ZIP 20706 — Business Opportunities
Lanham, MD · Local economy intelligence
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. Childcare 100/100
~3.9 businesses underserved · confidence: high
- 2. Prep School 97/100
~3.0 businesses underserved · confidence: high
- 3. Music School 97/100
~3.4 businesses underserved · confidence: high
- 4. Toys & Games 89/100
~2.4 businesses underserved · confidence: low
- 5. Driving School 80/100
~2.0 businesses underserved · confidence: low
- 6. Dancing School 80/100
~2.0 businesses underserved · confidence: low
- 7. Laundromats 80/100
~3.2 businesses underserved · confidence: high
- 8. Convenience Stores 68/100
~9.4 businesses underserved · confidence: high
- 9. Trade 64/100
~2.4 businesses underserved · confidence: high
- 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.
- Religious — 25 businesses
- Schools — 22 businesses
- Fast Food — 15 businesses
- Restaurants — 8 businesses
- Park — 7 businesses
- Gas Stations — 6 businesses
- Hotels & Lodging — 4 businesses
- Parking — 4 businesses
- Variety Store — 3 businesses
- Government Services — 3 businesses
- Other — 2 businesses
- Banking & Finance — 2 businesses
- Mobile Phone — 2 businesses
- Doityourself — 2 businesses
- Police — 1 businesses
Full demographic profile
| Population | 43,797 |
| Households | 13,119 |
| Median household income | $99,555 |
| Per capita income | $36,386 |
| Median age | 38.5 |
| % bachelor's degree or higher | 34.277% |
| % age 18–34 | 17.928% |
| % age 65+ | 10.756% |
| % renter-occupied | 28.223% |
| Median home value | $383,600 |
| Median gross rent | $1,794 |
| Unemployment rate | 7.129% |
Nearby ZIPs in MD
20707 Laurel · 20708 Laurel · 20710 Bladensburg · 20712 Mount Rainier · 20715 Bowie · 20716 Bowie
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