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Home ZIP 55016

Pet Businesses Market: ZIP 55016

Opportunity Score
63 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 55016 is an urban area with low foot traffic. with a population of 39,925 and household incomes well above the national median ($121,295). There are 3 pet businesses operations in ZIP 55016.

Area Profile

39,925
Population
$121,295
Median Income
+63% vs. national
Urban
Area Type
7.8/20
Foot Traffic
Car-Dependent
Median Age: 36.8 — mixed-age market, broad menu appeal.
College-Educated: 25.8% — balanced market for quality & value.

Competition

Pet Businesses and related businesses in ZIP 55016.

3
Pet Businesses
Low competition — room to establish
0.8 per 10K residents
3
Vet Services
0.8 per 10K residents
What this means: Pet Businesses are 50.0% of the relevant market in ZIP 55016 (3 vs. 3 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$2,130
2BR Fair Market Rent
$1,653
Median Gross Rent
$360 K
Median Home Value
4
Bank Branches
$540 K deposits

Quick Facts

Area Type
Urban
Foot Traffic
Car-Dependent
Pet Businesses
3
Related Businesses
3
Bank Branches
4

vs. National Average

Median Income
+63% vs. $74,580
Walkability
-2.7 pts vs. national avg

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Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits