Franchise Costs Near Minneapolis, MN (55408)
Opportunity Score
74
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55408 is an urban area. with a population of 32,534 and household incomes near the national median ($72,421).
Area Profile
32,534
Population
$72,421
Median Income
-3% vs. national
Urban
Area Type
Median Age: 30.1 —
mixed-age market, broad menu appeal.
College-Educated: 41.9% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 55408.
14
Business Consultants
4.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,385
Median Gross Rent
$390 K
Median Home Value
8
Bank Branches
$1.1 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
-3% 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