Active Local Businesses
2,486
Total Competition Pool
Market Size
116K
Total Metro Population
5-Year Growth Rate
+2.8%
🔥 Outpacing US(+0.1% avg)
Underserved Sectors
34
Niches with LQ < 0.8
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Showing 20 of 65 opportunities
| Niche Name | Solo Ratio | Market Scale | Competition (LQ) | Growth (5-Yr) |
|---|---|---|---|---|
Other Accounting Services | +68.1% | $176K PAY | 1.22 | +150.0% |
All Other Specialty Trade Contractors | +0.0% | $531K PAY | 1.28 | +133.3% |
Offices of All Other Miscellaneous Health Practitioners | +81.6% | $2061.0M REV | 0.96 | +125.0% |
Administrative Management and General Management Consulting Services | +0.0% | $83K PAY | 0.40 | +120.0% |
Electronic Shopping and Mail-Order Houses | +0.0% | $93K PAY | 0.84 | +100.0% |
Engineering Services | +0.0% | $820K PAY | 0.73 | +50.0% |
Residential Property Managers | +0.0% | $601K PAY | 1.69 | +50.0% |
Snack and Nonalcoholic Beverage Bars | +0.0% | $156K PAY | 1.67 | +48.0% |
Other Personal Care Services | +0.0% | $42K PAY | 1.19 | +25.0% |
Residential Remodelers | +0.0% | $134K PAY | 1.75 | +24.5% |
All Other General Merchandise Stores | +0.0% | $251K PAY | 2.67 | +19.2% |
Masonry Contractors | +0.0% | $253K PAY | 3.06 | +16.7% |
Landscaping Services | +0.0% | $113K PAY | 1.15 | +16.7% |
Beauty Salons | +93.8% | $51K PAY | 0.68 | +15.4% |
Beer, Wine, and Liquor Stores | +0.0% | $114K PAY | 1.84 | +13.3% |
Nail Salons | +58.3% | $416.0M REV | 1.10 | +11.1% |
Painting and Wall Covering Contractors | +0.0% | $99K PAY | 1.01 | +11.1% |
Hardware Stores | +0.0% | $512K PAY | 3.04 | +10.0% |
Automotive Parts and Accessories Stores | +0.0% | $282K PAY | 1.17 | +10.0% |
Wired Telecommunications Carriers | +0.0% | $1.0M PAY | 1.75 | +9.1% |
Administrative data provides the map, but not the terrain. We recommend three specific validation steps for Watertown-Fort Drum:
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?