ZIP 02420 — Business Opportunities
Lexington, MA · Local economy intelligence
Top business opportunities in 02420
The highest-scored business categories to consider opening in Lexington, MA,
based on demand (population, income, demographic fit) versus existing supply.
- 1. Childcare 100/100
~2.7 businesses underserved · confidence: high
- 2. Electronics Repair 94/100
~1.5 businesses underserved · confidence: low
- 3. Dancing School 74/100
~2.3 businesses underserved · confidence: high
- 4. Prep School 74/100
~1.4 businesses underserved · confidence: high
- 5. Language School 69/100
~1.2 businesses underserved · confidence: low
- 6. Driving School 66/100
~1.1 businesses underserved · confidence: low
- 7. Veterinary 60/100
~1.2 businesses underserved · confidence: high
- 8. Fitness Station 57/100
~1.9 businesses underserved · confidence: high
- 9. Grocery 48/100
~1.5 businesses underserved · confidence: high
- 10. Music School 48/100
~0.8 businesses underserved · confidence: high
What's already here — existing business mix
The most common business categories currently operating in ZIP 02420.
- Clothing & Apparel — 65 businesses
- Restaurants — 25 businesses
- Fast Food — 23 businesses
- Nature Reserve — 15 businesses
- Information — 9 businesses
- Beauty & Nail Salons — 8 businesses
- Mobile Phone — 8 businesses
- Cosmetics — 8 businesses
- Furniture & Home Decor — 8 businesses
- Electronics — 6 businesses
- Gifts & Specialty — 5 businesses
- Banking & Finance — 5 businesses
- Sports & Outdoors — 5 businesses
- Hair Salons — 5 businesses
- Houseware — 5 businesses
Full demographic profile
| Population | 16,356 |
| Households | 5,589 |
| Median household income | $221,458 |
| Per capita income | $104,854 |
| Median age | 45.4 |
| % bachelor's degree or higher | 84.433% |
| % age 18–34 | 9.513% |
| % age 65+ | 14.649% |
| % renter-occupied | 11.739% |
| Median home value | $1,083,500 |
| Median gross rent | $2,520 |
| Unemployment rate | 4.084% |
Nearby ZIPs in MA
02367 Plympton · 02366 South Carver · 02364 Kingston · 02360 Plymouth · 02359 Pembroke · 02351 Abington
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