FranchiseBudget
Home Minnesota ZIP 56001

Franchise Costs Near Mankato, MN (56001)

Opportunity Score
70 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 56001 is an urban area. with a population of 50,960 and household incomes near the national median ($67,224).

Area Profile

50,960
Population
$67,224
Median Income
-10% vs. national
Urban
Area Type
Median Age: 28.6 — young market, strong street food demand.
College-Educated: 20.3% — value-focused market, keep prices competitive.

Competition

Franchise Businesses and related businesses in ZIP 56001.

10
Business Consultants
2.0 per 10K residents

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,088
Median Gross Rent
$260 K
Median Home Value
20
Bank Branches
$2.2 M deposits

Compare with Another ZIP

Side-by-side: opportunity score, income, walkability, competition, and rent.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits