FranchiseBudget
Showing results for ZIP 56521 (MN)
Home ZIP 64506

Franchise Businesses Market: ZIP 64506

Opportunity Score
60 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 64506 is an urban area with low foot traffic. with a population of 22,107 and household incomes near the national median ($61,713).

Area Profile

22,107
Population
$61,713
Median Income
-17% vs. national
Urban
Area Type
8.7/20
Foot Traffic
Car-Dependent
Median Age: 39.6 — mixed-age market, broad menu appeal.
College-Educated: 23.2% — value-focused market, keep prices competitive.

Competition

Franchise Businesses and related businesses in ZIP 64506.

3
Business Consultants
1.4 per 10K residents
7
Small Business Lenders
3.2 per 10K residents

Operating Costs

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

$1,040
2BR Fair Market Rent
$908
Median Gross Rent
$220 K
Median Home Value
15
Bank Branches
$1 M deposits

Quick Facts

Area Type
Urban
Foot Traffic
Car-Dependent
Related Businesses
10
Bank Branches
15

vs. National Average

Median Income
-17% vs. $74,580
Walkability
-1.8 pts vs. national avg

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Data sources

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