Bloomington, IL

Business Ideas & Market Opportunities

The Bloomington market is currently trailing the national growth rate. Our analysis identifies 17 active sectors where local supply has not yet met the demand indicated by the national baseline.

Active Local Businesses

3,901

Total Competition Pool

Market Size

171K

Total Metro Population

5-Year Growth Rate

-5.6%

⚠️ Trailing US(+0.1% avg)

Underserved Sectors

43

Niches with LQ < 0.8

Analyst Tip

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Showing 20 of 91 opportunities

Offices of All Other Miscellaneous Health Practitioners

Growth
+100.0%
Scale
$3183.0M REV
Saturation
0.96
86 establishments

Marketing Consulting Services

Growth
+100.0%
Scale
$96K PAY
Saturation
0.94
20 establishments

Offices of Mental Health Practitioners (except Physicians)

Growth
+100.0%
Scale
$820K PAY
Saturation
1.05
20 establishments

Administrative Management and General Management Consulting Services

Growth
+50.0%
Scale
$1.1M PAY
Saturation
0.42
18 establishments

Other Accounting Services

Growth
+38.5%
Scale
$1207.0M REV
Saturation
0.94
79 establishments

All Other Professional, Scientific, and Technical Services

Growth
+37.5%
Scale
$117K PAY
Saturation
1.10
11 establishments

Offices of Physical, Occupational and Speech Therapists, and Audiologists

Growth
+36.8%
Scale
$309K PAY
Saturation
1.25
26 establishments

All Other Miscellaneous Store Retailers (except Tobacco Stores)

Growth
+33.3%
Scale
$636K PAY
Saturation
1.23
12 establishments

Beer, Wine, and Liquor Stores

Growth
+33.3%
Scale
$134K PAY
Saturation
1.12
16 establishments

Pet Care (except Veterinary) Services

Growth
+28.6%
Scale
$227K PAY
Saturation
1.77
18 establishments

Child and Youth Services

Growth
+27.3%
Scale
$506K PAY
Saturation
2.19
14 establishments

Independent Artists, Writers, and Performers

Growth
+25.0%
Scale
$82K PAY
Saturation
0.63
10 establishments

Food Service Contractors

Growth
+23.8%
Scale
$317K PAY
Saturation
2.21
26 establishments

General Freight Trucking, Local

Growth
+23.5%
Scale
$145K PAY
Saturation
1.16
21 establishments

Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance

Growth
+22.2%
Scale
$485K PAY
Saturation
1.29
11 establishments

Industrial Machinery and Equipment Merchant Wholesalers

Growth
+22.2%
Scale
$884K PAY
Saturation
1.07
11 establishments

Custom Computer Programming Services

Growth
+20.8%
Scale
$540K PAY
Saturation
1.05
29 establishments

Other Individual and Family Services

Growth
+20.0%
Scale
$648K PAY
Saturation
1.21
18 establishments

Furniture Stores

Growth
+20.0%
Scale
$363K PAY
Saturation
1.39
12 establishments

Snack and Nonalcoholic Beverage Bars

Growth
+20.0%
Scale
$312K PAY
Saturation
0.87
35 establishments

Analyst Insights & Due Diligence

Administrative data provides the map, but not the terrain. We recommend three specific validation steps for Bloomington:

1

Demographic Fit

Does the local population age or income level explain the "Supply Gaps"? (e.g., A gap in luxury services may be due to lower local income).

2

Regulatory Check

Verify local licensing requirements. High barriers to entry often protect "High Yield" sectors from new competition.

3

Competitor Health

Investigate the "Momentum" sectors. Are existing businesses thriving, or is the growth due to high turnover and failure rates?