ZIP 20905 — Business Opportunities

Silver Spring, MD · Local economy intelligence

Population

17,451

Median income

$142,929

Median age

41.6

Households

5,438

Top business opportunities in 20905

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

1. Jewelry & Accessories 100/100
~1.4 businesses underserved · confidence: medium
2. Furniture & Home Decor 94/100
~1.6 businesses underserved · confidence: medium
3. Childcare 86/100
~1.5 businesses underserved · confidence: medium
4. Veterinary 82/100
~1.4 businesses underserved · confidence: medium
5. Electronics 82/100
~1.0 businesses underserved · confidence: low
6. Clothing & Apparel 80/100
~2.9 businesses underserved · confidence: medium
7. Cafes & Coffee Shops 77/100
~2.6 businesses underserved · confidence: medium
8. Electronics Repair 74/100
~0.9 businesses underserved · confidence: low
9. Fitness Centre 73/100
~1.6 businesses underserved · confidence: medium
10. Prep School 67/100
~1.0 businesses underserved · confidence: medium

What's already here — existing business mix

The most common business categories currently operating in ZIP 20905.

Religious — 13 businesses
Park — 5 businesses
Schools — 3 businesses
Fast Food — 3 businesses
Restaurants — 2 businesses
Beauty & Nail Salons — 2 businesses
Nature Reserve — 2 businesses
Auto Parts — 1 businesses
Grocery & Supermarkets — 1 businesses
Convenience Stores — 1 businesses
Mobile Phone — 1 businesses
Alcohol — 1 businesses
Dental — 1 businesses
Sports Centre — 1 businesses
Doctors — 1 businesses

Full demographic profile

Population	17,451
Households	5,438
Median household income	$142,929
Per capita income	$54,171
Median age	41.6
% bachelor's degree or higher	54.656%
% age 18–34	16.383%
% age 65+	12.498%
% renter-occupied	12.143%
Median home value	$617,800
Median gross rent	$1,785
Unemployment rate	5.723%

Nearby ZIPs in MD

20912 Takoma Park · 20882 Gaithersburg · 20880 Washington Grove · 20879 Gaithersburg · 20878 Gaithersburg · 20877 Gaithersburg

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