Monroe, LA

Business Ideas & Market Opportunities

The Monroe market is currently outpacing the national growth rate. Our analysis identifies 47 active sectors where local supply has not yet met the demand indicated by the national baseline.

Active Local Businesses

7,527

Total Competition Pool

Market Size

225K

Total Metro Population

5-Year Growth Rate

+18.0%

🔥 Outpacing US(+0.1% avg)

Underserved Sectors

76

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 138 opportunities

Electric Power Distribution

Growth
+266.7%
Scale
$3.2M PAY
Saturation
2.68
11 establishments

Lessors of Other Real Estate Property

Growth
+233.3%
Scale
$57K PAY
Saturation
1.85
10 establishments

Vocational Rehabilitation Services

Growth
+233.3%
Scale
$216K PAY
Saturation
2.56
10 establishments

Farm and Garden Machinery and Equipment Merchant Wholesalers

Growth
+200.0%
Scale
$1.2M PAY
Saturation
3.35
12 establishments

Residential Mental Health and Substance Abuse Facilities

Growth
+180.0%
Scale
$1.5M PAY
Saturation
2.69
14 establishments

Other Gambling Industries

Growth
+166.7%
Scale
$160K PAY
Saturation
9.19
16 establishments

Drinking Places (Alcoholic Beverages)

Growth
+140.0%
Scale
$93K PAY
Saturation
0.48
12 establishments

All Other Outpatient Care Centers

Growth
+140.0%
Scale
$675K PAY
Saturation
1.86
24 establishments

Freestanding Ambulatory Surgical and Emergency Centers

Growth
+140.0%
Scale
$683K PAY
Saturation
1.90
12 establishments

Electronic Shopping and Mail-Order Houses

Growth
+128.6%
Scale
$211K PAY
Saturation
0.45
16 establishments

Convenience Stores

Growth
+121.4%
Scale
$101K PAY
Saturation
1.32
31 establishments

Other Scientific and Technical Consulting Services

Growth
+118.2%
Scale
$87K PAY
Saturation
1.36
24 establishments

Water and Sewer Line and Related Structures Construction

Growth
+116.7%
Scale
$358K PAY
Saturation
2.14
13 establishments

Pet Care (except Veterinary) Services

Growth
+111.1%
Scale
$99K PAY
Saturation
1.17
19 establishments

Poured Concrete Foundation and Structure Contractors

Growth
+100.0%
Scale
$299K PAY
Saturation
0.84
12 establishments

Wholesale Trade Agents and Brokers

Growth
+100.0%
Scale
$167K PAY
Saturation
0.45
10 establishments

Car Washes

Growth
+100.0%
Scale
$209K PAY
Saturation
0.95
12 establishments

Site Preparation Contractors

Growth
+77.8%
Scale
$158K PAY
Saturation
1.32
32 establishments

All Other Specialty Trade Contractors

Growth
+76.5%
Scale
$172K PAY
Saturation
1.11
30 establishments

Office Administrative Services

Growth
+76.0%
Scale
$486K PAY
Saturation
1.85
44 establishments

Analyst Insights & Due Diligence

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

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?