FranchiseBudget
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Franchise Costs Near Nelson, MN (56355)

Opportunity Score
46 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 56355 is an suburban area. with a population of 643 and household incomes above the national median ($97,500).

Area Profile

643
Population
$97,500
Median Income
+31% vs. national
Suburban
Area Type
Median Age: 38.5 — mixed-age market, broad menu appeal.
College-Educated: 12.9% — value-focused market, keep prices competitive.

Operating Costs

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

$771
Median Gross Rent
$310 K
Median Home Value

Compare with Another ZIP

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

Quick Facts

Area Type
Suburban

vs. National Average

Median Income
+31% vs. $74,580

Nearby Markets

56319 5.2 mi
Pop: 1,336 $85,500
56354 8.8 mi
Pop: 1,372 $85,521
56360 10.5 mi
Pop: 3,738 $65,395
56308 11.4 mi
Pop: 26,695 $76,831
56389 14.6 mi
Pop: 85 $56,875
56361 16.2 mi
Pop: 2,590 $69,896
56446 16.5 mi
Pop: 1,502 $54,500
56332 18.1 mi
Pop: 1,658 $89,875

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About This Data

Data sources

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