Is ZIP 55403 a good market for a food truck?

ZIP 55403 scores 66/100 on our food truck opportunity index — a good market. The score is calculated from walkability, median income, population density, and existing food truck competition.

What is the median household income in ZIP 55403?

The median household income in ZIP 55403 is $59,928, 20% below the national median of $74,580. Moderate incomes support a balance of quality and value-priced menus.

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Food Truck Costs Near Minneapolis, MN (55403)

Opportunity Score

66 / 100 Good

Based on walkability, population density, income levels, and local business competition.

Market Profile

ZIP 55403 is a car-dependent urban area. Walkability scores low — 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 55403 is an urban area. with a population of 17,354 and household incomes near the national median ($59,928). There are 47 restaurants here but no registered food trucks — an untapped market with proven dining demand.

Area Profile

17,354

Population

$59,928

Median Income

-20% vs. national

Urban

Area Type

Median Age: 34.3 — mixed-age market, broad menu appeal.

College-Educated: 48.9% — strong appetite for artisan/specialty food.

Competition

Food Trucks and related businesses in ZIP 55403.

Sit-Down Restaurants

16.7 per 10K residents

Fast Food / Counter

10.4 per 10K residents

Operating Costs

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

$1,199

Median Gross Rent

$290 K

Median Home Value

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.