ZIP 01118 — Business Opportunities

Top business opportunities in 01118

The highest-scored business categories to consider opening in Springfield, MA, based on demand (population, income, demographic fit) versus existing supply.

1. 1. Toys & Games 100/100
   ~1.3 businesses underserved · confidence: medium
2. 2. Dancing School 100/100
   ~1.8 businesses underserved · confidence: medium
3. 3. Music School 100/100
   ~1.4 businesses underserved · confidence: medium
4. 4. Prep School 100/100
   ~1.1 businesses underserved · confidence: medium
5. 5. Language School 94/100
   ~1.0 businesses underserved · confidence: low
6. 6. Driving School 90/100
   ~0.9 businesses underserved · confidence: low
7. 7. Parking 78/100
   ~5.9 businesses underserved · confidence: medium
8. 8. Bicycle Parking 78/100
   ~2.3 businesses underserved · confidence: medium
9. 9. Parking Space 78/100
   ~69.1 businesses underserved · confidence: medium
10. 10. Parking Entrance 78/100
    ~5.0 businesses underserved · confidence: medium

What's already here — existing business mix

The most common business categories currently operating in ZIP 01118.

• Religious — 9 businesses
• Schools — 7 businesses
• Nature Reserve — 7 businesses
• Park — 5 businesses
• Restaurants — 4 businesses
• Banking & Finance — 3 businesses
• Grocery & Supermarkets — 2 businesses
• Fast Food — 2 businesses
• Government Services — 2 businesses
• Variety Store — 1 businesses
• Other — 1 businesses
• Playground — 1 businesses
• Garden Centre — 1 businesses
• Dry Cleaning — 1 businesses
• Estate Agent — 1 businesses

Full demographic profile

Population	15,112
Households	5,724
Median household income	$78,354
Per capita income	$35,812
Median age	37.7
% bachelor's degree or higher	32.733%
% age 18–34	20.778%
% age 65+	8.596%
% renter-occupied	21.749%
Median home value	$224,200
Median gross rent	$1,241
Unemployment rate	5.278%

Nearby ZIPs in MA

01030 Feeding Hills · 01029 East Otis · 01028 East Longmeadow · 01027 Easthampton · 01026 Cummington · 01022 Chicopee