BMIE Market 55356

Hennepin County, Minnesota · ZCTA boundaries as of 2020

Profile

Population (current estimate)	5,696 2020–2024 ACS 5-year estimate ±555 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B01003_001E · on 2020 boundaries · retrieved 2026-09-05
Households	2,068 2020–2024 ACS 5-year estimate ±170 · 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	5,311 2010 Census count · Decennial Census · Census Gazetteer ZCTA 2010 · POP10 · on 2010 boundaries · retrieved 2026-09-04
Housing units	2,186 2010 Census count · Decennial Census · Census Gazetteer ZCTA 2010 · HU10 · on 2010 boundaries · retrieved 2026-09-04
Median household income	$156,622 2020–2024 ACS 5-year estimate ±30,225 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B19013_001E · on 2020 boundaries · retrieved 2026-09-05
Median age	45.1 2020–2024 ACS 5-year estimate ±3 · 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	$1,860 2020–2024 ACS 5-year estimate ±121 · 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	$707,800 2020–2024 ACS 5-year estimate ±91,443 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B25077_001E · on 2020 boundaries · retrieved 2026-09-05
Land area	13.1 sq mi Census Gazetteer 2020
Restaurants	12 2023 · U.S. Census Bureau, ZIP Code Business Patterns 2023 detail (NAICS2022) · by USPS ZIP 55356
Restaurants per 10,000 residents	13.2 DERIVED: 2010 restaurants (ZIP) ÷ 2010 Census population (ZCTA) · different years, stated as such
Restaurant growth, 5-year	+33.3% DERIVED: 2018 → 2023, ZIP Code Business Patterns restaurants
Restaurant growth, 10-year	+33.3% DERIVED: 2013 → 2023, ZIP Code Business Patterns restaurants
Restaurant growth, 20-year	-33.3% DERIVED: 2003 → 2023, ZIP Code Business Patterns restaurants
Restaurant growth, Longest on file	+100.0% DERIVED: 1994 → 2023, ZIP Code Business Patterns restaurants
Projected restaurants, 2028	12 (range 9–14) FORECAST · linear trend v1 fitted to 2013–2023 (11 points, +0.2 per year, r² 0.23) · 80% range · confidence Low · momentum, not a guarantee
Projected population, 5 years ahead	Needs more ACS years on file
BMIE Market Score	70 / 100 MODELED · bmie_market_score v1 · confidence High · why?
Consumer Market Score	76 / 100 MODELED · consumer_market_score v1 · confidence High · why?
Restaurant Opportunity Score	66 / 100 MODELED · restaurant_opportunity_score v1 · confidence High · why?
Market Momentum Score	66 / 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 55356. Projection: linear trend v1, fitted 2013–2023, +0.2 restaurants per year, r² 0.23, 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: 70 (High confidence)

Component	Value	Rank	Weight	Adds
Consumer Market Score	76.0	76	40%	+30.4
Restaurant Opportunity Score	66.2	66	35%	+23.2
Market Momentum Score	66.4	66	25%	+16.6

Health index, advertising, whitespace, competition and risk components join in later versions.

Consumer Market Score: 76 (High confidence)

Component	Value	Rank	Weight	Adds
Population (ACS)	5,696	63	40%	+25.0
Median household income (ACS)	156,622	97	40%	+38.7
Households (ACS)	2,068	61	20%	+12.3

Percentile-rank composite. No spending model yet: income and size stand in for spending capacity.

Restaurant Opportunity Score: 66 (High confidence)

Component	Value	Rank	Weight	Adds
10-year restaurant growth	33.3	73	35%	+25.7
Restaurants per 10,000 residents (lower = more room)	21.1	35	25%	+8.7
Population (ACS)	5,696	63	20%	+12.5
Median household income (ACS)	156,622	97	20%	+19.4

Whitespace, competition and demand signals are not yet available; this version uses growth, density, size and income only.

Market Momentum Score: 66 (High confidence)

Component	Value	Rank	Weight	Adds
5-year restaurant growth	33.3	85	50%	+42.5
10-year restaurant growth	33.3	73	30%	+22.0
20-year restaurant growth	-33.3	9	20%	+1.8

Restaurant-count growth only until population and income growth series exist.

A high score is a statistical position among all U.S. ZCTAs, not a prediction that a restaurant will succeed.

Restaurants on file (18)

By cuisine

Coffee 4 · Mexican 3 · Pizza 3 · American 2 · Italian 2 · Juice / smoothies 2 · Burgers 1 · Chinese 1 · Ice cream / frozen desserts 1 · Latin American (other) 1 · Sandwiches 1 · Southwestern / Tex-Mex 1

By type

Restaurant (service type not stated) 10 · Bar 5 · Café 3 · Coffee shop 3 · Brewery / taproom 2 · Casual dining 2 · Juice, smoothie, tea 2 · Quick service 2 · Delivery-focused 1 · Dessert 1 · Other 1

Name	Type	Cuisine	Address	Status
Birch's on the Lake Brewhouse & Supperclub	Brewery / taproom · Bar	American	1310 Wayzata Blvd	open
Brass Foundry Brewing Co.	Brewery / taproom		2195 Daniels St Ste C	open
Bucks Pub	Bar · Casual dining		2067 Wayzata Blvd Ste 2	open
Carbone's Pizzeria	Restaurant (service type not stated)	Pizza · Italian	2069 W Wayzata Blvd	open
Caribou Coffee Caribou Coffee	Café · Restaurant (service type not stated) · Coffee shop	Coffee	2377 Shadowood Dr	open
Caribou Coffee Caribou Coffee	Coffee shop · Restaurant (service type not stated) · Café	Coffee	2073 W Wayzata Blvd	open
Domino's Domino's Pizza	Delivery-focused · Quick service	Pizza	1865 W Wayzata Blvd	open
Lake Life Nutrition	Juice, smoothie, tea · Café	Juice / smoothies · Coffee		open
Lotus Garden	Restaurant (service type not stated)	Chinese	2067 W Wayzata Blvd	open
McDonald's McDonald's	Quick service	Burgers · American	2410 W Industrial Blvd	open
Papa Murphy's Take 'N' Bake Pizza	Restaurant (service type not stated)	Pizza	2073 W Wayzata Blvd Ste 500	open
Primo Plates & Pours	Restaurant (service type not stated) · Bar	Italian	1935 Wayzata Blvd W	open
Red Rooster Bar & Lounge	Casual dining · Restaurant (service type not stated) · Bar		1832 Wayzata Blvd W	open
San Pancho	Bar · Restaurant (service type not stated)	Mexican	1865 W WAYZATA BOULEV	open
San Pancho Mexican Restaurant	Restaurant (service type not stated)	Mexican · Latin American (other)	1865 Wayzata Blvd W	open
Shiverz	Dessert · Juice, smoothie, tea · Coffee shop	Ice cream / frozen desserts · Juice / smoothies · Coffee	2435 Wayzata Blvd	open
Subway	Other	Sandwiches	1865 W Wayzata Blvd Ste 10	open
Talavera Mexican Restaurant	Restaurant (service type not stated)	Mexican · Southwestern / Tex-Mex	2160 Wayzata Blvd	open

Listings: Overture Maps Places (CDLA-Permissive-2.0), matched into the BMIE restaurant master. Census establishment counts and listing counts differ by definition (Census counts employer establishments in the reference week; listings are places currently mapped).

Restaurant establishments over time

Year	All food service	Restaurants	Full-service	Limited-service	Snack & beverage	Bars	Industry codes
1994	10	6	—	—	—	4	SIC1987
1995	8	5	—	—	—	3	SIC1987
1996	13	10	—	—	—	3	SIC1987
1997	14	14	—	—	—	—	SIC1987
1998	14	12	5	5	2	—	NAICS1997
1999	13	11	5	4	2	—	NAICS1997
2000	13	12	5	5	2	—	NAICS1997
2001	14	12	5	5	2	—	NAICS1997
2002	12	10	4	4	2	—	NAICS1997
2003	19	18	9	6	3	—	NAICS2002
2004	11	11	6	4	1	—	NAICS2002
2005	11	11	6	4	1	—	NAICS2002
2006	13	12	5	5	2	—	NAICS2002
2007	10	9	4	3	2	—	NAICS2002
2008	9	9	4	3	2	—	NAICS2007
2009	7	7	3	3	1	—	NAICS2007
2010	7	7	3	3	1	—	NAICS2007
2011	6	6	2	3	1	—	NAICS2007
2012	8	8	3	3	2	—	NAICS2012
2013	9	9	4	3	2	—	NAICS2012
2014	8	8	3	3	2	—	NAICS2012
2015	11	10	5	3	2	1	NAICS2012
2016	13	12	7	3	2	1	NAICS2012
2017	10	9	4	3	—	—	NAICS2017
2018	11	9	5	—	—	—	NAICS2017
2019	12	10	6	—	—	—	NAICS2017
2020	12	9	6	—	—	—	NAICS2017
2021	12	9	5	—	—	—	NAICS2017
2022	16	12	6	4	—	—	NAICS2022
2023	15	12	6	4	—	—	NAICS2022

U.S. Census Bureau, ZIP Code Business Patterns, by USPS ZIP 55356. Categories are BMIE roll-ups of the published SIC/NAICS codes (full vs limited service is not split under SIC). More years load in stages.

Nearby markets (within 5 miles)

ZCTA	Distance	Restaurants	Year
55391	3.0 mi	38	2023
55384	4.7 mi	5	2023
55447	4.7 mi	51	2023

Distance is centroid to centroid (Census Gazetteer). Restaurants: latest ZBP year on file for that ZIP.