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Trademark Attorneys Market: ZIP 55118

Opportunity Score
68 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 55118 is an urban area with moderate foot traffic. with a population of 29,396 and household incomes above the national median ($85,229). There are 12 trademark attorneys operations in ZIP 55118.

Area Profile

29,396
Population
$85,229
Median Income
+14% vs. national
Urban
Area Type
12.6/20
Foot Traffic
Walkable
Median Age: 42.1 — older demographic, may prefer sit-down options.
College-Educated: 33.5% — balanced market for quality & value.

Competition

Trademark Attorneys and related businesses in ZIP 55118.

12
Trademark Attorneys
Moderate — proven market
4.1 per 10K residents

Operating Costs

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

$1,550
2BR Fair Market Rent
$1,215
Median Gross Rent
$330 K
Median Home Value
10
Bank Branches
$1.1 M deposits

Tips for Starting a Trademark Filing Business in Minnesota

  • A federal trademark application costs $250-$350 per class through TEAS. That's the USPTO filing fee alone. Attorney fees add $1,000-$2,000.
  • Run a comprehensive trademark search before filing. The USPTO rejects about 30% of applications, and most rejections are due to likelihood of confusion with existing marks.
  • State trademark registrations are cheaper ($50-$150) but only protect within that state. Federal registration is worth the premium for any business selling online.
  • The trademark process takes 8-12 months from filing to registration if nothing goes wrong. If someone opposes, add another 6-12 months.

Data sources

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