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ZIP 20708 — Business Opportunities

Laurel, MD · Local economy intelligence
Population
27,909
Median income
$80,569
Median age
35.3
Households
10,458

Top business opportunities in 20708

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

  1. 1. Laundromats 100/100
    ~2.3 businesses underserved · confidence: high
  2. 2. Convenience Stores 77/100
    ~8.2 businesses underserved · confidence: high
  3. 3. Prep School 71/100
    ~2.0 businesses underserved · confidence: high
  4. 4. Music School 71/100
    ~2.2 businesses underserved · confidence: high
  5. 5. Toys & Games 65/100
    ~1.6 businesses underserved · confidence: low
  6. 6. Cafes & Coffee Shops 58/100
    ~4.1 businesses underserved · confidence: high
  7. 7. Dancing School 58/100
    ~1.3 businesses underserved · confidence: low
  8. 8. Bars & Nightlife 52/100
    ~4.0 businesses underserved · confidence: high
  9. 9. Childcare 50/100
    ~1.4 businesses underserved · confidence: high
  10. 10. Auto Repair 46/100
    ~5.5 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 20708.

Full demographic profile

Population27,909
Households10,458
Median household income$80,569
Per capita income$39,756
Median age35.3
% bachelor's degree or higher41.994%
% age 18–3421.362%
% age 65+6.625%
% renter-occupied62.387%
Median home value$421,000
Median gross rent$1,766
Unemployment rate5.587%

Nearby ZIPs in MD

20707 Laurel · 20706 Lanham · 20710 Bladensburg · 20712 Mount Rainier · 20715 Bowie · 20716 Bowie

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