Watertown-Fort Drum, NY

Business Ideas & Market Opportunities

The Watertown-Fort Drum market is currently outpacing the national growth rate. Our analysis identifies 9 active sectors where local supply has not yet met the demand indicated by the national baseline.

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

Analyst Tip

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Showing 20 of 65 opportunities

Other Accounting Services

Growth
+150.0%
Scale
$176K PAY
Saturation
1.22
47 establishments

All Other Specialty Trade Contractors

Growth
+133.3%
Scale
$531K PAY
Saturation
1.28
14 establishments

Offices of All Other Miscellaneous Health Practitioners

Growth
+125.0%
Scale
$2061.0M REV
Saturation
0.96
49 establishments

Administrative Management and General Management Consulting Services

Growth
+120.0%
Scale
$83K PAY
Saturation
0.40
11 establishments

Electronic Shopping and Mail-Order Houses

Growth
+100.0%
Scale
$93K PAY
Saturation
0.84
12 establishments

Engineering Services

Growth
+50.0%
Scale
$820K PAY
Saturation
0.73
12 establishments

Residential Property Managers

Growth
+50.0%
Scale
$601K PAY
Saturation
1.69
27 establishments

Snack and Nonalcoholic Beverage Bars

Growth
+48.0%
Scale
$156K PAY
Saturation
1.67
37 establishments

Other Personal Care Services

Growth
+25.0%
Scale
$42K PAY
Saturation
1.19
10 establishments

Residential Remodelers

Growth
+24.5%
Scale
$134K PAY
Saturation
1.75
61 establishments

All Other General Merchandise Stores

Growth
+19.2%
Scale
$251K PAY
Saturation
2.67
31 establishments

Masonry Contractors

Growth
+16.7%
Scale
$253K PAY
Saturation
3.06
14 establishments

Landscaping Services

Growth
+16.7%
Scale
$113K PAY
Saturation
1.15
35 establishments

Beauty Salons

Growth
+15.4%
Scale
$51K PAY
Saturation
0.68
241 establishments

Beer, Wine, and Liquor Stores

Growth
+13.3%
Scale
$114K PAY
Saturation
1.84
17 establishments

Nail Salons

Growth
+11.1%
Scale
$416.0M REV
Saturation
1.10
24 establishments

Painting and Wall Covering Contractors

Growth
+11.1%
Scale
$99K PAY
Saturation
1.01
10 establishments

Hardware Stores

Growth
+10.0%
Scale
$512K PAY
Saturation
3.04
11 establishments

Automotive Parts and Accessories Stores

Growth
+10.0%
Scale
$282K PAY
Saturation
1.17
11 establishments

Wired Telecommunications Carriers

Growth
+9.1%
Scale
$1.0M PAY
Saturation
1.75
12 establishments

Analyst Insights & Due Diligence

Administrative data provides the map, but not the terrain. We recommend three specific validation steps for Watertown-Fort Drum:

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?