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Home ZIP 55316

Remodelers Market: ZIP 55316

Opportunity Score
78 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 55316 is an urban area with moderate foot traffic. with a population of 23,450 and household incomes well above the national median ($115,719). There are 15 remodelers operations in ZIP 55316.

Area Profile

23,450
Population
$115,719
Median Income
+55% vs. national
Urban
Area Type
11.4/20
Foot Traffic
Walkable
Median Age: 41.1 — older demographic, may prefer sit-down options.
College-Educated: 26.0% — balanced market for quality & value.

Competition

Remodelers and related businesses in ZIP 55316.

15
Remodelers
Moderate — proven market
6.4 per 10K residents
9
HVAC Contractors
3.8 per 10K residents
What this means: Remodelers are 62.5% of the relevant market in ZIP 55316 (15 vs. 9 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,880
2BR Fair Market Rent
$1,597
Median Gross Rent
$340 K
Median Home Value
4
Bank Branches
$310 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