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BMIE Market 55384

Hennepin County, Minnesota · ZCTA boundaries as of 2020

Profile

Population (current estimate)1,896
2020–2024 ACS 5-year estimate ±307 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B01003_001E · on 2020 boundaries · retrieved 2026-09-05
Households1,235
2020–2024 ACS 5-year estimate ±211 · 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 count1,672
2010 Census count · Decennial Census · Census Gazetteer ZCTA 2010 · POP10 · on 2010 boundaries · retrieved 2026-09-04
Housing units1,073
2010 Census count · Decennial Census · Census Gazetteer ZCTA 2010 · HU10 · on 2010 boundaries · retrieved 2026-09-04
Median household income$48,315
2020–2024 ACS 5-year estimate ±11,872 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B19013_001E · on 2020 boundaries · retrieved 2026-09-05
Median age57.0
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$1,241
2020–2024 ACS 5-year estimate ±163 · 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$661,600
2020–2024 ACS 5-year estimate ±182,159 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B25077_001E · on 2020 boundaries · retrieved 2026-09-05
Land area0.4 sq mi
Census Gazetteer 2020
Restaurants5
2023 · U.S. Census Bureau, ZIP Code Business Patterns 2023 detail (NAICS2022) · by USPS ZIP 55384
Restaurants per 10,000 residents35.9
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-16.7%
DERIVED: 2013 → 2023, ZIP Code Business Patterns restaurants
Restaurant growth, 20-year-37.5%
DERIVED: 2003 → 2023, ZIP Code Business Patterns restaurants
Restaurant growth, Longest on file+0.0%
DERIVED: 1994 → 2023, ZIP Code Business Patterns restaurants
Projected restaurants, 20286 (range 4–8)
FORECAST · linear trend v1 fitted to 2013–2023 (11 points, 0.0 per year, r² 0.25) · 80% range · confidence Low · momentum, not a guarantee
Projected population, 5 years aheadNeeds more ACS years on file
BMIE Market Score28 / 100
MODELED · bmie_market_score v1 · confidence High · why?
Consumer Market Score33 / 100
MODELED · consumer_market_score v1 · confidence High · why?
Restaurant Opportunity Score23 / 100
MODELED · restaurant_opportunity_score v1 · confidence High · why?
Market Momentum Score27 / 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: 28 (High confidence)

ComponentValueRankWeightAdds
Consumer Market Score33.23340%+13.3
Restaurant Opportunity Score22.72335%+8.0
Market Momentum Score27.02725%+6.8
Health index, advertising, whitespace, competition and risk components join in later versions.

Consumer Market Score: 33 (High confidence)

ComponentValueRankWeightAdds
Population (ACS)1,8964440%+17.5
Median household income (ACS)48,3151340%+5.1
Households (ACS)1,2355320%+10.6
Percentile-rank composite. No spending model yet: income and size stand in for spending capacity.

Restaurant Opportunity Score: 23 (High confidence)

ComponentValueRankWeightAdds
10-year restaurant growth-16.71535%+5.3
Restaurants per 10,000 residents (lower = more room)26.42525%+6.1
Population (ACS)1,8964420%+8.8
Median household income (ACS)48,3151320%+2.6
Whitespace, competition and demand signals are not yet available; this version uses growth, density, size and income only.

Market Momentum Score: 27 (High confidence)

ComponentValueRankWeightAdds
5-year restaurant growth04250%+20.9
10-year restaurant growth-16.71530%+4.5
20-year restaurant growth-37.5820%+1.6
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 (9)

By cuisine

American 1 · Asian 1 · BBQ 1 · Coffee 1 · Healthy / salads / bowls 1 · Juice / smoothies 1 · Pizza 1 · Seafood 1

By type

Restaurant (service type not stated) 7 · Bar 2 · Brewery / taproom 1 · Café 1 · Casual dining 1 · Juice, smoothie, tea 1

NameTypeCuisineAddressStatus
Asian BistroRestaurant (service type not stated)Asian4669 Shoreline Dropen
Back Channel Brewing Co.Brewery / taproom · Bar4787 Shoreline Dropen
Cabana Anna'sRestaurant (service type not stated) · Casual dining · Bar4165 Shoreline Dropen
Contract Service Options LlcRestaurant (service type not stated)4165 Shoreline Dr Ste 120open
Minnetonka Drive InRestaurant (service type not stated)American4658 Shoreline Dropen
Papa Murphy's Take 'N' Bake PizzaRestaurant (service type not stated)Pizza4677 Shoreline Dropen
Tonka Grill & BbqRestaurant (service type not stated)BBQ4016 Shoreline Dropen
TruFit CafeJuice, smoothie, tea · CaféJuice / smoothies · Healthy / salads / bowls · Coffee4675 Shoreline Dropen
Vann RestaurantRestaurant (service type not stated)Seafood4016 Shoreline Dropen
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
1994651SIC1987
1995761SIC1987
199677SIC1987
199777SIC1987
19987651NAICS1997
19998862NAICS1997
20007761NAICS1997
20017761NAICS1997
20027761NAICS1997
20038862NAICS2002
20048871NAICS2002
20055541NAICS2002
20065541NAICS2002
200776411NAICS2002
200876411NAICS2007
200966411NAICS2007
20106651NAICS2007
20118752NAICS2007
20125541NAICS2012
20136651NAICS2012
20145541NAICS2012
20155541NAICS2012
20166541NAICS2012
2017654NAICS2017
2018654NAICS2017
2019754NAICS2017
2020554NAICS2017
2021654NAICS2017
2022654NAICS2022
2023654NAICS2022
U.S. Census Bureau, ZIP Code Business Patterns, by USPS ZIP 55384. 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
553642.2 mi112023
553312.6 mi332023
553914.7 mi382023
553564.7 mi122023
Distance is centroid to centroid (Census Gazetteer). Restaurants: latest ZBP year on file for that ZIP.