BMIE Market 55364

Hennepin County, Minnesota · ZCTA boundaries as of 2020

Profile

Population (current estimate)	14,097 2020–2024 ACS 5-year estimate ±530 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B01003_001E · on 2020 boundaries · retrieved 2026-09-05
Households	6,392 2020–2024 ACS 5-year estimate ±348 · 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	14,353 2010 Census count · Decennial Census · Census Gazetteer ZCTA 2010 · POP10 · on 2010 boundaries · retrieved 2026-09-04
Housing units	6,455 2010 Census count · Decennial Census · Census Gazetteer ZCTA 2010 · HU10 · on 2010 boundaries · retrieved 2026-09-04
Median household income	$108,725 2020–2024 ACS 5-year estimate ±19,582 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B19013_001E · on 2020 boundaries · retrieved 2026-09-05
Median age	46.5 2020–2024 ACS 5-year estimate ±4 · 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	$1,105 2020–2024 ACS 5-year estimate ±253 · 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	$459,400 2020–2024 ACS 5-year estimate ±43,926 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B25077_001E · on 2020 boundaries · retrieved 2026-09-05
Land area	15.2 sq mi Census Gazetteer 2020
Restaurants	11 2023 · U.S. Census Bureau, ZIP Code Business Patterns 2023 detail (NAICS2022) · by USPS ZIP 55364
Restaurants per 10,000 residents	5.6 DERIVED: 2010 restaurants (ZIP) ÷ 2010 Census population (ZCTA) · different years, stated as such
Restaurant growth, 5-year	+0.0% DERIVED: 2018 → 2023, ZIP Code Business Patterns restaurants
Restaurant growth, 10-year	+22.2% DERIVED: 2013 → 2023, ZIP Code Business Patterns restaurants
Restaurant growth, 20-year	+22.2% DERIVED: 2003 → 2023, ZIP Code Business Patterns restaurants
Restaurant growth, Longest on file	+37.5% DERIVED: 1994 → 2023, ZIP Code Business Patterns restaurants
Projected restaurants, 2028	13 (range 10–16) FORECAST · linear trend v1 fitted to 2013–2023 (11 points, +0.2 per year, r² 0.31) · 80% range · confidence Low · momentum, not a guarantee
Projected population, 5 years ahead	Needs more ACS years on file
BMIE Market Score	71 / 100 MODELED · bmie_market_score v1 · confidence High · why?
Consumer Market Score	80 / 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	50 / 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 55364. Projection: linear trend v1, fitted 2013–2023, +0.2 restaurants per year, r² 0.31, 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: 71 (High confidence)

Component	Value	Rank	Weight	Adds
Consumer Market Score	80.2	80	40%	+32.1
Restaurant Opportunity Score	75.4	75	35%	+26.4
Market Momentum Score	49.8	50	25%	+12.5

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

Consumer Market Score: 80 (High confidence)

Component	Value	Rank	Weight	Adds
Population (ACS)	14,097	76	40%	+30.3
Median household income (ACS)	108,725	86	40%	+34.4
Households (ACS)	6,392	78	20%	+15.6

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

Restaurant Opportunity Score: 75 (High confidence)

Component	Value	Rank	Weight	Adds
10-year restaurant growth	22.2	65	35%	+22.8
Restaurants per 10,000 residents (lower = more room)	7.8	81	25%	+20.3
Population (ACS)	14,097	76	20%	+15.1
Median household income (ACS)	108,725	86	20%	+17.2

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

Market Momentum Score: 50 (High confidence)

Component	Value	Rank	Weight	Adds
5-year restaurant growth	0	42	50%	+20.9
10-year restaurant growth	22.2	65	30%	+19.5
20-year restaurant growth	22.2	47	20%	+9.4

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 (21)

By cuisine

American 2 · Coffee 2 · Dessert 2 · Pizza 2 · Chinese 1 · Ice cream / frozen desserts 1 · Italian 1 · Mexican 1 · Sandwiches 1

By type

Restaurant (service type not stated) 9 · Bar 6 · Casual dining 4 · Café 2 · Coffee shop 2 · Dessert 2 · Winery / distillery / taproom 2 · Delivery-focused 1 · Other 1 · Quick service 1

Name	Type	Cuisine	Address	Status
Al & Almas Supper Club & Charter Cruises	Restaurant (service type not stated)		5201 Piper Rd	open
Back Channel Brewing	Bar		4309 Wilshire Blvd	open
Baco's Smokin Hot Tub Bar and Grill	Restaurant (service type not stated) · Bar		Noble Labe	open
Carbone's Pizzeria Bar and Grill	Casual dining · Bar	Italian · Pizza	2155 Commerce Blvd	open
Caribou Coffee Caribou Coffee	Coffee shop · Restaurant (service type not stated) · Café	Coffee	5401 Shoreline Dr	open
Caribou Coffee Caribou Coffee	Coffee shop · Restaurant (service type not stated) · Café	Coffee	4751 Kings Point Rd	open
Dakota Junction	Casual dining		2281 Commerce Blvd	open
Domino's Domino's Pizza	Quick service · Delivery-focused	Pizza	5309 Shoreline Drive	open
Everly Farms Winery	Winery / distillery / taproom		6480 County Rd 26	open
Jade Palace Restaurant	Restaurant (service type not stated)	Chinese	2212 Commerce Blvd	open
Joe's Tikibar	Bar · Casual dining		3105 Cardinal Cove Dr	open
K&J Club 93	Bar		3124 Tuxedo Blvd	open
Lost Lake Creamery	Dessert	Ice cream / frozen desserts · Dessert	5575 Shoreline Dr	open
Palenque Mexican restaurant Mound, MN	Restaurant (service type not stated)	Mexican	2195 Commerce Blvd	open
Scotty B's	Restaurant (service type not stated)	American	2195 Commerce Blvd	open
Seasons	Restaurant (service type not stated)		2189 Commerce Blvd	open
Subway	Other	Sandwiches	2145 Commerce Blvd	open
Surfside Bar & Grill	Casual dining · Bar	American	2544 Commerce Blvd	open
Tank Goodness	Dessert	Dessert	2155 Commerce Blvd	open
Vingrotto	Winery / distillery / taproom		1015 W Cove Ln	open
Willette Companies Inc	Restaurant (service type not stated)		2155 Commerce 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	8	8	—	—	—	—	SIC1987
1995	6	6	—	—	—	—	SIC1987
1996	8	8	—	—	—	—	SIC1987
1997	9	9	—	—	—	—	SIC1987
1998	9	9	5	4	—	—	NAICS1997
1999	7	7	4	3	—	—	NAICS1997
2000	8	8	5	3	—	—	NAICS1997
2001	7	7	5	2	—	—	NAICS1997
2002	10	9	5	2	2	—	NAICS1997
2003	10	9	4	3	2	—	NAICS2002
2004	10	8	4	3	1	1	NAICS2002
2005	10	8	3	4	1	1	NAICS2002
2006	11	10	4	5	1	—	NAICS2002
2007	11	11	5	4	2	—	NAICS2002
2008	11	11	5	4	2	—	NAICS2007
2009	9	9	4	4	1	—	NAICS2007
2010	8	8	4	3	1	—	NAICS2007
2011	8	8	5	2	1	—	NAICS2007
2012	10	9	5	3	1	—	NAICS2012
2013	10	9	5	3	1	—	NAICS2012
2014	12	11	5	4	2	—	NAICS2012
2015	14	11	5	5	1	—	NAICS2012
2016	13	10	5	4	1	—	NAICS2012
2017	17	12	6	5	—	—	NAICS2017
2018	12	11	5	5	—	—	NAICS2017
2019	13	11	5	5	—	—	NAICS2017
2020	12	11	5	5	—	—	NAICS2017
2021	13	11	5	4	—	—	NAICS2017
2022	17	15	7	6	—	—	NAICS2022
2023	12	11	5	4	—	—	NAICS2022

U.S. Census Bureau, ZIP Code Business Patterns, by USPS ZIP 55364. 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
55384	2.2 mi	5	2023
55375	3.9 mi	7	2023
55331	4.2 mi	33	2023
55359	4.8 mi	6	2023

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