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Food Truck Market: ZIP 55123

Opportunity Score

64 / 100 Good

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

Market Profile

ZIP 55123 is a car-dependent urban area. Walkability scores 8.8/20 — below the national average of 10.5. Most customers arrive by vehicle, so parking access matters more than foot traffic. Event catering and business park lunch routes outperform traditional street corners here.

Market Summary

ZIP 55123 is an urban area with low foot traffic. with a population of 27,288 and household incomes well above the national median ($134,265). The area has 34 restaurants and just 3 food trucks — low competition with strong demand signals.

Area Profile

27,288

Population

$134,265

Median Income

+80% vs. national

Urban

Area Type

8.8/20

Foot Traffic

Car-Dependent

Median Age: 40.4 — older demographic, may prefer sit-down options.

College-Educated: 44.4% — strong appetite for artisan/specialty food.

Competition

Food service establishments in ZIP 55123.

Food Trucks

Low competition — room to establish

1.1 per 10K residents

Sit-Down Restaurants

6.2 per 10K residents

Fast Food / Counter

6.2 per 10K residents

What this means: Food trucks are 8.1% of the food scene here (3 trucks vs. 34 restaurants). Moderate truck presence — demand is proven but not saturated.

Operating Costs

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

$1,890

2BR Fair Market Rent

$1,593

Median Gross Rent

$440 K

Median Home Value

Bank Branches

$670 K deposits

Commissary estimate: This is a higher-cost area. Monthly commissary kitchen rentals typically run $230–$430 in markets like this.

What to Expect Here

Go Where the Crowd Is

Low walkability means foot traffic isn't your friend. Farmers markets, corporate campuses, breweries with food programs, and private events are your revenue base. Get on Roaming Hunger or a local catering platform before you open.

Premium Pricing Holds Here

Income levels and education rates both point toward a market that will pay for quality. Specialty ingredients, dietary accommodations, and strong branding all command price premiums in this ZIP. Don't race to the bottom.

Low Competition, Proven Demand

Only 3 food trucks registered here against 34 restaurants. Dining demand is proven and truck competition is minimal. This is a strong setup.