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ZIP 20706 — Business Opportunities

Lanham, MD · Local economy intelligence
Population
43,797
Median income
$99,555
Median age
38.5
Households
13,119

Top business opportunities in 20706

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

  1. 1. Childcare 100/100
    ~3.9 businesses underserved · confidence: high
  2. 2. Prep School 97/100
    ~3.0 businesses underserved · confidence: high
  3. 3. Music School 97/100
    ~3.4 businesses underserved · confidence: high
  4. 4. Toys & Games 89/100
    ~2.4 businesses underserved · confidence: low
  5. 5. Driving School 80/100
    ~2.0 businesses underserved · confidence: low
  6. 6. Dancing School 80/100
    ~2.0 businesses underserved · confidence: low
  7. 7. Laundromats 80/100
    ~3.2 businesses underserved · confidence: high
  8. 8. Convenience Stores 68/100
    ~9.4 businesses underserved · confidence: high
  9. 9. Trade 64/100
    ~2.4 businesses underserved · confidence: high
  10. 10. Playground 64/100
    ~4.4 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 20706.

Full demographic profile

Population43,797
Households13,119
Median household income$99,555
Per capita income$36,386
Median age38.5
% bachelor's degree or higher34.277%
% age 18–3417.928%
% age 65+10.756%
% renter-occupied28.223%
Median home value$383,600
Median gross rent$1,794
Unemployment rate7.129%

Nearby ZIPs in MD

20707 Laurel · 20708 Laurel · 20710 Bladensburg · 20712 Mount Rainier · 20715 Bowie · 20716 Bowie

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