ZIP 01950 — Business Opportunities

Top business opportunities in 01950

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

1. 1. Childcare 100/100
   ~2.2 businesses underserved · confidence: high
2. 2. Dancing School 83/100
   ~2.0 businesses underserved · confidence: high
3. 3. Music School 83/100
   ~1.6 businesses underserved · confidence: high
4. 4. Prep School 83/100
   ~1.3 businesses underserved · confidence: high
5. 5. Language School 78/100
   ~1.1 businesses underserved · confidence: low
6. 6. Driving School 76/100
   ~1.0 businesses underserved · confidence: low
7. 7. Electronics 69/100
   ~1.1 businesses underserved · confidence: low
8. 8. Electronics Repair 68/100
   ~1.0 businesses underserved · confidence: low
9. 9. Medical & Healthcare 68/100
   ~1.5 businesses underserved · confidence: high
10. 10. Grocery 58/100
    ~1.4 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 01950.

• Restaurants — 23 businesses
• Park — 19 businesses
• Nature Reserve — 19 businesses
• Parking — 16 businesses
• Garden — 15 businesses
• Artwork — 11 businesses
• Banking & Finance — 9 businesses
• Schools — 8 businesses
• Religious — 7 businesses
• Cafes & Coffee Shops — 6 businesses
• Bars & Nightlife — 6 businesses
• Fast Food — 6 businesses
• Marina — 6 businesses
• Toilets — 6 businesses
• Other — 5 businesses

Full demographic profile

Population	18,356
Households	7,591
Median household income	$127,306
Per capita income	$73,247
Median age	46.5
% bachelor's degree or higher	64.615%
% age 18–34	13.222%
% age 65+	15.336%
% renter-occupied	21.18%
Median home value	$737,200
Median gross rent	$1,426
Unemployment rate	5.733%

Nearby ZIPs in MA

01949 Middleton · 01951 Newbury · 01952 Salisbury · 01945 Marblehead · 01944 Manchester · 01940 Lynnfield