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BMIE Market 55375

Hennepin County, Minnesota · ZCTA boundaries as of 2020

Profile

Population (current estimate)4,326
2020–2024 ACS 5-year estimate ±497 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B01003_001E · on 2020 boundaries · retrieved 2026-09-05
Households1,451
2020–2024 ACS 5-year estimate ±169 · 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 count4,518
2010 Census count · Decennial Census · Census Gazetteer ZCTA 2010 · POP10 · on 2010 boundaries · retrieved 2026-09-04
Housing units1,480
2010 Census count · Decennial Census · Census Gazetteer ZCTA 2010 · HU10 · on 2010 boundaries · retrieved 2026-09-04
Median household income$130,893
2020–2024 ACS 5-year estimate ±26,537 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B19013_001E · on 2020 boundaries · retrieved 2026-09-05
Median age35.7
2020–2024 ACS 5-year estimate ±1 · 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$1,226
2020–2024 ACS 5-year estimate ±205 · 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$425,700
2020–2024 ACS 5-year estimate ±19,335 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B25077_001E · on 2020 boundaries · retrieved 2026-09-05
Land area5.1 sq mi
Census Gazetteer 2020
Restaurants7
2023 · U.S. Census Bureau, ZIP Code Business Patterns 2023 detail (NAICS2022) · by USPS ZIP 55375
Restaurants per 10,000 residents2.2
DERIVED: 2010 restaurants (ZIP) ÷ 2010 Census population (ZCTA) · different years, stated as such
Restaurant growth, 5-year+0.0%
DERIVED: 2017 → 2022, ZIP Code Business Patterns restaurants
Restaurant growth, 10-year+40.0%
DERIVED: 2013 → 2023, ZIP Code Business Patterns restaurants
Restaurant growth, 20-year+200.0%
DERIVED: 1999 → 2019, ZIP Code Business Patterns restaurants
Restaurant growth, Longest on file+600.0%
DERIVED: 1994 → 2023, ZIP Code Business Patterns restaurants
Projected restaurants, 20285 (range 2–8)
FORECAST · linear trend v1 fitted to 2010–2023 (11 points, +0.2 per year, r² 0.26) · 80% range · confidence Low · momentum, not a guarantee
Projected population, 5 years aheadNeeds more ACS years on file
BMIE Market Score69 / 100
MODELED · bmie_market_score v1 · confidence High · why?
Consumer Market Score72 / 100
MODELED · consumer_market_score v1 · confidence High · why?
Restaurant Opportunity Score69 / 100
MODELED · restaurant_opportunity_score v1 · confidence High · why?
Market Momentum Score63 / 100
MODELED · market_momentum_score v1 · confidence High · why?

Map

Boundary: U.S. Census Bureau cartographic file, 1:500k, 2020 vintage. Basemap © OpenStreetMap contributors.

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: 69 (High confidence)

ComponentValueRankWeightAdds
Consumer Market Score71.67240%+28.7
Restaurant Opportunity Score69.46935%+24.3
Market Momentum Score62.66325%+15.6
Health index, advertising, whitespace, competition and risk components join in later versions.

Consumer Market Score: 72 (High confidence)

ComponentValueRankWeightAdds
Population (ACS)4,3265840%+23.2
Median household income (ACS)130,8939340%+37.3
Households (ACS)1,4515620%+11.2
Percentile-rank composite. No spending model yet: income and size stand in for spending capacity.

Restaurant Opportunity Score: 69 (High confidence)

ComponentValueRankWeightAdds
10-year restaurant growth407735%+27.0
Restaurants per 10,000 residents (lower = more room)16.24925%+12.2
Population (ACS)4,3265820%+11.6
Median household income (ACS)130,8939320%+18.6
Whitespace, competition and demand signals are not yet available; this version uses growth, density, size and income only.

Market Momentum Score: 63 (High confidence)

ComponentValueRankWeightAdds
5-year restaurant growth04250%+20.9
10-year restaurant growth407730%+23.1
20-year restaurant growth2009320%+18.6
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 (10)

By cuisine

American 3 · Coffee 3 · BBQ 1 · Breakfast 1 · Sandwiches 1

By type

Restaurant (service type not stated) 7 · Bar 3 · Coffee shop 3 · Café 1 · Casual dining 1 · Catering 1 · Food truck 1 · Quick service 1

NameTypeCuisineAddressStatus
Buddy Boy Fine BarbequeRestaurant (service type not stated)BBQ · American8175 MN-7open
Cox Culinary Arts LlcRestaurant (service type not stated)8175 Highway 7open
Crown College Coffee ShopCoffee shopCoffee8700 College View Dropen
Grumpy's on MainCasual dining · Restaurant (service type not stated) · Bar4113 Main Stopen
Hash HouseRestaurant (service type not stated)Breakfast · American8175 MN-7open
Mocha MonkeyCoffee shop · CaféCoffee4080 Tower Stopen
Molly'sRestaurant (service type not stated) · Bar · Coffee shopCoffee · American8516 Kennedy Memorial Dropen
Soup Du Joor | Lalu 55 StudiosFood truck · Restaurant (service type not stated) · Catering8655 Kennedy Memorial Dropen
Subway SubwayQuick service · Restaurant (service type not stated)Sandwiches4195 Main Stopen
The CrossbarBar4124 Main Stopen
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

YearAll food serviceRestaurantsFull-serviceLimited-serviceSnack & beverageBarsIndustry codes
1994413SIC1987
1995312SIC1987
1996422SIC1987
1997422SIC1987
19985222NAICS1997
19994112NAICS1997
20004112NAICS1997
200141NAICS1997
200231NAICS1997
200331NAICS2002
200441NAICS2002
200531NAICS2002
200631NAICS2002
200731NAICS2002
20084111NAICS2007
20094111NAICS2007
20104111NAICS2007
20116222NAICS2007
201284312NAICS2012
201385231NAICS2012
201484221NAICS2012
201574221NAICS2012
2016113211NAICS2012
2017103NAICS2017
20188NAICS2017
201993NAICS2017
20209NAICS2017
20218NAICS2017
2022103NAICS2022
20231575NAICS2022
U.S. Census Bureau, ZIP Code Business Patterns, by USPS ZIP 55375. 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)

ZCTADistanceRestaurantsYear
553873.7 mi282023
553643.9 mi112023
553864.0 mi92023
Distance is centroid to centroid (Census Gazetteer). Restaurants: latest ZBP year on file for that ZIP.