Active Local Businesses
2,792
Total Competition Pool
Market Size
155K
Total Metro Population
5-Year Growth Rate
+5.6%
🔥 Outpacing US(+0.1% avg)
Underserved Sectors
29
Niches with LQ < 0.8
Viewing all opportunities. Use the View Mode toggle above to filter by business model, or search to find specific niches.
Showing 20 of 61 opportunities
| Niche Name | Solo Ratio | Market Scale | Competition (LQ) | Growth (5-Yr) |
|---|---|---|---|---|
Tobacco Stores | +0.0% | $304K PAY | 2.23 | +100.0% |
Electronic Shopping and Mail-Order Houses | +0.0% | $284K PAY | 1.11 | +60.0% |
Offices of Physical, Occupational and Speech Therapists, and Audiologists | +0.0% | $241K PAY | 1.32 | +50.0% |
Tax Preparation Services | +80.0% | $1061.0M REV | 1.35 | +42.9% |
Credit Unions | +0.0% | $480K PAY | 2.02 | +42.9% |
General Warehousing and Storage | +0.0% | $4.1M PAY | 2.33 | +42.9% |
All Other Miscellaneous Store Retailers (except Tobacco Stores) | +0.0% | $554K PAY | 2.84 | +38.5% |
Food Service Contractors | +0.0% | $213K PAY | 2.48 | +35.7% |
All Other Professional, Scientific, and Technical Services | +0.0% | $126K PAY | 1.84 | +33.3% |
New Car Dealers | +0.0% | $3.1M PAY | 2.17 | +33.3% |
Residential Intellectual and Developmental Disability Facilities | +0.0% | $363K PAY | 1.99 | +28.6% |
Snack and Nonalcoholic Beverage Bars | +26.3% | $156K PAY | 0.63 | +27.3% |
New Single-Family Housing Construction (except For-Sale Builders) | +0.0% | $192K PAY | 1.26 | +26.7% |
All Other General Merchandise Stores | +0.0% | $170K PAY | 2.13 | +25.0% |
Lessors of Other Real Estate Property | +0.0% | $290K PAY | 4.54 | +25.0% |
Services for the Elderly and Persons with Disabilities | +0.0% | $1.1M PAY | 0.97 | +25.0% |
Other Building Material Dealers | +0.0% | $599K PAY | 1.51 | +25.0% |
General Automotive Repair | +0.0% | $178K PAY | 1.67 | +24.1% |
Janitorial Services | +0.0% | $503K PAY | 1.18 | +23.5% |
Other Gasoline Stations | +0.0% | $1.2M PAY | 3.98 | +20.0% |
Administrative data provides the map, but not the terrain. We recommend three specific validation steps for Monroe:
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).
Verify local licensing requirements. High barriers to entry often protect "High Yield" sectors from new competition.
Investigate the "Momentum" sectors. Are existing businesses thriving, or is the growth due to high turnover and failure rates?