ZIP 91016 — Business Opportunities

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. 1. Laundromats 100/100
   ~2.4 businesses underserved · confidence: low
2. 2. Childcare 96/100
   ~2.3 businesses underserved · confidence: low
3. 3. Auto Repair 91/100
   ~3.9 businesses underserved · confidence: high
4. 4. Auto Sales 91/100
   ~3.3 businesses underserved · confidence: high
5. 5. Parking Entrance 89/100
   ~3.6 businesses underserved · confidence: high
6. 6. Parking Space 89/100
   ~3.1 businesses underserved · confidence: high
7. 7. Bicycle Parking 88/100
   ~2.3 businesses underserved · confidence: low
8. 8. Cafes & Coffee Shops 87/100
   ~6.7 businesses underserved · confidence: high
9. 9. Flight School 86/100
   ~2.0 businesses underserved · confidence: low
10. 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