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ZIP 87401 — Business Opportunities

Farmington, NM · Local economy intelligence
Population
46,398
Median income
$52,654
Median age
34.2
Households
15,463

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.

Full demographic profile

Population46,398
Households15,463
Median household income$52,654
Per capita income$25,825
Median age34.2
% bachelor's degree or higher17.877%
% age 18–3419.619%
% age 65+10.209%
% renter-occupied33.902%
Median home value$193,800
Median gross rent$970
Unemployment rate9.496%

Nearby ZIPs in NM

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

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