Owensboro, KY

Business Ideas & Market Opportunities

The Owensboro market is currently outpacing the national growth rate. Our analysis identifies 12 active sectors where local supply has not yet met the demand indicated by the national baseline.

Active Local Businesses

2,812

Total Competition Pool

Market Size

112K

Total Metro Population

5-Year Growth Rate

+3.3%

🔥 Outpacing US(+0.1% avg)

Underserved Sectors

30

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 65 opportunities

Offices of Mental Health Practitioners (except Physicians)

Growth
+200.0%
Scale
$217K PAY
Saturation
1.57
21 establishments

Outpatient Mental Health and Substance Abuse Centers

Growth
+120.0%
Scale
$812K PAY
Saturation
2.42
11 establishments

All Other Miscellaneous Store Retailers (except Tobacco Stores)

Growth
+81.8%
Scale
$133K PAY
Saturation
2.91
20 establishments

Snack and Nonalcoholic Beverage Bars

Growth
+80.0%
Scale
$225K PAY
Saturation
0.74
21 establishments

All Other Specialty Trade Contractors

Growth
+77.8%
Scale
$318K PAY
Saturation
1.34
16 establishments

Corporate, Subsidiary, and Regional Managing Offices

Growth
+72.7%
Scale
$1.3M PAY
Saturation
1.59
19 establishments

Other Direct Selling Establishments

Growth
+71.4%
Scale
$165K PAY
Saturation
1.96
12 establishments

Offices of Real Estate Agents and Brokers

Growth
+54.5%
Scale
$116K PAY
Saturation
0.72
34 establishments

Poured Concrete Foundation and Structure Contractors

Growth
+44.4%
Scale
$111K PAY
Saturation
2.07
13 establishments

Services for the Elderly and Persons with Disabilities

Growth
+44.4%
Scale
$1.1M PAY
Saturation
1.16
13 establishments

General Freight Trucking, Long-Distance, Truckload

Growth
+36.4%
Scale
$287K PAY
Saturation
0.91
15 establishments

Offices of All Other Miscellaneous Health Practitioners

Growth
+30.8%
Scale
$201K PAY
Saturation
1.66
77 establishments

Residential Remodelers

Growth
+30.0%
Scale
$98K PAY
Saturation
0.68
26 establishments

Residential Intellectual and Developmental Disability Facilities

Growth
+26.1%
Scale
$701K PAY
Saturation
2.97
29 establishments

Computer Systems Design Services

Growth
+22.2%
Scale
$174K PAY
Saturation
0.66
11 establishments

Supermarkets and Other Grocery Retailers (except Convenience Retailers)

Growth
+21.4%
Scale
$830K PAY
Saturation
0.98
17 establishments

Fitness and Recreational Sports Centers

Growth
+18.2%
Scale
$355K PAY
Saturation
1.09
13 establishments

All Other General Merchandise Stores

Growth
+16.1%
Scale
$189K PAY
Saturation
2.84
36 establishments

Landscaping Services

Growth
+14.7%
Scale
$254K PAY
Saturation
1.17
39 establishments

Janitorial Services

Growth
+14.3%
Scale
$1.4M PAY
Saturation
0.83
16 establishments

Analyst Insights & Due Diligence

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

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?