Rockford, IL

Business Ideas & Market Opportunities

The Rockford market is currently outpacing the national growth rate. Our analysis identifies 35 active sectors where local supply has not yet met the demand indicated by the national baseline.

Active Local Businesses

9,165

Total Competition Pool

Market Size

337K

Total Metro Population

5-Year Growth Rate

+0.1%

🔥 Outpacing US(+0.1% avg)

Underserved Sectors

93

Niches with LQ < 0.8

Analyst Tip

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Showing 20 of 168 opportunities

Other Management Consulting Services

Growth
+200.0%
Scale
$55K PAY
Saturation
0.96
12 establishments

Other Gambling Industries

Growth
+75.0%
Scale
$195K PAY
Saturation
18.00
42 establishments

Nail Salons

Growth
+71.4%
Scale
$10939.0M REV
Saturation
0.40
386 establishments

All Other Miscellaneous Ambulatory Health Care Services

Growth
+66.7%
Scale
$821K PAY
Saturation
1.28
10 establishments

Continuing Care Retirement Communities

Growth
+66.7%
Scale
$2.9M PAY
Saturation
2.30
10 establishments

Other Activities Related to Real Estate

Growth
+60.0%
Scale
$147K PAY
Saturation
0.80
16 establishments

Other Personal Care Services

Growth
+58.8%
Scale
$326K PAY
Saturation
0.97
27 establishments

Roofing Contractors

Growth
+55.6%
Scale
$352K PAY
Saturation
2.58
56 establishments

General Freight Trucking, Long-Distance, Truckload

Growth
+50.0%
Scale
$310K PAY
Saturation
1.92
96 establishments

Siding Contractors

Growth
+46.7%
Scale
$282K PAY
Saturation
2.98
22 establishments

Office Administrative Services

Growth
+45.5%
Scale
$1.4M PAY
Saturation
0.50
16 establishments

General Warehousing and Storage

Growth
+43.8%
Scale
$3.3M PAY
Saturation
1.63
23 establishments

Tobacco Stores

Growth
+42.9%
Scale
$55K PAY
Saturation
1.69
30 establishments

Drinking Places (Alcoholic Beverages)

Growth
+38.5%
Scale
$131K PAY
Saturation
2.66
90 establishments

Temporary Help Services

Growth
+35.7%
Scale
$1.4M PAY
Saturation
1.29
38 establishments

General Freight Trucking, Local

Growth
+34.4%
Scale
$176K PAY
Saturation
2.22
86 establishments

Offices of Real Estate Agents and Brokers

Growth
+33.3%
Scale
$104K PAY
Saturation
0.70
100 establishments

All Other Personal Services

Growth
+33.3%
Scale
$124K PAY
Saturation
0.94
20 establishments

Child and Youth Services

Growth
+33.3%
Scale
$955K PAY
Saturation
1.17
16 establishments

Sheet Metal Work Manufacturing

Growth
+33.3%
Scale
$3.0M PAY
Saturation
3.35
12 establishments

Analyst Insights & Due Diligence

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

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?