Franchise Costs Near Detroit Lakes, MN (56501)
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 56501 is an suburban area. with a population of 18,239 and household incomes near the national median ($68,980).
Area Profile
18,239
Population
$68,980
Median Income
-8% vs. national
Suburban
Area Type
Median Age: 44.2 —
older demographic, may prefer sit-down options.
College-Educated: 22.5% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 56501.
6
Business Consultants
3.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$942
Median Gross Rent
$290 K
Median Home Value
7
Bank Branches
$1.1 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Suburban
- Related Businesses
- 6
- Bank Branches
- 7
vs. National Average
Median Income
-8% 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