Utica-Rome, NY

Business Ideas & Market Opportunities

The Utica-Rome market is currently outpacing the national growth rate. Our analysis identifies 26 active sectors where local supply has not yet met the demand indicated by the national baseline.

Active Local Businesses

6,823

Total Competition Pool

Market Size

290K

Total Metro Population

5-Year Growth Rate

+3.7%

🔥 Outpacing US(+0.1% avg)

Underserved Sectors

76

Niches with LQ < 0.8

Analyst Tip

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Showing 20 of 134 opportunities

Residential Property Managers

Growth
+200.0%
Scale
$79K PAY
Saturation
0.42
18 establishments

Outpatient Mental Health and Substance Abuse Centers

Growth
+128.6%
Scale
$948K PAY
Saturation
1.44
16 establishments

Offices of Mental Health Practitioners (except Physicians)

Growth
+108.3%
Scale
$156K PAY
Saturation
0.77
25 establishments

Electronic Shopping and Mail-Order Houses

Growth
+90.9%
Scale
$445K PAY
Saturation
0.55
21 establishments

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

Growth
+66.7%
Scale
$1.8M PAY
Saturation
2.30
20 establishments

Other Individual and Family Services

Growth
+60.0%
Scale
$1.1M PAY
Saturation
0.94
24 establishments

Investment Advice

Growth
+57.1%
Scale
$220K PAY
Saturation
0.68
11 establishments

Convenience Stores

Growth
+51.4%
Scale
$187K PAY
Saturation
2.23
56 establishments

Other Scientific and Technical Consulting Services

Growth
+50.0%
Scale
$3.8M PAY
Saturation
0.64
12 establishments

Wireless Telecommunications Carriers (except Satellite)

Growth
+45.5%
Scale
$329K PAY
Saturation
0.97
16 establishments

Car Washes

Growth
+45.5%
Scale
$293K PAY
Saturation
1.18
16 establishments

Masonry Contractors

Growth
+43.8%
Scale
$500K PAY
Saturation
1.89
23 establishments

Automobile and Other Motor Vehicle Merchant Wholesalers

Growth
+42.9%
Scale
$786K PAY
Saturation
2.52
10 establishments

Fine Arts Schools

Growth
+41.7%
Scale
$464K PAY
Saturation
1.52
17 establishments

Office Administrative Services

Growth
+38.9%
Scale
$1.7M PAY
Saturation
0.98
25 establishments

Copper Rolling, Drawing, Extruding, and Alloying

Growth
+37.5%
Scale
$8.1M PAY
Saturation
145.92
11 establishments

Services for the Elderly and Persons with Disabilities

Growth
+31.8%
Scale
$3.8M PAY
Saturation
1.06
29 establishments

Retail Bakeries

Growth
+30.8%
Scale
$456K PAY
Saturation
2.79
17 establishments

General Freight Trucking, Local

Growth
+30.0%
Scale
$569K PAY
Saturation
0.84
26 establishments

Offices of All Other Miscellaneous Health Practitioners

Growth
+27.3%
Scale
$519K PAY
Saturation
0.56
125 establishments

Analyst Insights & Due Diligence

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

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?