Franchise Costs Near Minneapolis, MN (55431)
Opportunity Score
90
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55431 is an urban area. with a population of 19,075 and household incomes well above the national median ($103,125).
Area Profile
19,075
Population
$103,125
Median Income
+38% vs. national
Urban
Area Type
Median Age: 43.1 —
older demographic, may prefer sit-down options.
College-Educated: 36.1% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 55431.
6
Business Consultants
3.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,704
Median Gross Rent
$350 K
Median Home Value
6
Bank Branches
$2.9 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 6
- Bank Branches
- 6
vs. National Average
Median Income
+38% 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