ZIP 87401 — Business Opportunities

Top business opportunities in 87401

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

1. 1. Toys & Games 100/100
   ~5.8 businesses underserved · confidence: high
2. 2. Childcare 96/100
   ~4.6 businesses underserved · confidence: high
3. 3. Laundromats 92/100
   ~4.5 businesses underserved · confidence: high
4. 4. Music School 76/100
   ~2.1 businesses underserved · confidence: low
5. 5. Driving School 70/100
   ~1.7 businesses underserved · confidence: low
6. 6. Prep School 63/100
   ~1.3 businesses underserved · confidence: low
7. 7. Clothing & Apparel 57/100
   ~7.4 businesses underserved · confidence: high
8. 8. Information 55/100
   ~10.8 businesses underserved · confidence: high
9. 9. Post Box 55/100
   ~4.6 businesses underserved · confidence: high
10. 10. Picnic Site 55/100
    ~6.2 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 87401.

• Religious — 36 businesses
• Park — 30 businesses
• Restaurants — 27 businesses
• Fast Food — 26 businesses
• Hotels & Lodging — 19 businesses
• Gas Stations — 18 businesses
• Schools — 16 businesses
• Convenience Stores — 15 businesses
• Social Facility — 10 businesses
• Company — 9 businesses
• Variety Store — 8 businesses
• Auto Repair — 8 businesses
• Cafes & Coffee Shops — 8 businesses
• Auto Sales — 7 businesses
• Banking & Finance — 6 businesses

Full demographic profile

Population	46,398
Households	15,463
Median household income	$52,654
Per capita income	$25,825
Median age	34.2
% bachelor's degree or higher	17.877%
% age 18–34	19.619%
% age 65+	10.209%
% renter-occupied	33.902%
Median home value	$193,800
Median gross rent	$970
Unemployment rate	9.496%

Nearby ZIPs in NM

87316 Fort Wingate · 87313 Crownpoint · 87312 Continental Divide · 87311 Church Rock · 87310 Brimhall · 87305 Gallup