Franchise Costs Near Minneapolis, MN (55423)
Opportunity Score
80
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55423 is an urban area. with a population of 36,779 and household incomes above the national median ($84,102).
Area Profile
36,779
Population
$84,102
Median Income
+13% vs. national
Urban
Area Type
Median Age: 38.9 —
mixed-age market, broad menu appeal.
College-Educated: 32.9% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 55423.
8
Business Consultants
2.2 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,334
Median Gross Rent
$320 K
Median Home Value
6
Bank Branches
$740 K 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
- 6
vs. National Average
Median Income
+13% 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