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Home Minnesota ZIP 55124

Food Truck Market: ZIP 55124

Opportunity Score
79 / 100 Good
Based on walkability, population density, income levels, and food truck competition.

Market Profile

ZIP 55124 sits in the above-average walkability at 12.4/20 on the EPA index. Median income runs 33% above the national median — $99,354 vs. $74,580 nationally. High foot traffic and real purchasing power make this one of the stronger food truck markets in the country. The tradeoff: commissary kitchen rates and permit fees are elevated to match.

Market Summary

ZIP 55124 is an urban area with moderate foot traffic. with a population of 55,675 and household incomes above the national median ($99,354). There are 83 restaurants here but no registered food trucks — an untapped market with proven dining demand.

Area Profile

55,675
Population
$99,354
Median Income
+33% vs. national
Urban
Area Type
12.4/20
Foot Traffic
Walkable
Median Age: 37.0 — mixed-age market, broad menu appeal.
College-Educated: 30.7% — balanced market for quality & value.

Competition

Food service establishments in ZIP 55124.

36
Sit-Down Restaurants
6.5 per 10K residents
47
Fast Food / Counter
8.4 per 10K residents

Operating Costs

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

$1,910
2BR Fair Market Rent
$1,676
Median Gross Rent
$350 K
Median Home Value
13
Bank Branches
$1.5 M 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

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.

Data sources

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