Kokomo, IN

Business Ideas & Market Opportunities

The Kokomo market is currently outpacing the national growth rate. Our analysis identifies 11 active sectors where local supply has not yet met the demand indicated by the national baseline.

Active Local Businesses

1,923

Total Competition Pool

Market Size

84K

Total Metro Population

5-Year Growth Rate

+2.9%

🔥 Outpacing US(+0.1% avg)

Underserved Sectors

27

Niches with LQ < 0.8

Analyst Tip

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Showing 20 of 42 opportunities

Medical Laboratories

Growth
+233.3%
Scale
$481K PAY
Saturation
3.10
10 establishments

Offices of Optometrists

Growth
+87.5%
Scale
$318K PAY
Saturation
3.52
15 establishments

Offices of Physical, Occupational and Speech Therapists, and Audiologists

Growth
+69.2%
Scale
$355K PAY
Saturation
2.17
22 establishments

Snack and Nonalcoholic Beverage Bars

Growth
+46.7%
Scale
$203K PAY
Saturation
1.32
22 establishments

Tobacco Stores

Growth
+42.9%
Scale
$85K PAY
Saturation
2.49
10 establishments

Other Accounting Services

Growth
+40.0%
Scale
$460.0M REV
Saturation
0.76
42 establishments

Beauty Salons

Growth
+33.3%
Scale
$4937.0M REV
Saturation
0.96
256 establishments

All Other General Merchandise Stores

Growth
+31.3%
Scale
$221K PAY
Saturation
2.40
21 establishments

Portfolio Management

Growth
+30.8%
Scale
$344K PAY
Saturation
1.98
17 establishments

Convenience Stores

Growth
+30.8%
Scale
$110K PAY
Saturation
2.39
17 establishments

Used Car Dealers

Growth
+25.0%
Scale
$268K PAY
Saturation
3.13
15 establishments

Electrical Contractors and Other Wiring Installation Contractors

Growth
+20.0%
Scale
$940K PAY
Saturation
0.75
12 establishments

Home Health Care Services

Growth
+18.8%
Scale
$892K PAY
Saturation
2.41
19 establishments

Limited-Service Restaurants

Growth
+16.9%
Scale
$440.0M REV
Saturation
1.71
104 establishments

Offices of Real Estate Agents and Brokers

Growth
+15.4%
Scale
$102K PAY
Saturation
0.46
15 establishments

Other Individual and Family Services

Growth
+14.3%
Scale
$430K PAY
Saturation
2.21
16 establishments

Landscaping Services

Growth
+12.0%
Scale
$108K PAY
Saturation
1.22
28 establishments

Funeral Homes and Funeral Services

Growth
+11.1%
Scale
$236K PAY
Saturation
3.85
10 establishments

Pharmacies and Drug Stores

Growth
+9.1%
Scale
$875K PAY
Saturation
1.53
12 establishments

Residential Intellectual and Developmental Disability Facilities

Growth
+8.3%
Scale
$289K PAY
Saturation
1.93
13 establishments

Analyst Insights & Due Diligence

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

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?