ZIP 20724 — Business Opportunities

Top business opportunities in 20724

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

1. 1. Bars & Nightlife 100/100
   ~2.6 businesses underserved · confidence: high
2. 2. Music School 80/100
   ~1.3 businesses underserved · confidence: high
3. 3. Convenience Stores 74/100
   ~4.0 businesses underserved · confidence: high
4. 4. Toys & Games 74/100
   ~0.9 businesses underserved · confidence: low
5. 5. Clothing & Apparel 73/100
   ~2.8 businesses underserved · confidence: high
6. 6. Bicycle Parking 67/100
   ~1.2 businesses underserved · confidence: high
7. 7. Parking 67/100
   ~5.7 businesses underserved · confidence: high
8. 8. Parking Space 67/100
   ~7.3 businesses underserved · confidence: high
9. 9. Parking Entrance 67/100
   ~1.1 businesses underserved · confidence: high
10. 10. Driving School 66/100
    ~0.8 businesses underserved · confidence: low

What's already here — existing business mix

The most common business categories currently operating in ZIP 20724.

• Fast Food — 16 businesses
• Restaurants — 10 businesses
• Auto Sales — 8 businesses
• Gas Stations — 7 businesses
• Beauty & Nail Salons — 6 businesses
• Hotels & Lodging — 4 businesses
• Auto Repair — 4 businesses
• Schools — 4 businesses
• Department Store — 4 businesses
• Grave Yard — 3 businesses
• Fitness Centre — 3 businesses
• Grocery & Supermarkets — 3 businesses
• Banking & Finance — 3 businesses
• Mobile Phone — 3 businesses
• Hair Salons — 3 businesses

Full demographic profile

Population	18,345
Households	7,142
Median household income	$105,757
Per capita income	$46,918
Median age	33.8
% bachelor's degree or higher	47.972%
% age 18–34	27.092%
% age 65+	5.429%
% renter-occupied	35.641%
Median home value	$369,800
Median gross rent	$2,126
Unemployment rate	9.439%

Nearby ZIPs in MD

20723 Laurel · 20722 Brentwood · 20721 Bowie · 20720 Bowie · 20716 Bowie · 20715 Bowie