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ZIP 02116 — Business Opportunities

Boston, MA · Local economy intelligence
Population
22,286
Median income
$131,648
Median age
34.4
Households
11,915

Top business opportunities in 02116

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

  1. 1. Laundromats 100/100
    ~2.5 businesses underserved · confidence: high
  2. 2. Fitness Station 93/100
    ~3.0 businesses underserved · confidence: high
  3. 3. Convenience Stores 69/100
    ~5.0 businesses underserved · confidence: high
  4. 4. Electronics Repair 55/100
    ~1.3 businesses underserved · confidence: low
  5. 5. Grocery 46/100
    ~1.7 businesses underserved · confidence: high
  6. 6. Cinema 42/100
    ~1.4 businesses underserved · confidence: high
  7. 7. Variety Store 42/100
    ~1.8 businesses underserved · confidence: high
  8. 8. Pastry 42/100
    ~1.2 businesses underserved · confidence: high
  9. 9. Swimming Pool 42/100
    ~1.6 businesses underserved · confidence: high
  10. 10. Storage Rental 42/100
    ~1.6 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 02116.

Full demographic profile

Population22,286
Households11,915
Median household income$131,648
Per capita income$128,940
Median age34.4
% bachelor's degree or higher77.268%
% age 18–3437.046%
% age 65+10.092%
% renter-occupied54.229%
Median home value$1,461,100
Median gross rent$2,255
Unemployment rate3.446%

Nearby ZIPs in MA

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

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