Paducah, KY-IL

Business Ideas & Market Opportunities

The Paducah market is currently outpacing the national growth rate. Our analysis identifies 15 active sectors where local supply has not yet met the demand indicated by the national baseline.

Active Local Businesses

2,904

Total Competition Pool

Market Size

103K

Total Metro Population

5-Year Growth Rate

+4.9%

🔥 Outpacing US(+0.1% avg)

Underserved Sectors

40

Niches with LQ < 0.8

Analyst Tip

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Showing 20 of 72 opportunities

Administrative Management and General Management Consulting Services

Growth
+83.3%
Scale
$193K PAY
Saturation
0.35
11 establishments

Offices of Real Estate Agents and Brokers

Growth
+73.3%
Scale
$87K PAY
Saturation
0.53
26 establishments

Child and Youth Services

Growth
+66.7%
Scale
$213K PAY
Saturation
2.13
10 establishments

Offices of Optometrists

Growth
+66.7%
Scale
$298K PAY
Saturation
1.55
10 establishments

Temporary Help Services

Growth
+62.5%
Scale
$1.4M PAY
Saturation
1.28
13 establishments

Other Building Material Dealers

Growth
+60.0%
Scale
$427K PAY
Saturation
2.14
16 establishments

Residential Remodelers

Growth
+50.0%
Scale
$134K PAY
Saturation
0.53
21 establishments

Services for the Elderly and Persons with Disabilities

Growth
+50.0%
Scale
$199K PAY
Saturation
1.54
18 establishments

Site Preparation Contractors

Growth
+40.0%
Scale
$103K PAY
Saturation
1.25
14 establishments

All Other General Merchandise Stores

Growth
+38.2%
Scale
$192K PAY
Saturation
3.55
47 establishments

All Other Miscellaneous Ambulatory Health Care Services

Growth
+37.5%
Scale
$484K PAY
Saturation
4.10
11 establishments

Furniture Stores

Growth
+37.5%
Scale
$234K PAY
Saturation
1.73
11 establishments

Family Clothing Stores

Growth
+33.3%
Scale
$302K PAY
Saturation
1.93
16 establishments

All Other Outpatient Care Centers

Growth
+30.0%
Scale
$588K PAY
Saturation
2.19
13 establishments

Other Individual and Family Services

Growth
+27.3%
Scale
$151K PAY
Saturation
1.28
14 establishments

Plumbing, Heating, and Air-Conditioning Contractors

Growth
+26.5%
Scale
$1.7M PAY
Saturation
1.33
43 establishments

Drinking Places (Alcoholic Beverages)

Growth
+25.0%
Scale
$160K PAY
Saturation
0.86
10 establishments

All Other Miscellaneous Store Retailers (except Tobacco Stores)

Growth
+23.1%
Scale
$217K PAY
Saturation
2.24
16 establishments

Car Washes

Growth
+22.2%
Scale
$166K PAY
Saturation
1.90
11 establishments

Janitorial Services

Growth
+21.1%
Scale
$311K PAY
Saturation
1.14
23 establishments

Analyst Insights & Due Diligence

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

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?