Remodelers Market: ZIP 55810
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55810 is an urban area with low foot traffic. with a population of 8,305 and household incomes above the national median ($81,894).
Area Profile
8,305
Population
$81,894
Median Income
+10% vs. national
Urban
Area Type
9.9/20
Foot Traffic
Very Car-Dependent
Median Age: 44.2 —
older demographic, may prefer sit-down options.
College-Educated: 20.1% —
value-focused market, keep prices competitive.
Competition
Remodelers and related businesses in ZIP 55810.
3
HVAC Contractors
3.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,150
2BR Fair Market Rent
$1,102
Median Gross Rent
$220 K
Median Home Value
2
Bank Branches
$28 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 3
- Bank Branches
- 2
vs. National Average
Median Income
+10% vs. $74,580
Walkability
-0.6 pts vs. national avg
Nearby Markets
55808
5.8 mi
Pop: 5,325
$59,808
Walk: 11.6
55811
6.5 mi
Pop: 27,907
$77,877
Walk: 11.2
55733
7.0 mi
Pop: 5,180
$115,051
55807
7.2 mi
Pop: 9,573
$63,670
Walk: 14.9
55814
7.4 mi
Pop: 311
55806
9.8 mi
Pop: 9,545
$44,962
Walk: 13.5
55805
12.6 mi
Pop: 10,277
$43,077
Walk: 14.2
55802
12.9 mi
Pop: 2,560
$40,850
Walk: 12.5
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