Lynchburg
VA

Comprehensive business data, market statistics, and demographic insights for Lynchburg, VA. Census-backed market intelligence updated annually.

POPULATION262,716
MEDIAN INCOME$67.8K
BUSINESSES5,869
TRENDING SECTOR 🔥General Freight Trucking, Long-Distance, Less Than Truckload
+2.3%5-Year Growth
MARKET INTELLIGENCE

Market Signal Report

Curated Intelligence. We analyzed 330 local industries to isolate distinct economic patterns—from rapid acceleration to uncrowded markets.

Methodical Selection

These are not random picks. We filtered the census database to identify the strongest statistical match for distinct economic strategies.

  • > High Momentum (Biz Count Growth)
  • > Supply Gaps (Low Competition)
  • > Market Anchors (High Volume)
View Full Methodology
🚀
The Rocket Ship

General Freight Trucking, Long-Distance, Less Than Truckload

While the average sector grew flat, General Freight Trucking, Long-Distance, Less Than Truckload surged 2.3% from 2018 vs 2023. This is the fastest-moving opportunity in the market.

Businesses13
Growth Rate+2.3%
💎
The Hidden Gem

Medical Laboratories

Growing demand (2018 vs 2023) with surprisingly low competition level. A classic supply-gap opportunity with strong margins.

Businesses6
Growth Rate+1.0%
💼
The Premium Sector

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

Professional industry driven by high-value human capital. High barrier to entry due to specialized workforce requirements.

Businesses4
Avg Salary$360.6K
🏰
The Stronghold

Paperboard Mills

Dominated by a few key players. High consolidation often indicates mature market dynamics.

Businesses3
CompetitionHighly Competitive89.2x above US avg
The Steady Giant

Religious Organizations

Zero volatility. Growth matches population exactly. A proven, volume-based sector for long-term consistency.

Businesses309
VolumeHighest

View All Niches

See full table (330 Rows)

💡

Lynchburg Market Intelligence

330 Industries Analyzed • 2018 vs 2023 Data

Lynchburg presents 330 market niches across diverse sectors. Competition is intense with 159 saturated sectors requiring differentiation strategies. Consider: Medical Laboratories, General Freight Trucking, Long-Distance, Less Than Truckload.

How to Read the Data
Competition Level
Business density per capita vs US average. ● Underserved = Less competition. ● Highly Competitive = More businesses per capita than average.
Growth Rate
5-year percentage change in number of businesses (2018 vs 2023). ● Growing = Positive growth. ● Stable = Modest change. ● Declining = Negative growth.
Businesses
Active employer establishments (businesses with at least one employee) in this niche within the metro. Source: US Census Bureau.
MOMENTUM
DENSITY
25 of 330 niches• Sorted: Businesses
Niche (NAICS) Competition Growth Rate Businesses Avg Team Avg Salary
Religious Organizations#813110
2.41
+1.6%3096.3$23.3K
Limited-Service Restaurants#722513
0.99
+3.7%19721.7$18.4K
Full-Service Restaurants#722511
0.95
-6.8%17820.6$21.9K
Offices of Real Estate Agents and Brokers#531210
1.19
+9.8%1451.6$40.7K
Landscaping Services#561730
1.52
+7.4%1314.5$40.6K
Residential Remodelers#236118
1.10
+39.7%1093.8$43.8K
Plumbing, Heating, and Air-Conditioning Contractors#238220
1.33
+7.0%10710.9$65.3K
Insurance Agencies and Brokerages#524210
1.02
-14.8%985.1$65.9K
Gasoline Stations with Convenience Stores#447110
1.49
-6.7%989.2$25.6K
Offices of Lawyers#541110
0.76
0.0%933.9$65.0K
Commercial Banking#522110
1.64
-7.9%938.6$70.6K
Offices of Physicians (except Mental Health Specialists)#621111
0.61
-3.1%9334.2$100.4K
General Automotive Repair#811111
1.37
-3.5%834.7$44.5K
New Single-Family Housing Construction (except For-Sale Builders)#236115
1.84
0.0%782.6$52.5K
Convenience Stores#445120
2.73
+52.1%733.8$21.3K
Janitorial Services#561720
1.42
+12.7%719.1$22.1K
Beauty Salons#812112
1.07
-2.9%673.7$28.0K
All Other General Merchandise Stores#452319
1.86
+17.3%618.5$20.2K
Electrical Contractors and Other Wiring Installation Contractors#238210
1.02
+8.9%6117.1$56.0K
Offices of Dentists#621210
0.60
-19.7%6110.0$68.4K
All Other Specialty Trade Contractors#238990
1.81
+33.3%564.6$47.2K
Child Care Services#624410
0.84
-15.3%5017.2$21.0K
Engineering Services#541330
0.99
-6.1%4634.6$127.1K
Snack and Nonalcoholic Beverage Bars#722515
0.70
+57.1%4415.8$13.7K
Automotive Parts and Accessories Stores#441310
1.54
+2.5%4111.0$31.4K
Viewing 25 of 330 niches

Understanding Your Data

How to read the numbers and what to do next.

We pull directly from official U.S. Census Bureau records (specifically County Business Patterns & Nonemployer Statistics). We don't use estimates or opinions—we simply clean and organize the government's raw data so you can actually use it.

VERIFIED
MARKET
DATA

We built this platform to provide the foundational data you need to navigate your market's landscape and competitive dynamics.

Straight from the Source

We pull raw numbers directly from the U.S. Census Bureau. You're looking at the same data used by banks and city planners, simplified for clarity.

Data-First Methodology

We focus exclusively on the numbers. Our rankings are driven by objective metrics like growth and density, ensuring you see the market exactly as the data reports it.

Transparent Logic

No secret formulas. We show you the raw metrics—Growth, Density, and Volume—so you can verify the math yourself.