Syracuse, NY

Business Ideas & Market Opportunities

The Syracuse market is currently outpacing the national growth rate. Our analysis identifies 58 active sectors where local supply has not yet met the demand indicated by the national baseline.

Active Local Businesses

17,838

Total Competition Pool

Market Size

657K

Total Metro Population

5-Year Growth Rate

+3.0%

🔥 Outpacing US(+0.1% avg)

Underserved Sectors

116

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 280 opportunities

Tobacco Stores

Growth
+400.0%
Scale
$72K PAY
Saturation
0.95
35 establishments

Other Activities Related to Real Estate

Growth
+233.3%
Scale
$176K PAY
Saturation
0.24
10 establishments

Other Management Consulting Services

Growth
+100.0%
Scale
$103K PAY
Saturation
0.46
12 establishments

Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)

Growth
+100.0%
Scale
$5.7M PAY
Saturation
0.89
20 establishments

General Freight Trucking, Local

Growth
+79.5%
Scale
$556K PAY
Saturation
0.87
70 establishments

Snack and Nonalcoholic Beverage Bars

Growth
+71.8%
Scale
$885.0M REV
Saturation
1.47
243 establishments

Child and Youth Services

Growth
+71.4%
Scale
$855K PAY
Saturation
0.84
24 establishments

All Other Health and Personal Care Stores

Growth
+69.2%
Scale
$293K PAY
Saturation
1.26
22 establishments

Motion Picture and Video Production

Growth
+66.7%
Scale
$366K PAY
Saturation
0.48
15 establishments

Offices of All Other Miscellaneous Health Practitioners

Growth
+65.6%
Scale
$19833.0M REV
Saturation
0.82
475 establishments

Mobile Food Services

Growth
+65.0%
Scale
$25K PAY
Saturation
1.55
33 establishments

Human Rights Organizations

Growth
+62.5%
Scale
$405K PAY
Saturation
1.89
13 establishments

Offices of Mental Health Practitioners (except Physicians)

Growth
+61.9%
Scale
$122K PAY
Saturation
0.80
68 establishments

Residential Mental Health and Substance Abuse Facilities

Growth
+61.5%
Scale
$905K PAY
Saturation
1.45
21 establishments

All Other Miscellaneous Ambulatory Health Care Services

Growth
+55.6%
Scale
$350K PAY
Saturation
0.86
14 establishments

General Freight Trucking, Long-Distance, Truckload

Growth
+54.3%
Scale
$797K PAY
Saturation
0.52
54 establishments

Outpatient Mental Health and Substance Abuse Centers

Growth
+50.0%
Scale
$2.1M PAY
Saturation
0.73
21 establishments

Barber Shops

Growth
+50.0%
Scale
$83K PAY
Saturation
0.87
239 establishments

Other Services to Buildings and Dwellings

Growth
+47.8%
Scale
$178K PAY
Saturation
1.06
34 establishments

Breweries

Growth
+46.2%
Scale
$2.9M PAY
Saturation
2.28
19 establishments

Analyst Insights & Due Diligence

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

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?