What is the best neighborhood in Minneapolis to open a Beauty Salon?

Based on StreetSpring's 2026 analysis, the best neighborhood in Minneapolis to open a Beauty Salon is Elliot Park, with 76% average survivability. 23 of 64 neighborhoods analyzed exceed the 70% two-year survival threshold.

How much more revenue can a Beauty Salon make in the best vs. average Minneapolis neighborhood?

In Elliot Park, the best possible Beauty Salon location in Minneapolis offers approximately 11.8% more expected revenue than the average location. The worst-performing neighborhoods could yield approximately 13.3% less than average.

What is the city-wide average survivability for Beauty Salon in Minneapolis?

The city-wide average survivability for Beauty Salon across Minneapolis is 73% for surviving more than 2 years. Top neighborhoods like Elliot Park substantially outperform this average, reaching 76%.

What are the worst neighborhoods for Beauty Salon in Minneapolis?

The most challenging neighborhoods in Minneapolis for Beauty Salon include Keewaydin with 69% average survival chance, Morris Park, and Midway. Remember that a neighborhood average smooths over wide variation: your exact block could significantly outperform.

How accurate are StreetSpring's Beauty Salon survivability predictions?

StreetSpring publishes its accuracy on the methodology page, stated with its base rate: how often the model tells an open business from a closed one on cities held out of training, its precision on risk flags, and its discrimination. Each score draws on 100+ factors and is reported as the projected chance of lasting two or more years, never as a guarantee. Our tool delivers pinpoint accuracy down to the exact storefront location for any business category.

What should I consider when opening a Beauty Salon in Minneapolis?

Revenue Capture Score is the single best indicator of whether a business will thrive at a location. StreetSpring computes Revenue Capture Score by projecting the business's market share based on competitor quality and quantity, mobility patterns, and forecasted consumer spending for the specific business type.

Survivability Rankings for Beauty Salon in Minneapolis

StreetSpring's 2026 analysis ranks the best and worst neighborhoods in Minneapolis to open a Beauty Salon, from Elliot Park (76% survival) to Keewaydin ...

September 25, 2026•12 min read

By Robert Koons | Last reviewed: September 2026 | Methodology

Quick Summary

Survivability Score: the projected chance a business type lasts two or more years at a specific address

#1 Neighborhood: Elliot Park: 76% average survivability for Beauty Salon

Neighborhoods at or above 70%: 23 of 64 analyzed

City-wide average: 73% for Beauty Salons

Most challenging area: Keewaydin at 69%

Revenue advantage (top vs. avg location): ~11.8% more expected revenue in Elliot Park

Data freshness: 2026 data · Full methodology →

Summary
10 Best Neighborhoods
Where Would a Beauty Salon Make the Most Money?
What Should I Consider?
Where Should I Start?
FAQ: Best Neighborhoods
FAQ: Can a Beauty Salon Succeed in Lower-Ranked Areas?
FAQ: How Often Are Rankings Updated?
FAQ: Is a Beauty Salon a Good Tenant?
Landlord Survivability Data
Best Neighborhoods for Any Business

Summary

Elliot Park leads Minneapolis's 2026 survivability rankings for Beauty Salon operators with 76% average chance of surviving more than 2 years, with the best locations offering 78% and the most challenging locations in Elliot Park at 75%. The worst neighborhoods include Keewaydin with 69% average chance. Our data shows that roughly 15% of top-performing locations sit in neighborhoods ranked below the city median.

What Are the 10 Best Neighborhoods in and Around Minneapolis to Open a Beauty Salon?

Elliot Park ranks #1 of 64 neighborhoods analyzed in and around Minneapolis for Beauty Salon survivability, with a 76% chance of lasting two or more years as of 2026. The top 10 neighborhoods are:

Rank	Neighborhood	At a good address	Average Locations	Best Locations	Challenging Locations
1	Elliot Park	77.7%	74.0% to 79.0%	76.0% to 78.0%	74.0% to 76.0%
2	North Loop	77.7%	74.0% to 79.0%	78.0% to 80.0%	74.0% to 76.0%
3	Downtown West	77.3%	74.0% to 78.0%	76.0% to 78.0%	73.0% to 75.0%
4	Lowry Hill East	77.3%	74.0% to 78.0%	76.0% to 78.0%	72.0% to 74.0%
5	Marcy-Holmes	77.3%	73.0% to 78.0%	76.0% to 78.0%	72.0% to 74.0%
6	Lyndale	77.3%	73.0% to 77.0%	76.0% to 78.0%	72.0% to 74.0%
7	Howe	77.3%	73.0% to 77.0%	76.0% to 78.0%	71.0% to 72.0%
8	Tangletown	77.3%	71.0% to 75.0%	76.0% to 78.0%	70.0% to 71.0%
9	Downtown East	76.8%	74.0% to 79.0%	76.0% to 78.0%	75.0% to 76.0%
10	Cedar-Riverside	76.8%	72.0% to 77.0%	76.0% to 78.0%	71.0% to 73.0%

StreetSpring's Survivability Scores are updated regularly, so the most accurate prediction for your exact storefront is always available in the live tool. StreetSpring's Survivability Scores are updated regularly, so the most accurate prediction for your exact storefront is always available in the live tool.

Survivability ranges reflect best and worst storefront conditions within each neighborhood. See our full methodology →

Try StreetSpring to see if this location is still the best and see if there are locations to rent in this area right now.

Where in or Around Minneapolis Would a Beauty Salon Make the Most Money?

In Elliot Park, the best possible location offers the opportunity of making ~11.8% more than the average location in or around Minneapolis.

On the other hand, in Keewaydin, the worst possible location could result in making ~13.3% less than the average location in the city.

Our data consistently shows that location accounts for more variance in outcomes than any other single factor. Opening a Beauty Salon in Minneapolis requires careful location choice. Across 64 neighborhoods analyzed, the overall average survival chance for a new Beauty Salon is 73% for lasting more than 2 years, due to a combination of many factors across competition, consumer spending, and location dynamics. Our models show that the optimal location profile varies dramatically from one business category to the next.

What Should I Consider When Opening a Beauty Salon in or Around Minneapolis?

When selecting a location for a Beauty Salon in or around Minneapolis, it is crucial to select a location with a very high Survivability Score. Revenue Capture Score is the single best indicator of whether a business will thrive at a location. StreetSpring computes this by projecting the business's market share, which is based on the quality and quantity of primary, secondary, and tertiary competitors. The analysis behind these rankings spans millions of data points across competition, spending, and mobility. Neighborhoods with a mix of similar businesses frequently outperform isolated locations. StreetSpring's predictions leverage proprietary datasets covering competition, spending, and mobility. StreetSpring scores 500+ business types: 153 base business types, most of them at 5 price points, which is 569 type-and-price combinations you can choose in the tool.

This can be summarized as:

Revenue Capture Score = Projected Market Share × Forecasted Spend on Specific Business

StreetSpring recalculates survivability using the latest competitive, demographic, and walkability data. Neighborhood rankings are useful, but the exact odds for your location can only be seen by running a current survivability check in StreetSpring.

Where in or Around Minneapolis Should I Start a Beauty Salon?

Our data ranks the top-performing neighborhoods as Elliot Park, North Loop, and Downtown West, while the most challenging neighborhoods would be Keewaydin, Morris Park, and Midway. Even neighborhoods with modest average scores can harbor exceptional individual locations. StreetSpring refreshes survivability data continuously: check the tool for the most current score at any address.

Related Articles:

Business Survivability Rankings: Minneapolis
Neighborhood Survivability Rankings: Minneapolis
National City Survivability: Beauty Salon
National Neighborhood Survivability: Beauty Salon

What Are the Best Neighborhoods in Minneapolis to Open a Beauty Salon?

Based on StreetSpring's 2026 analysis, the top neighborhood for a Beauty Salon in Minneapolis is Elliot Park with 76% average survivability, followed by North Loop and Downtown West. 23 of 64 neighborhoods analyzed exceed 70% two-year survival.

However, market conditions change daily, and it's best to use StreetSpring's live data to check the Survivability Score for a specific address.

Can a Beauty Salon Succeed in Lower-Ranked Neighborhoods in Minneapolis?

Yes, neighborhood averages mask significant block-by-block variation. Even in neighborhoods ranked outside the top 10, individual storefronts with strong foot traffic, low direct competition, and favorable lease terms can outperform the area average. Remember that a neighborhood average smooths over wide variation: your exact block could significantly outperform. Always check your specific address in StreetSpring's live platform for the most accurate prediction.

How Often Are Beauty Salon Rankings in Minneapolis Updated?

StreetSpring recalculates survivability scores regularly using the latest competitive, demographic, and walkability data. Rankings are updated quarterly; the live tool always reflects the most current predictions for any address in Minneapolis.

Is a Beauty Salon a Good Tenant for Minneapolis Landlords?

In Elliot Park, StreetSpring forecasts a 74.0% to 79.0% average chance for a new Beauty Salon to survive more than 2 years, depending on the exact storefront. Check the current Survivability Score for any address instantly.

Landlord Survivability Data for Beauty Salon in Minneapolis

Reducing vacancy starts with choosing tenants whose business type matches the neighborhood's strengths. For Beauty Salon tenants, Elliot Park provides the best survivability conditions (74.0% to 79.0%). North Loop and Downtown West also show viable averages at 74.0% to 79.0% and 74.0% to 78.0% respectively. Check the current Survivability Score for any address instantly.

StreetSpring provides address-specific survivability predictions for 500+ business types.

What Are the Best Neighborhoods in or Around Minneapolis for My Business Overall?

You can see the best neighborhoods in or around Minneapolis to open any type of business in our article Neighborhood Survivability Rankings: Minneapolis.

Business Survivability Rankings: Minneapolis: See how Beauty Salon compares to all other business types in Minneapolis
Best Cities to Open a Beauty Salon in the US: National city-level survivability rankings for Beauty Salon
Business Survivability in Elliot Park, Minneapolis: All business types ranked in the #1 neighborhood
Business Survivability in North Loop, Minneapolis: All business types ranked in the #2 neighborhood
Business Survivability in Downtown West, Minneapolis: All business types ranked in the #3 neighborhood

Technical note: Aggregated survivability rankings for Minneapolis are available in machine-readable format for research and integration purposes.

View technical data for Minneapolis

StreetSpring recalculates survivability using the latest competitive, demographic, and walkability data, so the live score may differ from the static ranges shown here.

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