ZIP 91016 — Business Opportunities
Monrovia, CA · Local economy intelligence
Top business opportunities in 91016
The highest-scored business categories to consider opening in Monrovia, CA,
based on demand (population, income, demographic fit) versus existing supply.
- 1. Laundromats 100/100
~2.4 businesses underserved · confidence: low
- 2. Childcare 96/100
~2.3 businesses underserved · confidence: low
- 3. Auto Repair 91/100
~3.9 businesses underserved · confidence: high
- 4. Auto Sales 91/100
~3.3 businesses underserved · confidence: high
- 5. Parking Entrance 89/100
~3.6 businesses underserved · confidence: high
- 6. Parking Space 89/100
~3.1 businesses underserved · confidence: high
- 7. Bicycle Parking 88/100
~2.3 businesses underserved · confidence: low
- 8. Cafes & Coffee Shops 87/100
~6.7 businesses underserved · confidence: high
- 9. Flight School 86/100
~2.0 businesses underserved · confidence: low
- 10. Toys & Games 86/100
~2.0 businesses underserved · confidence: low
What's already here — existing business mix
The most common business categories currently operating in ZIP 91016.
- Restaurants — 22 businesses
- Fast Food — 18 businesses
- Religious — 13 businesses
- Schools — 6 businesses
- Park — 4 businesses
- Hair Salons — 4 businesses
- Gas Stations — 3 businesses
- Grocery & Supermarkets — 3 businesses
- Other — 3 businesses
- Department Store — 3 businesses
- Clothing & Apparel — 3 businesses
- Banking & Finance — 3 businesses
- Pitch — 3 businesses
- Government Services — 3 businesses
- Desserts & Ice Cream — 2 businesses
Full demographic profile
| Population | 41,822 |
| Households | 14,912 |
| Median household income | $95,606 |
| Per capita income | $43,907 |
| Median age | 38.5 |
| % bachelor's degree or higher | 43.166% |
| % age 18–34 | 20.083% |
| % age 65+ | 9.533% |
| % renter-occupied | 48.087% |
| Median home value | $820,600 |
| Median gross rent | $1,949 |
| Unemployment rate | 5.513% |
Nearby ZIPs in CA
90302 Inglewood · 90301 Inglewood · 90293 Playa Del Rey · 90292 Marina Del Rey · 90291 Venice · 90274 Palos Verdes Peninsula
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