ZIP 85016 — Business Opportunities

Top business opportunities in 85016

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

1. 1. Laundromats 100/100
   ~2.1 businesses underserved · confidence: low
2. 2. Electronics Repair 74/100
   ~1.5 businesses underserved · confidence: low
3. 3. Boatbuilder 69/100
   ~2.2 businesses underserved · confidence: high
4. 4. Fireplace 69/100
   ~3.0 businesses underserved · confidence: high
5. 5. Weighbridge 69/100
   ~9.7 businesses underserved · confidence: high
6. 6. Casino 69/100
   ~4.3 businesses underserved · confidence: high
7. 7. Camp Site 69/100
   ~7.7 businesses underserved · confidence: high
8. 8. Artwork 69/100
   ~2.0 businesses underserved · confidence: high
9. 9. Information 69/100
   ~5.6 businesses underserved · confidence: high
10. 10. Picnic Site 69/100
    ~3.8 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 85016.

• Restaurants — 41 businesses
• Waste Basket — 34 businesses
• Shelter — 31 businesses
• Fast Food — 25 businesses
• Clothing & Apparel — 15 businesses
• Religious — 14 businesses
• Banking & Finance — 13 businesses
• Cafes & Coffee Shops — 11 businesses
• Beauty & Nail Salons — 10 businesses
• Fitness Centre — 10 businesses
• Convenience Stores — 8 businesses
• Schools — 8 businesses
• Hotels & Lodging — 7 businesses
• Legal Services — 7 businesses
• Hair Salons — 6 businesses

Full demographic profile

Population	37,025
Households	18,559
Median household income	$80,315
Per capita income	$63,128
Median age	36.8
% bachelor's degree or higher	48.613%
% age 18–34	30.739%
% age 65+	10.901%
% renter-occupied	43.253%
Median home value	$459,300
Median gross rent	$1,396
Unemployment rate	2.443%

Nearby ZIPs in AZ

85015 Phoenix · 85017 Phoenix · 85014 Phoenix · 85018 Phoenix · 85013 Phoenix · 85011 Phoenix