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ZIP 27516 — Business Opportunities

Chapel Hill, NC · Local economy intelligence
Population
44,697
Median income
$94,354
Median age
36.1
Households
16,720

Top business opportunities in 27516

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

  1. 1. Cafes & Coffee Shops 100/100
    ~9.3 businesses underserved · confidence: high
  2. 2. Jewelry & Accessories 88/100
    ~5.0 businesses underserved · confidence: high
  3. 3. Furniture & Home Decor 71/100
    ~6.0 businesses underserved · confidence: high
  4. 4. Electronics Repair 71/100
    ~3.3 businesses underserved · confidence: low
  5. 5. Electronics 69/100
    ~3.2 businesses underserved · confidence: low
  6. 6. Clothing & Apparel 67/100
    ~8.9 businesses underserved · confidence: high
  7. 7. Childcare 58/100
    ~2.9 businesses underserved · confidence: high
  8. 8. Veterinary 56/100
    ~3.2 businesses underserved · confidence: high
  9. 9. Fitness Centre 54/100
    ~3.5 businesses underserved · confidence: high
  10. 10. Bars & Nightlife 50/100
    ~5.3 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 27516.

Full demographic profile

Population44,697
Households16,720
Median household income$94,354
Per capita income$52,296
Median age36.1
% bachelor's degree or higher72.498%
% age 18–3419.699%
% age 65+10.437%
% renter-occupied26.448%
Median home value$468,600
Median gross rent$1,425
Unemployment rate6.891%

Nearby ZIPs in NC

27517 Chapel Hill · 27514 Chapel Hill · 27513 Cary · 27510 Carrboro · 27509 Butner · 27534 Goldsboro

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