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Food Truck Market: ZIP 55116

Opportunity Score

77 / 100 Good

Based on walkability, population density, income levels, and food truck competition.

Market Profile

ZIP 55116 has strong foot traffic at 14.2/20 on the EPA walkability index. Income near the national average ($83,156). Lunch and quick-service formats do well here. Premium pricing is harder to sustain than in high-income urban cores — keep your menu math tight.

Market Summary

ZIP 55116 is an urban area with moderate foot traffic. with a population of 26,099 and household incomes above the national median ($83,156). There are 39 restaurants here but no registered food trucks — an untapped market with proven dining demand.

Area Profile

26,099

Population

$83,156

Median Income

+11% vs. national

Urban

Area Type

14.2/20

Foot Traffic

Very Car-Dependent

Median Age: 41.2 — older demographic, may prefer sit-down options.

College-Educated: 43.5% — strong appetite for artisan/specialty food.

Competition

Food service establishments in ZIP 55116.

Sit-Down Restaurants

6.9 per 10K residents

Fast Food / Counter

8.0 per 10K residents

Operating Costs

Local cost levels affect commissary kitchen rates, permits, and event vendor pricing.

$1,610

2BR Fair Market Rent

$1,279

Median Gross Rent

$410 K

Median Home Value

Bank Branches

$1.1 M deposits

Commissary estimate: This is a higher-cost area. Monthly commissary kitchen rentals typically run $190–$390 in markets like this.

What to Expect Here

Fixed Location Beats Roaming

High-foot-traffic areas reward consistency. If you can secure a recurring spot near offices or transit stops, build your weekly schedule around it. Regular customers drive more revenue than novelty seekers.