median Age: 31.4 —
mixed-age market, broad menu appeal.
College-Educated: 43.1% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 55405.
9
Business Consultants
5.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,188
Median Gross Rent
$450 K
Median Home Value
2
Bank Branches
$230 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 9
- Bank Branches
- 2
vs. National Average
Median Income
-6% 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