Remodelers Market: ZIP 55733
Opportunity Score
98
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55733 is an urban area. with a population of 5,180 and household incomes well above the national median ($115,051).
Area Profile
5,180
Population
$115,051
Median Income
+54% vs. national
Urban
Area Type
Median Age: 42.5 —
older demographic, may prefer sit-down options.
College-Educated: 29.2% —
balanced market for quality & value.
Competition
Remodelers and related businesses in ZIP 55733.
4
HVAC Contractors
7.7 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,610
2BR Fair Market Rent
$1,411
Median Gross Rent
$300 K
Median Home Value
1
Bank Branches
$23 K deposits
Tips for Starting a Home Remodeling Business in Minnesota
- Get your contractor's license and insurance before your first job. Operating without them is illegal in most states and one lawsuit ends you.
- Kitchen and bathroom remodels have the highest margins. Whole-home renovations sound bigger but the complexity eats your profit.
- Your first 10 jobs come from personal network and referrals. Don't spend on ads until you have 5-star reviews to back them up.
- Material costs swing 15-30% year over year. Quote projects with current supplier pricing, not last year's numbers.
- The median income here is $115,051. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 4
- Bank Branches
- 1
vs. National Average
Median Income
+54% vs. $74,580
Nearby Markets
55810
7.0 mi
Pop: 8,305
$81,894
Walk: 9.9
55808
8.9 mi
Pop: 5,325
$59,808
Walk: 11.6
55797
10.2 mi
Pop: 1,372
$88,203
55718
10.8 mi
Pop: 3,068
$98,448
55720
12.2 mi
Pop: 17,480
$66,399
Walk: 8.4
55811
12.9 mi
Pop: 27,907
$77,877
Walk: 11.2
55807
13.4 mi
Pop: 9,573
$63,670
Walk: 14.9
55814
14.1 mi
Pop: 311
Check Another Market
Or estimate costs with the RemodCost calculator.
About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits