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Food Truck Market: ZIP 55316

Opportunity Score

84 / 100 Excellent

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

Market Profile

ZIP 55316 sits in the above-average walkability at 11.4/20 on the EPA index. Median income runs 55% above the national median — $115,719 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 55316 is an urban area with moderate foot traffic. with a population of 23,450 and household incomes well above the national median ($115,719). There are 32 restaurants here but no registered food trucks — an untapped market with proven dining demand.

Area Profile

23,450

Population

$115,719

Median Income

+55% vs. national

Urban

Area Type

11.4/20

Foot Traffic

Walkable

Median Age: 41.1 — older demographic, may prefer sit-down options.

College-Educated: 26.0% — balanced market for quality & value.

Competition

Food service establishments in ZIP 55316.

Sit-Down Restaurants

5.1 per 10K residents

Fast Food / Counter

8.5 per 10K residents

Operating Costs

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

$1,880

2BR Fair Market Rent

$1,597

Median Gross Rent

$340 K

Median Home Value

Bank Branches

$310 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

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.