Small Business in Prior Lake

The city's median age is 40, and the average household size is 2.74, indicating a mix of young professionals, families, and retirees contributing to local economic activity. The median household income stands at $130,278, reflecting the community’s purchasing power and potential demand for various services. Prior Lake supports a diverse small business ecosystem, this particular report covers 26 home service industries, with 3796 operating businesses.

Industries overview
Number of companies by home service industry in Prior Lake
New websites
258
+26.47%
in 2024 compared to 2023
Total websites
3,089
+9.19% (+258)
increase from 2023 to 2024
New franchise locations
New home service franchise locations in Prior Lake
Profile Launched
TruBlue of Edina & Prior Lake
Feb, 2023
CubeSmart Self Storage
Mar, 2019
Mosquito Squad of Twin Cities
Nov, 2014