Hammond, LA

Business Ideas & Market Opportunities

The Hammond market is currently outpacing the national growth rate. Our analysis identifies 19 active sectors where local supply has not yet met the demand indicated by the national baseline.

Active Local Businesses

3,538

Total Competition Pool

Market Size

135K

Total Metro Population

5-Year Growth Rate

+9.6%

🔥 Outpacing US(+0.1% avg)

Underserved Sectors

40

Niches with LQ < 0.8

Analyst Tip

Viewing all opportunities. Use the View Mode toggle above to filter by business model, or search to find specific niches.

Showing 20 of 66 opportunities

Roofing Contractors

Growth
+120.0%
Scale
$542K PAY
Saturation
1.50
11 establishments

Poured Concrete Foundation and Structure Contractors

Growth
+100.0%
Scale
$175K PAY
Saturation
1.86
12 establishments

Site Preparation Contractors

Growth
+100.0%
Scale
$451K PAY
Saturation
1.64
18 establishments

Offices of All Other Miscellaneous Health Practitioners

Growth
+63.6%
Scale
$3215.0M REV
Saturation
1.71
85 establishments

General Freight Trucking, Long-Distance, Truckload

Growth
+61.5%
Scale
$1.5M PAY
Saturation
1.24
21 establishments

Nail Salons

Growth
+57.1%
Scale
$3447.0M REV
Saturation
1.07
99 establishments

All Other Specialty Trade Contractors

Growth
+45.5%
Scale
$208K PAY
Saturation
1.31
16 establishments

Finish Carpentry Contractors

Growth
+42.9%
Scale
$359K PAY
Saturation
1.07
10 establishments

Snack and Nonalcoholic Beverage Bars

Growth
+40.9%
Scale
$459.0M REV
Saturation
1.25
54 establishments

Residential Remodelers

Growth
+37.5%
Scale
$133K PAY
Saturation
0.56
22 establishments

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

Growth
+37.5%
Scale
$183K PAY
Saturation
1.79
11 establishments

All Other Professional, Scientific, and Technical Services

Growth
+37.5%
Scale
$557K PAY
Saturation
1.52
11 establishments

General Warehousing and Storage

Growth
+37.5%
Scale
$4.9M PAY
Saturation
2.31
11 establishments

Tire Dealers

Growth
+33.3%
Scale
$171K PAY
Saturation
2.14
12 establishments

Home Health Care Services

Growth
+30.8%
Scale
$879K PAY
Saturation
1.44
17 establishments

Offices of Physical, Occupational and Speech Therapists, and Audiologists

Growth
+26.7%
Scale
$497K PAY
Saturation
1.26
19 establishments

Other Accounting Services

Growth
+25.0%
Scale
$2468.0M REV
Saturation
1.08
112 establishments

Lessors of Nonresidential Buildings (except Miniwarehouses)

Growth
+25.0%
Scale
$112K PAY
Saturation
1.49
15 establishments

Lessors of Residential Buildings and Dwellings

Growth
+22.7%
Scale
$57K PAY
Saturation
1.24
27 establishments

General Freight Trucking, Local

Growth
+22.2%
Scale
$382K PAY
Saturation
0.84
11 establishments

Analyst Insights & Due Diligence

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

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?