Duluth, MN-WI

Business Ideas & Market Opportunities

The Duluth market is currently outpacing the national growth rate. Our analysis identifies 36 active sectors where local supply has not yet met the demand indicated by the national baseline.

Active Local Businesses

7,663

Total Competition Pool

Market Size

281K

Total Metro Population

5-Year Growth Rate

+5.6%

🔥 Outpacing US(+0.1% avg)

Underserved Sectors

94

Niches with LQ < 0.8

Analyst Tip

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Showing 20 of 173 opportunities

Offices of All Other Miscellaneous Health Practitioners

Growth
+100.0%
Scale
$164K PAY
Saturation
0.59
184 establishments

Offices of Mental Health Practitioners (except Physicians)

Growth
+100.0%
Scale
$276K PAY
Saturation
0.70
28 establishments

All Other Health and Personal Care Stores

Growth
+87.5%
Scale
$360K PAY
Saturation
1.82
15 establishments

Nail Salons

Growth
+83.3%
Scale
$302K PAY
Saturation
0.37
37 establishments

Tobacco Stores

Growth
+77.8%
Scale
$151K PAY
Saturation
0.92
16 establishments

Other Services to Buildings and Dwellings

Growth
+71.4%
Scale
$237K PAY
Saturation
0.79
12 establishments

Caterers

Growth
+66.7%
Scale
$191K PAY
Saturation
0.91
10 establishments

Family Planning Centers

Growth
+57.1%
Scale
$272K PAY
Saturation
4.29
11 establishments

Ready-Mix Concrete Manufacturing

Growth
+57.1%
Scale
$799K PAY
Saturation
2.60
11 establishments

All Other Miscellaneous Schools and Instruction

Growth
+57.1%
Scale
$151K PAY
Saturation
1.69
11 establishments

Recreational Goods Rental

Growth
+50.0%
Scale
$240K PAY
Saturation
5.94
26 establishments

Administrative Management and General Management Consulting Services

Growth
+50.0%
Scale
$580K PAY
Saturation
0.27
24 establishments

All Other Personal Services

Growth
+50.0%
Scale
$42K PAY
Saturation
0.57
12 establishments

Advertising Agencies

Growth
+50.0%
Scale
$812K PAY
Saturation
1.14
15 establishments

Recyclable Material Merchant Wholesalers

Growth
+50.0%
Scale
$542K PAY
Saturation
2.03
12 establishments

Residential Remodelers

Growth
+46.7%
Scale
$182K PAY
Saturation
1.19
135 establishments

Siding Contractors

Growth
+45.5%
Scale
$296K PAY
Saturation
2.21
16 establishments

All Other Outpatient Care Centers

Growth
+45.0%
Scale
$2.1M PAY
Saturation
1.71
29 establishments

Sports and Recreation Instruction

Growth
+44.4%
Scale
$76K PAY
Saturation
0.73
13 establishments

RV (Recreational Vehicle) Parks and Campgrounds

Growth
+42.9%
Scale
$107K PAY
Saturation
3.23
10 establishments

Analyst Insights & Due Diligence

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

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?