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Home Minnesota ZIP 55431

Food Truck Market: ZIP 55431

Opportunity Score
80 / 100 Excellent
Based on walkability, population density, income levels, and food truck competition.

Market Profile

ZIP 55431 sits in the above-average walkability at 12.1/20 on the EPA index. Median income runs 38% above the national median — $103,125 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 55431 is an urban area with moderate foot traffic. with a population of 19,075 and household incomes well above the national median ($103,125). There are 37 restaurants here but no registered food trucks — an untapped market with proven dining demand.

Area Profile

19,075
Population
$103,125
Median Income
+38% vs. national
Urban
Area Type
12.1/20
Foot Traffic
Walkable
Median Age: 43.1 — older demographic, may prefer sit-down options.
College-Educated: 36.1% — balanced market for quality & value.

Competition

Food service establishments in ZIP 55431.

14
Sit-Down Restaurants
7.3 per 10K residents
23
Fast Food / Counter
12.1 per 10K residents

Operating Costs

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

$2,080
2BR Fair Market Rent
$1,704
Median Gross Rent
$350 K
Median Home Value
6
Bank Branches
$2.9 M deposits
Commissary estimate: This is a high-cost area. Monthly commissary kitchen rentals typically run $250–$450 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