ZIP 01940 — Business Opportunities

Top business opportunities in 01940

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

1. 1. Childcare 100/100
   ~2.1 businesses underserved · confidence: high
2. 2. Jewelry & Accessories 74/100
   ~1.5 businesses underserved · confidence: high
3. 3. Toys & Games 71/100
   ~1.2 businesses underserved · confidence: high
4. 4. Dancing School 71/100
   ~1.7 businesses underserved · confidence: high
5. 5. Music School 71/100
   ~1.3 businesses underserved · confidence: high
6. 6. Prep School 71/100
   ~1.1 businesses underserved · confidence: high
7. 7. Language School 67/100
   ~0.9 businesses underserved · confidence: low
8. 8. Driving School 64/100
   ~0.9 businesses underserved · confidence: low
9. 9. Electronics Repair 60/100
   ~0.9 businesses underserved · confidence: low
10. 10. Veterinary 57/100
    ~1.3 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 01940.

• Clothing & Apparel — 31 businesses
• Nature Reserve — 23 businesses
• Restaurants — 18 businesses
• Schools — 13 businesses
• Park — 13 businesses
• Religious — 4 businesses
• Fast Food — 4 businesses
• Auto Sales — 4 businesses
• Charging Station — 4 businesses
• Beauty & Nail Salons — 4 businesses
• Gas Stations — 3 businesses
• Banking & Finance — 3 businesses
• Hair Salons — 3 businesses
• Golf Course — 3 businesses
• Furniture & Home Decor — 3 businesses

Full demographic profile

Population	13,072
Households	4,752
Median household income	$157,955
Per capita income	$73,591
Median age	41.2
% bachelor's degree or higher	60.73%
% age 18–34	14.336%
% age 65+	14.374%
% renter-occupied	13.497%
Median home value	$851,600
Median gross rent	$1,891
Unemployment rate	4.397%

Nearby ZIPs in MA

01944 Manchester · 01945 Marblehead · 01949 Middleton · 01950 Newburyport · 01951 Newbury · 01952 Salisbury