Ithaca, NY

Business Ideas & Market Opportunities

The Ithaca market is currently outpacing the national growth rate. Our analysis identifies 8 active sectors where local supply has not yet met the demand indicated by the national baseline.

Active Local Businesses

2,402

Total Competition Pool

Market Size

103K

Total Metro Population

5-Year Growth Rate

+1.5%

🔥 Outpacing US(+0.1% avg)

Underserved Sectors

29

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 64 opportunities

Other Scientific and Technical Consulting Services

Growth
+100.0%
Scale
$143K PAY
Saturation
1.49
10 establishments

Marketing Consulting Services

Growth
+100.0%
Scale
$583K PAY
Saturation
0.77
10 establishments

Offices of Mental Health Practitioners (except Physicians)

Growth
+100.0%
Scale
$479K PAY
Saturation
0.86
10 establishments

Educational Support Services

Growth
+83.3%
Scale
$147K PAY
Saturation
3.81
11 establishments

Site Preparation Contractors

Growth
+63.6%
Scale
$287K PAY
Saturation
1.95
18 establishments

Office Administrative Services

Growth
+57.1%
Scale
$364K PAY
Saturation
1.22
11 establishments

Residential Property Managers

Growth
+46.2%
Scale
$434K PAY
Saturation
1.26
19 establishments

All Other General Merchandise Stores

Growth
+44.4%
Scale
$200K PAY
Saturation
1.19
13 establishments

Offices of Physicians (except Mental Health Specialists)

Growth
+38.8%
Scale
$5022.0M REV
Saturation
1.34
158 establishments

Offices of All Other Miscellaneous Health Practitioners

Growth
+33.3%
Scale
$144K PAY
Saturation
0.90
146 establishments

Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)

Growth
+33.3%
Scale
$1.2M PAY
Saturation
5.18
16 establishments

Painting and Wall Covering Contractors

Growth
+25.0%
Scale
$122K PAY
Saturation
1.07
10 establishments

Pet Care (except Veterinary) Services

Growth
+25.0%
Scale
$91K PAY
Saturation
1.62
10 establishments

Fine Arts Schools

Growth
+25.0%
Scale
$96K PAY
Saturation
2.52
10 establishments

Hotels (except Casino Hotels) and Motels

Growth
+22.7%
Scale
$575K PAY
Saturation
2.11
27 establishments

Commercial Banking

Growth
+20.8%
Scale
$1.8M PAY
Saturation
1.53
29 establishments

Independent Artists, Writers, and Performers

Growth
+20.0%
Scale
$95K PAY
Saturation
1.24
12 establishments

Offices of Real Estate Agents and Brokers

Growth
+16.7%
Scale
$133K PAY
Saturation
0.52
21 establishments

Offices of Physical, Occupational and Speech Therapists, and Audiologists

Growth
+16.7%
Scale
$230K PAY
Saturation
1.10
14 establishments

Drinking Places (Alcoholic Beverages)

Growth
+15.8%
Scale
$146K PAY
Saturation
2.29
22 establishments

Analyst Insights & Due Diligence

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

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?