New York-Newark-Jersey City, NY-NJ

Business Ideas & Market Opportunities

The New York-Newark-Jersey City market is currently trailing the national growth rate. Our analysis identifies 150 active sectors where local supply has not yet met the demand indicated by the national baseline.

Active Local Businesses

698,134

Total Competition Pool

Market Size

19.8M

Total Metro Population

5-Year Growth Rate

-3.8%

⚠️ Trailing US(+0.1% avg)

Underserved Sectors

318

Niches with LQ < 0.8

Analyst Tip

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Showing 20 of 750 opportunities

Farm Product Warehousing and Storage

Growth
+342.9%
Scale
$3.2M PAY
Saturation
1.34
31 establishments

Open-End Investment Funds

Growth
+241.7%
Scale
$1.4M PAY
Saturation
2.14
41 establishments

Other Nonhazardous Waste Treatment and Disposal

Growth
+190.9%
Scale
$545K PAY
Saturation
0.97
32 establishments

Miscellaneous Financial Investment Activities

Growth
+146.5%
Scale
$9.6M PAY
Saturation
1.16
175 establishments

All Other Miscellaneous Ambulatory Health Care Services

Growth
+137.0%
Scale
$833K PAY
Saturation
1.00
640 establishments

All Other Publishers

Growth
+135.7%
Scale
$446K PAY
Saturation
1.29
99 establishments

Other Financial Vehicles

Growth
+133.8%
Scale
$2.1M PAY
Saturation
1.82
187 establishments

Solar Electric Power Generation

Growth
+125.0%
Scale
$2.6M PAY
Saturation
1.02
45 establishments

Other Management Consulting Services

Growth
+113.1%
Scale
$533K PAY
Saturation
1.13
1,157 establishments

All Other Outpatient Care Centers

Growth
+84.7%
Scale
$1.9M PAY
Saturation
0.88
1,241 establishments

Dog and Cat Food Manufacturing

Growth
+83.3%
Scale
$440K PAY
Saturation
0.67
11 establishments

Research and Development in Biotechnology (except Nanobiotechnology)

Growth
+80.1%
Scale
$8.2M PAY
Saturation
0.83
326 establishments

Mobile Food Services

Growth
+79.4%
Scale
$74K PAY
Saturation
0.65
540 establishments

Offices of Mental Health Practitioners (except Physicians)

Growth
+75.6%
Scale
$340K PAY
Saturation
0.91
3,023 establishments

Welding and Soldering Equipment Manufacturing

Growth
+75.0%
Scale
$629K PAY
Saturation
0.63
14 establishments

Dried and Dehydrated Food Manufacturing

Growth
+75.0%
Scale
$1.6M PAY
Saturation
1.42
14 establishments

Other Performing Arts Companies

Growth
+73.1%
Scale
$169K PAY
Saturation
1.84
45 establishments

Nonscheduled Chartered Freight Air Transportation

Growth
+70.0%
Scale
$542K PAY
Saturation
1.35
17 establishments

Rolled Steel Shape Manufacturing

Growth
+66.7%
Scale
$532K PAY
Saturation
1.01
10 establishments

Tobacco Stores

Growth
+64.3%
Scale
$67K PAY
Saturation
0.57
825 establishments

Analyst Insights & Due Diligence

Administrative data provides the map, but not the terrain. We recommend three specific validation steps for New York-Newark-Jersey City:

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?