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Showing results for ZIP 56634 (MN)
Home ZIP 78416

Franchise Businesses Market: ZIP 78416

Opportunity Score
61 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 78416 is an urban area with moderate foot traffic. with a population of 13,116 and household incomes below the national median ($44,726).

Area Profile

13,116
Population
$44,726
Median Income
-40% vs. national
Urban
Area Type
13.9/20
Foot Traffic
Walkable
Median Age: 40.3 — older demographic, may prefer sit-down options.
College-Educated: 5.7% — value-focused market, keep prices competitive.

Operating Costs

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

$1,220
2BR Fair Market Rent
$1,066
Median Gross Rent
$93 K
Median Home Value
2
Bank Branches
$86 K deposits

Data sources

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