Active Local Businesses
5,914
Total Competition Pool
Market Size
151K
Total Metro Population
5-Year Growth Rate
+10.4%
🔥 Outpacing US(+0.1% avg)
Underserved Sectors
80
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 132 opportunities
| Niche Name | Solo Ratio | Market Scale | Competition (LQ) | Growth (5-Yr) |
|---|---|---|---|---|
Offices of All Other Miscellaneous Health Practitioners | +82.8% | $113K PAY | 1.42 | +166.7% |
Food Service Contractors | +0.0% | $691K PAY | 0.55 | +150.0% |
Nail Salons | +72.0% | $169K PAY | 0.64 | +133.3% |
Tobacco Stores | +0.0% | $122K PAY | 1.33 | +112.5% |
Educational Support Services | +0.0% | $54K PAY | 1.36 | +100.0% |
Nursing Care Facilities (Skilled Nursing Facilities) | +0.0% | $1.8M PAY | 1.35 | +100.0% |
Other Personal Care Services | +0.0% | $152K PAY | 0.84 | +88.9% |
Offices of Real Estate Appraisers | +0.0% | $73K PAY | 1.48 | +83.3% |
All Other Personal Services | +0.0% | $100K PAY | 0.71 | +83.3% |
Other Grocery and Related Products Merchant Wholesalers | +0.0% | $1.4M PAY | 1.34 | +71.4% |
All Other Miscellaneous Store Retailers (except Tobacco Stores) | +0.0% | $160K PAY | 1.59 | +60.0% |
Roofing Contractors | +0.0% | $280K PAY | 1.72 | +58.8% |
All Other General Merchandise Stores | +0.0% | $285K PAY | 1.36 | +58.3% |
All Other Traveler Accommodation | +0.0% | $58K PAY | 23.60 | +58.3% |
Other Personal and Household Goods Repair and Maintenance | +0.0% | $92K PAY | 1.61 | +57.1% |
Other Accounting Services | +86.5% | $3200.0M REV | 0.74 | +57.1% |
Investment Advice | +0.0% | $90K PAY | 1.17 | +54.5% |
Computer Systems Design Services | +0.0% | $83K PAY | 0.55 | +53.8% |
Administrative Management and General Management Consulting Services | +0.0% | $130K PAY | 0.67 | +51.7% |
Other Individual and Family Services | +0.0% | $422K PAY | 1.56 | +50.0% |
Administrative data provides the map, but not the terrain. We recommend three specific validation steps for Rapid City:
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?