Franchise Costs Near Waite Park, MN (56387)
Opportunity Score
66
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 56387 is an urban area. with a population of 7,705 and household incomes near the national median ($57,387).
Area Profile
7,705
Population
$57,387
Median Income
-23% vs. national
Urban
Area Type
Median Age: 38.8 —
mixed-age market, broad menu appeal.
College-Educated: 12.4% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,072
Median Gross Rent
$230 K
Median Home Value
3
Bank Branches
$260 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 3
vs. National Average
Median Income
-23% 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