Springfield
MA
Comprehensive business data, market statistics, and demographic insights for Springfield, MA. Census-backed market intelligence updated annually.
Market Signal Report
Curated Intelligence. We analyzed 410 local industries to isolate distinct economic patterns—from rapid acceleration to uncrowded markets.
These are not random picks. We filtered the census database to identify the strongest statistical match for distinct economic strategies.
- > High Momentum (Biz Count Growth)
- > Supply Gaps (Low Competition)
- > Market Anchors (High Volume)
Fossil Fuel Electric Power Generation
While the average sector grew flat, Fossil Fuel Electric Power Generation surged 1.4% from 2018 vs 2023. This is the fastest-moving opportunity in the market.
Other Activities Related to Real Estate
Growing demand (2018 vs 2023) with surprisingly low competition level. A classic supply-gap opportunity with strong margins.
Securities Brokerage
Professional industry driven by high-value human capital. High barrier to entry due to specialized workforce requirements.
Metal Kitchen Cookware, Utensil, Cutlery, and Flatware (except Precious) Manufacturing
Dominated by a few key players. High consolidation often indicates mature market dynamics.
Full-Service Restaurants
Zero volatility. Growth matches population exactly. A proven, volume-based sector for long-term consistency.
View All Niches
See full table (410 Rows)
Springfield Market Intelligence
410 Industries Analyzed • 2018 vs 2023 Data
Springfield is experiencing market contraction with 0 underserved niches showing resilience. Competition is intense with 182 saturated sectors requiring differentiation strategies. Consider: Other Activities Related to Real Estate, Fossil Fuel Electric Power Generation.
| Niche (NAICS) | Competition | Growth Rate | Businesses | Avg Team | Avg Salary |
|---|---|---|---|---|---|
Full-Service Restaurants#722511 | 1.16 | -34.4% | 335 | 18.3 | $24.9K |
Limited-Service Restaurants#722513 | 0.94 | -22.9% | 286 | 15.8 | $23.0K |
Landscaping Services#561730 | 1.64 | -27.2% | 217 | 3.2 | $76.4K |
Offices of Lawyers#541110 | 1.08 | -34.9% | 205 | 5.0 | $83.7K |
Religious Organizations#813110 | 1.01 | -27.1% | 199 | 8.4 | $28.3K |
Residential Remodelers#236118 | 1.20 | -20.1% | 183 | 4.2 | $55.7K |
Offices of Dentists#621210 | 1.05 | -28.5% | 163 | 11.0 | $80.7K |
Offices of Physicians (except Mental Health Specialists)#621111 | 0.66 | -37.8% | 156 | 28.9 | $128.2K |
Electrical Contractors and Other Wiring Installation Contractors#238210 | 1.43 | -26.3% | 132 | 14.8 | $84.9K |
Gasoline Stations with Convenience Stores#447110 | 1.25 | -10.0% | 126 | 8.8 | $29.6K |
Convenience Stores#445120 | 3.03 | -8.8% | 125 | 2.6 | $24.0K |
Plumbing, Heating, and Air-Conditioning Contractors#238220 | 0.98 | -38.7% | 122 | 12.4 | $83.9K |
Residential Intellectual and Developmental Disability Facilities#623210 | 3.10 | -11.0% | 121 | 18.3 | $45.1K |
Insurance Agencies and Brokerages#524210 | 0.81 | -36.4% | 119 | 15.3 | $100.8K |
General Automotive Repair#811111 | 1.25 | -32.4% | 117 | 5.5 | $51.5K |
Snack and Nonalcoholic Beverage Bars#722515 | 1.19 | -26.3% | 115 | 13.4 | $21.1K |
Beauty Salons#812112 | 1.11 | -35.3% | 108 | 5.0 | $29.9K |
Child Care Services#624410 | 1.18 | -39.0% | 108 | 13.1 | $33.8K |
Supermarkets and Other Grocery Retailers (except Convenience Retailers)#445110 | 1.50 | -24.6% | 104 | 39.4 | $28.6K |
Beer, Wine, and Liquor Stores#445310 | 2.46 | -28.8% | 99 | 6.4 | $28.2K |
Offices of Real Estate Agents and Brokers#531210 | 0.47 | -12.7% | 89 | 2.2 | $54.8K |
Commercial Banking#522110 | 0.89 | +1.3% | 78 | 7.7 | $66.3K |
Lessors of Residential Buildings and Dwellings#531110 | 0.91 | -12.5% | 77 | 5.2 | $40.5K |
Residential Property Managers#531311 | 1.11 | -11.5% | 77 | 10.1 | $61.7K |
Savings Institutions#522120 | 11.65 | -37.0% | 75 | 13.1 | $88.8K |
Understanding Your Data
How to read the numbers and what to do next.
We pull directly from official U.S. Census Bureau records (specifically County Business Patterns & Nonemployer Statistics). We don't use estimates or opinions—we simply clean and organize the government's raw data so you can actually use it.
VERIFIED
MARKET
DATA
We built this platform to provide the foundational data you need to navigate your market's landscape and competitive dynamics.
Straight from the Source
We pull raw numbers directly from the U.S. Census Bureau. You're looking at the same data used by banks and city planners, simplified for clarity.
Data-First Methodology
We focus exclusively on the numbers. Our rankings are driven by objective metrics like growth and density, ensuring you see the market exactly as the data reports it.
Transparent Logic
No secret formulas. We show you the raw metrics—Growth, Density, and Volume—so you can verify the math yourself.