ZIP 20623 — Business Opportunities

Top business opportunities in 20623

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

1. 1. Pharmacies 100/100
   ~0.3 businesses underserved · confidence: medium
2. 2. Dental 78/100
   ~0.3 businesses underserved · confidence: medium
3. 3. Furniture & Home Decor 77/100
   ~0.2 businesses underserved · confidence: medium
4. 4. Medical & Healthcare 74/100
   ~0.3 businesses underserved · confidence: medium
5. 5. Hospitals 71/100
   ~0.1 businesses underserved · confidence: low
6. 6. Gas Stations 69/100
   ~0.7 businesses underserved · confidence: medium
7. 7. Auto Sales 65/100
   ~0.4 businesses underserved · confidence: medium
8. 8. Auto Repair 65/100
   ~0.5 businesses underserved · confidence: medium
9. 9. Auto Parts 65/100
   ~0.2 businesses underserved · confidence: medium
10. 10. Bicycle Parking 65/100
    ~0.2 businesses underserved · confidence: medium

What's already here — existing business mix

The most common business categories currently operating in ZIP 20623.

• Schools — 9 businesses
• Park — 8 businesses
• Religious — 4 businesses
• Grave Yard — 4 businesses
• Fast Food — 2 businesses
• Parking — 2 businesses
• Swimming Pool — 2 businesses
• Playground — 2 businesses
• Grocery & Supermarkets — 1 businesses
• Nature Reserve — 1 businesses
• Government Services — 1 businesses
• Golf Course — 1 businesses
• Information — 1 businesses
• Physiotherapist — 0 businesses
• Hair Salons — 0 businesses

Full demographic profile

Population	2,457
Households	876
Median household income	$116,475
Per capita income	$55,153
Median age	49.5
% bachelor's degree or higher	36.398%
% age 18–34	15.547%
% age 65+	24.786%
% renter-occupied	3.987%
Median home value	$428,100
Median gross rent	—
Unemployment rate	7.275%

Nearby ZIPs in MD

20706 Lanham · 20707 Laurel · 20708 Laurel · 20710 Bladensburg · 20712 Mount Rainier · 20715 Bowie