ZIP 87402 — Business Opportunities

Top business opportunities in 87402

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

1. 1. Childcare 100/100
   ~1.3 businesses underserved · confidence: high
2. 2. Toys & Games 81/100
   ~1.2 businesses underserved · confidence: high
3. 3. Parking 66/100
   ~4.6 businesses underserved · confidence: high
4. 4. Electronics 64/100
   ~0.6 businesses underserved · confidence: high
5. 5. Music School 62/100
   ~0.4 businesses underserved · confidence: low
6. 6. Veterinary 62/100
   ~0.7 businesses underserved · confidence: high
7. 7. Driving School 57/100
   ~0.4 businesses underserved · confidence: low
8. 8. Prep School 51/100
   ~0.3 businesses underserved · confidence: low
9. 9. Laundromats 50/100
   ~0.8 businesses underserved · confidence: high
10. 10. Pottery 48/100
    ~0.9 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 87402.

• Restaurants — 19 businesses
• Fast Food — 17 businesses
• Park — 9 businesses
• Auto Sales — 7 businesses
• Religious — 6 businesses
• Gas Stations — 6 businesses
• Schools — 5 businesses
• Banking & Finance — 5 businesses
• Nature Reserve — 5 businesses
• Government Services — 4 businesses
• Convenience Stores — 4 businesses
• Department Store — 4 businesses
• Auto Repair — 3 businesses
• Theatre — 3 businesses
• Variety Store — 2 businesses

Full demographic profile

Population	10,362
Households	3,605
Median household income	$72,869
Per capita income	$35,361
Median age	39.3
% bachelor's degree or higher	24.605%
% age 18–34	13.82%
% age 65+	12.073%
% renter-occupied	22.122%
Median home value	$265,500
Median gross rent	$1,002
Unemployment rate	5.472%

Nearby ZIPs in NM

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