Franchise Costs Near Grand Rapids, MN (55744)
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55744 is an suburban area. with a population of 20,469 and household incomes near the national median ($68,213).
Area Profile
20,469
Population
$68,213
Median Income
-9% vs. national
Suburban
Area Type
Median Age: 47.3 —
older demographic, may prefer sit-down options.
College-Educated: 22.2% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 55744.
5
Business Consultants
2.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,014
Median Gross Rent
$230 K
Median Home Value
10
Bank Branches
$670 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Suburban
- Related Businesses
- 5
- Bank Branches
- 10
vs. National Average
Median Income
-9% 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