BMIE Market 55331
Hennepin County, Minnesota · ZCTA boundaries as of 2020
Profile
| Population (current estimate) | 19,805 2020–2024 ACS 5-year estimate ±848 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B01003_001E · on 2020 boundaries · retrieved 2026-09-05 |
|---|---|
| Households | 7,816 2020–2024 ACS 5-year estimate ±404 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B11001_001E · on 2020 boundaries · retrieved 2026-09-05 |
| Population, 2010 Census count | 17,524 2010 Census count · Decennial Census · Census Gazetteer ZCTA 2010 · POP10 · on 2010 boundaries · retrieved 2026-09-04 |
| Housing units | 7,203 2010 Census count · Decennial Census · Census Gazetteer ZCTA 2010 · HU10 · on 2010 boundaries · retrieved 2026-09-04 |
| Median household income | $159,450 2020–2024 ACS 5-year estimate ±14,602 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B19013_001E · on 2020 boundaries · retrieved 2026-09-05 |
| Median age | 48.2 2020–2024 ACS 5-year estimate ±2 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B01002_001E · on 2020 boundaries · retrieved 2026-09-05 |
| Median gross rent | $1,217 2020–2024 ACS 5-year estimate ±53 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B25064_001E · on 2020 boundaries · retrieved 2026-09-05 |
| Median home value | $737,000 2020–2024 ACS 5-year estimate ±39,147 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B25077_001E · on 2020 boundaries · retrieved 2026-09-05 |
| Land area | 16.3 sq mi Census Gazetteer 2020 |
| Restaurants | 33 2023 · U.S. Census Bureau, ZIP Code Business Patterns 2023 detail (NAICS2022) · by USPS ZIP 55331 |
| Restaurants per 10,000 residents | 11.4 DERIVED: 2010 restaurants (ZIP) ÷ 2010 Census population (ZCTA) · different years, stated as such |
| Restaurant growth, 5-year | +26.9% DERIVED: 2018 → 2023, ZIP Code Business Patterns restaurants |
| Restaurant growth, 10-year | +43.5% DERIVED: 2013 → 2023, ZIP Code Business Patterns restaurants |
| Restaurant growth, 20-year | +94.1% DERIVED: 2003 → 2023, ZIP Code Business Patterns restaurants |
| Restaurant growth, Longest on file | +57.1% DERIVED: 1994 → 2023, ZIP Code Business Patterns restaurants |
| Projected restaurants, 2028 | 30 (range 24–36) FORECAST · linear trend v1 fitted to 2013–2023 (11 points, +0.3 per year, r² 0.11) · 80% range · confidence Low · momentum, not a guarantee |
| Projected population, 5 years ahead | Needs more ACS years on file |
| BMIE Market Score | 81 / 100 MODELED · bmie_market_score v1 · confidence High · why? |
| Consumer Market Score | 88 / 100 MODELED · consumer_market_score v1 · confidence High · why? |
| Restaurant Opportunity Score | 75 / 100 MODELED · restaurant_opportunity_score v1 · confidence High · why? |
| Market Momentum Score | 80 / 100 MODELED · market_momentum_score v1 · confidence High · why? |
Map
Boundary: U.S. Census Bureau cartographic file, 1:500k, 2020 vintage. Basemap © OpenStreetMap contributors.Trends
Historical lines are published counts. Dashed lines are derived: a least-squares trend through the last decade, extended as a FORECAST with its 80% range. Momentum, not a guarantee.
Restaurants by year, with trend and projection
ZIP Code Business Patterns, USPS ZIP 55331. Projection: linear trend v1, fitted 2013–2023, +0.3 restaurants per year, r² 0.11, confidence Low.Growth index (first year on file = 100)
Each category relative to its own first published count. Full/limited split is unavailable under SIC (before 1998).Mix of the food-service market
Share of all food-service establishments. "Other" = snack bars, caterers, contractors, mobile.Population and restaurants per 10,000 residents
Population points: 2010 Census count and ACS 5-year estimates on file (more vintages load over time). Density uses the population point within two years of each restaurant count. Population projection appears once three or more ACS years are loaded.Restaurant growth vs. Minnesota and U.S. averages
Averages are the mean growth across all ZCTAs with the figure (state n = 715, U.S. n = 24,852). DERIVED from ZIP Code Business Patterns.Why these scores?
Each score is a weighted average of national percentile ranks (0 = lowest of all ZCTAs with that figure, 100 = highest). Weights are set in the model registry, not in code, and every score carries its model version.
BMIE Market Score: 81 (High confidence)
| Component | Value | Rank | Weight | Adds |
|---|---|---|---|---|
| Consumer Market Score | 87.5 | 88 | 40% | +35.0 |
| Restaurant Opportunity Score | 74.9 | 75 | 35% | +26.2 |
| Market Momentum Score | 80.4 | 80 | 25% | +20.1 |
Consumer Market Score: 88 (High confidence)
| Component | Value | Rank | Weight | Adds |
|---|---|---|---|---|
| Population (ACS) | 19,805 | 81 | 40% | +32.5 |
| Median household income (ACS) | 159,450 | 97 | 40% | +38.8 |
| Households (ACS) | 7,816 | 81 | 20% | +16.2 |
Restaurant Opportunity Score: 75 (High confidence)
| Component | Value | Rank | Weight | Adds |
|---|---|---|---|---|
| 10-year restaurant growth | 43.5 | 79 | 35% | +27.5 |
| Restaurants per 10,000 residents (lower = more room) | 16.7 | 47 | 25% | +11.7 |
| Population (ACS) | 19,805 | 81 | 20% | +16.3 |
| Median household income (ACS) | 159,450 | 97 | 20% | +19.4 |
Market Momentum Score: 80 (High confidence)
| Component | Value | Rank | Weight | Adds |
|---|---|---|---|---|
| 5-year restaurant growth | 26.9 | 82 | 50% | +41.0 |
| 10-year restaurant growth | 43.5 | 79 | 30% | +23.6 |
| 20-year restaurant growth | 94.1 | 80 | 20% | +15.9 |
A high score is a statistical position among all U.S. ZCTAs, not a prediction that a restaurant will succeed.
Restaurants on file (61)
By cuisine
American 12 · Coffee 10 · Dessert 7 · Pizza 7 · Ice cream / frozen desserts 4 · Sandwiches 4 · Asian 3 · Bakery 3 · Japanese 3 · Mexican 3 · Burgers 2 · Chinese 2 · Italian 2 · Sushi 2 · Tea / bubble tea 2 · BBQ 1 · Cajun, Creole, Southern 1 · French 1 · Healthy / salads / bowls 1 · Juice / smoothies 1 · Noodles / ramen / pho 1 · Seafood 1 · Southwestern / Tex-Mex 1
By type
Restaurant (service type not stated) 33 · Café 10 · Dessert 10 · Bar 8 · Coffee shop 8 · Casual dining 4 · Quick service 4 · Bakery 3 · Other 3 · Food truck 2 · Juice, smoothie, tea 2 · Brewery / taproom 1 · Delivery-focused 1
| Name | Type | Cuisine | Address | Status |
|---|---|---|---|---|
| 318 Cafe | Café · Coffee shop | Coffee | 318 Water St | open |
| Adele's Frozen Custard | Dessert | Ice cream / frozen desserts · Dessert · American | 800 Excelsior Blvd | open |
| B. GRIZZLY'S PIZZA | Restaurant (service type not stated) | Pizza | 2407 Minnesota 7 | open |
| Bayside Grille | Restaurant (service type not stated) | American | 687 Excelsior Blvd | open |
| Boba Tonka Bubble Tea | Juice, smoothie, tea · Café | Tea / bubble tea · Juice / smoothies · Coffee | 19905 MN-7 | open |
| Brito's Burrito Brito's Burrito | Restaurant (service type not stated) | Southwestern / Tex-Mex · Mexican | 2413 MN-7, Shorewood, 2413 MN-7 | open |
| Caribou Coffee Caribou Coffee | Coffee shop · Restaurant (service type not stated) · Café | Coffee | 2395 MN-7 | open |
| Caribou Coffee Caribou Coffee | Coffee shop · Restaurant (service type not stated) · Café | Coffee | 5663 Manitou Rd | open |
| Cheesecake Funk | Dessert · Bakery | Dessert · Bakery | 2419 MN-7 | open |
| Coalition Restaurant | Restaurant (service type not stated) · Casual dining | American | 227 Water St | open |
| Coming Soon - Chipotle Mexican Grill Chipotle | Quick service | 23570 Highway 7 | open | |
| dodopop | Restaurant (service type not stated) · Dessert · Quick service | 19215 MN-7 | open | |
| Domino's Domino's Pizza | Delivery-focused · Quick service | Pizza | 23500 Highway 7 | open |
| Dunn Brothers Coffee Dunn Brothers Coffee | Coffee shop · Restaurant (service type not stated) · Café | Coffee | 11 Water St | open |
| Edk Investments, Llc | Restaurant (service type not stated) | 23480 Highway 7 | open | |
| Excelsior Brewing Company | Brewery / taproom · Bar | 421 3rd St | open | |
| Happy Garden II | Restaurant (service type not stated) | Chinese · Asian | 2443 Highway 7 | open |
| Hazelwood Food and Drink Hazelwood Food and Drink-Tonka Bay | Casual dining · Restaurant (service type not stated) · Bar | American | 5635 Manitou Rd | open |
| Ima's Little Tea Spot | Juice, smoothie, tea | Tea / bubble tea | 371 Water St | open |
| Jake O'connor's Public House | Bar | 200 Water St | open | |
| Joey Nova's Pizzeria | Restaurant (service type not stated) | Pizza · Italian | 5655 Manitou Rd | open |
| Lago Tacos | Bar | Mexican | 30 Water St | open |
| Lake Shore Deli | Restaurant (service type not stated) | 326 Lake St | open | |
| Layline | Restaurant (service type not stated) | American · Seafood | 301 Water St | open |
| Licks Unlimited | Dessert | Ice cream / frozen desserts · Dessert | 31 Water St | open |
| Localz Cafe | Restaurant (service type not stated) | Mexican | 5603 Manitou Rd | open |
| Lost Bay | Restaurant (service type not stated) | 135 Lakeview Ave | open | |
| Maynards | Restaurant (service type not stated) | American | 685 Excelsior Blvd | open |
| McDonald's McDonald's | Quick service · Restaurant (service type not stated) | Burgers | 770 Excelsior Blvd | open |
| Milio's Sandwiches | Other | Sandwiches | 23480 Highway 7 | open |
| Ming Wok | Restaurant (service type not stated) | Chinese | 205 Water St | open |
| Mirabelle | Restaurant (service type not stated) · Casual dining | American | 200 Water St | open |
| Miyabi Sushi and Asian Bistro | Restaurant (service type not stated) | Japanese · Sushi · Asian | 400 Water St #100 | open |
| Nautical Bowls | Restaurant (service type not stated) | Healthy / salads / bowls | 291 Water St | open |
| North Coop | Restaurant (service type not stated) | Cajun, Creole, Southern · American | 2401 Highway 7 | open |
| North Shore BBQ | Restaurant (service type not stated) | BBQ · American | 212 Water St | open |
| Olive's Fresh Pizza Bar | Bar | Pizza · Italian | 287 Water St #100 | open |
| Pantoufs Gifts and Personalized Chocolates | Dessert | Dessert | 287 Water St | open |
| Papa Murphy's Take 'N' Bake Pizza | Restaurant (service type not stated) | Pizza | 23500 Highway 7 | open |
| Parlour Excelsior Parlour Bar Mpls | Bar | Burgers · American | 200 Water St | open |
| Patisserie Margo | Restaurant (service type not stated) | French · Sandwiches | 284 Water St | open |
| Port Of Excelsior Bar & Lounge | Restaurant (service type not stated) · Casual dining · Bar | American | 1 Water St | open |
| Pulled Pork Paradise Pulled Pork Paradise | Restaurant (service type not stated) | American | Delton Ave & Old Market Blvd, 20099 Broms Blvd | open |
| Red Bench Bakery | Bakery · Dessert · Café | Bakery · Dessert · Coffee | 284 Water St | open |
| Red Sauce Rebellion | Restaurant (service type not stated) | 205 Water St | open | |
| Red's Savoy Pizza | Restaurant (service type not stated) | Pizza | 19215 Mn-7 | open |
| Rock Candy Shop | Dessert | 261 Water St | open | |
| Sebastian Joe's Ice Cream and rental | Dessert · Food truck | Ice cream / frozen desserts | open | |
| Shiki | Restaurant (service type not stated) | Japanese · Noodles / ramen / pho | 200 Water St | open |
| Starbucks Starbucks | Café · Coffee shop · Bakery | Coffee · Bakery | 19285 State Highway 7 | open |
| Starbucks Coffee Company Starbucks | Coffee shop · Café | Coffee | 440 Water St | open |
| Subway | Other | Sandwiches | 478 Water St | open |
| Subway | Other | Sandwiches | 478 Water St | open |
| Sweetwater Roasters | Coffee shop · Café | Coffee | 24295 Yellowstone Trl | open |
| The Lobby Coffee & Leisure | Coffee shop · Café | Coffee | 234 Water St | open |
| The Zerby Household | Bar | 5680 Christopher Rd | open | |
| Tino's Pizza | Restaurant (service type not stated) | Pizza | 19215 MN 7 | open |
| Tommy's Tonka Trolley | Dessert | Ice cream / frozen desserts · Dessert | 379 Lake St | open |
| Truffle Hill Chocolates - Tonka Bay | Dessert | Dessert | 345 Water St | open |
| Yumi Japanese Restaurant and Bar Yumi Japanese Restaurant + Bar | Restaurant (service type not stated) | Japanese · Sushi · Asian | 217 Water St | open |
| Zoe's Gone Bananas | Food truck | open |
Restaurant establishments over time
| Year | All food service | Restaurants | Full-service | Limited-service | Snack & beverage | Bars | Industry codes |
|---|---|---|---|---|---|---|---|
| 1994 | 22 | 21 | — | — | — | 1 | SIC1987 |
| 1995 | 21 | 20 | — | — | — | 1 | SIC1987 |
| 1996 | 25 | 24 | — | — | — | 1 | SIC1987 |
| 1997 | 23 | 22 | — | — | — | 1 | SIC1987 |
| 1998 | 23 | 17 | 10 | 1 | 6 | 1 | NAICS1997 |
| 1999 | 27 | 20 | 12 | 2 | 6 | 1 | NAICS1997 |
| 2000 | 22 | 17 | 11 | 2 | 4 | — | NAICS1997 |
| 2001 | 25 | 19 | 11 | 4 | 4 | — | NAICS1997 |
| 2002 | 21 | 14 | 7 | 3 | 4 | 2 | NAICS1997 |
| 2003 | 22 | 17 | 9 | 2 | 6 | 1 | NAICS2002 |
| 2004 | 22 | 18 | 9 | 3 | 6 | 1 | NAICS2002 |
| 2005 | 23 | 19 | 8 | 3 | 8 | 1 | NAICS2002 |
| 2006 | 25 | 20 | 10 | 3 | 7 | 1 | NAICS2002 |
| 2007 | 23 | 20 | 8 | 6 | 6 | 1 | NAICS2002 |
| 2008 | 23 | 21 | 8 | 5 | 8 | — | NAICS2007 |
| 2009 | 21 | 19 | 10 | 3 | 6 | — | NAICS2007 |
| 2010 | 22 | 20 | 11 | 3 | 6 | — | NAICS2007 |
| 2011 | 23 | 21 | 12 | 4 | 5 | — | NAICS2007 |
| 2012 | 28 | 25 | 12 | 6 | 7 | — | NAICS2012 |
| 2013 | 28 | 23 | 10 | 6 | 7 | — | NAICS2012 |
| 2014 | 31 | 25 | 11 | 7 | 7 | 1 | NAICS2012 |
| 2015 | 36 | 30 | 14 | 9 | 7 | 1 | NAICS2012 |
| 2016 | 35 | 29 | 14 | 9 | 6 | 1 | NAICS2012 |
| 2017 | 32 | 29 | 14 | 9 | 6 | — | NAICS2017 |
| 2018 | 29 | 26 | 14 | 7 | 5 | — | NAICS2017 |
| 2019 | 30 | 25 | 14 | 6 | 5 | — | NAICS2017 |
| 2020 | 27 | 24 | 13 | 5 | 6 | — | NAICS2017 |
| 2021 | 29 | 25 | 13 | 6 | 6 | — | NAICS2017 |
| 2022 | 31 | 28 | 15 | 6 | 7 | — | NAICS2022 |
| 2023 | 35 | 33 | 18 | 7 | 8 | — | NAICS2022 |