ZIP 20016 — Business Opportunities

Top business opportunities in 20016

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

1. 1. Jewelry & Accessories 100/100
   ~2.2 businesses underserved · confidence: low
2. 2. Clothing & Apparel 61/100
   ~2.9 businesses underserved · confidence: high
3. 3. Furniture & Home Decor 57/100
   ~0.6 businesses underserved · confidence: high
4. 4. Hospitals 53/100
   ~1.5 businesses underserved · confidence: low
5. 5. Auto Repair 52/100
   ~0.9 businesses underserved · confidence: high
6. 6. Gifts & Specialty 51/100
   ~4.6 businesses underserved · confidence: high
7. 7. Desserts & Ice Cream 51/100
   ~2.5 businesses underserved · confidence: high
8. 8. Hotels & Lodging 51/100
   ~3.9 businesses underserved · confidence: high
9. 9. Cannabis 51/100
   ~1.9 businesses underserved · confidence: high
10. 10. Nightclub 51/100
    ~3.2 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 20016.

• Restaurants — 38 businesses
• Fast Food — 25 businesses
• Religious — 20 businesses
• Banking & Finance — 19 businesses
• Bicycle Rental — 14 businesses
• Post Box — 13 businesses
• Cafes & Coffee Shops — 13 businesses
• Park — 13 businesses
• Convenience Stores — 12 businesses
• Schools — 11 businesses
• Childcare — 9 businesses
• Fitness Centre — 8 businesses
• Sports Centre — 8 businesses
• Diplomatic — 8 businesses
• Dry Cleaning — 7 businesses

Full demographic profile

Population	32,570
Households	14,235
Median household income	$169,489
Per capita income	$118,862
Median age	42.2
% bachelor's degree or higher	88.379%
% age 18–34	18.87%
% age 65+	13.635%
% renter-occupied	30.685%
Median home value	$1,181,100
Median gross rent	$2,134
Unemployment rate	3.777%

Nearby ZIPs in DC

20018 Washington · 20019 Washington · 20013 Washington · 20001 Washington · 20043 Washington · 20044 Washington