Business Opportunities in Memphis, TN-MS-AR

Data-driven insights using Gap Ratio analysis to identify underserved markets

Population

1.3M

High Demand

Moderate Demand

High Confidence

📊 How Gap Ratio Works

Gap Ratio = National Density / Local Density. Higher ratios indicate underserved markets. A ratio of 2.0x means this area has 50% fewer businesses per capita than the national average.

≥1.5x High Demand

1.1-1.5x Moderate

0.9-1.1x Balanced

<0.9x Saturated

Top Opportunities (Sorted by Gap Ratio)

Creative Professional

Independent Artists, Writers, and Performers

High Confidence

31.8xGap Ratio

97% fewer businesses than national average

High Demand

Freelance ArtistIndependent Writer

Local Density

0.03/10k

National Avg

0.97/10k

Local Businesses

NAICS Code

7115

Creative Professional

Independent Artists, Writers, and Performers

High Confidence

31.8xGap Ratio

97% fewer businesses than national average

High Demand

Freelance ArtistIndependent Writer

Local Density

0.03/10k

National Avg

0.97/10k

Local Businesses

NAICS Code

71151

commercial

Independent Artists, Writers, and Performers

High Confidence

31.8xGap Ratio

97% fewer businesses than national average

High Demand

Local Density

0.03/10k

National Avg

0.97/10k

Local Businesses

NAICS Code

711510

Escrow Services

Other Activities Related to Real Estate

High Confidence

6.0xGap Ratio

83% fewer businesses than national average

High Demand

Property ManagementReal Estate Appraisal

Local Density

0.08/10k

National Avg

0.50/10k

Local Businesses

NAICS Code

53139

Escrow Services

Other Activities Related to Real Estate

High Confidence

6.0xGap Ratio

83% fewer businesses than national average

High Demand

Property ManagementReal Estate Appraisal

Local Density

0.08/10k

National Avg

0.50/10k

Local Businesses

NAICS Code

531390

Motion Picture and Video Industries Business

Motion Picture and Video Industries

High Confidence

4.4xGap Ratio

77% fewer businesses than national average

High Demand

Motion Picture and Video Industries ServiceProfessional Motion

Local Density

0.13/10k

National Avg

0.57/10k

Local Businesses

NAICS Code

5121

Creative Professional

Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures

High Confidence

3.7xGap Ratio

73% fewer businesses than national average

High Demand

Freelance ArtistIndependent Writer

Local Density

0.02/10k

National Avg

0.09/10k

Local Businesses

NAICS Code

7114

Creative Professional

Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures

High Confidence

3.7xGap Ratio

73% fewer businesses than national average

High Demand

Freelance ArtistIndependent Writer

Local Density

0.02/10k

National Avg

0.09/10k

Local Businesses

NAICS Code

71141

activities

Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures

High Confidence

3.7xGap Ratio

73% fewer businesses than national average

High Demand

representing clients in contract negotiationssuch as representing clients in contract negotiations

Local Density

0.02/10k

National Avg

0.09/10k

Local Businesses

NAICS Code

711410

Other Services to Buildings and Dwellings Business

Other Services to Buildings and Dwellings

High Confidence

3.4xGap Ratio

71% fewer businesses than national average

High Demand

Other Services to Buildings and Dwellings ServiceProfessional Other

Local Density

0.09/10k

National Avg

0.31/10k

Local Businesses

NAICS Code

56179

Building exterior cleaning services (except sandblasting

Other Services to Buildings and Dwellings

High Confidence

3.4xGap Ratio

71% fewer businesses than national average

High Demand

Local Density

0.09/10k

National Avg

0.31/10k

Local Businesses

NAICS Code

561790

Concierge Service

All Other Personal Services

High Confidence

3.3xGap Ratio

70% fewer businesses than national average

High Demand

Errand ServicePersonal Shopper

Local Density

0.16/10k

National Avg

0.53/10k

Local Businesses

NAICS Code

81299

Concierge Service

All Other Personal Services

High Confidence

3.3xGap Ratio

70% fewer businesses than national average

High Demand

Errand ServicePersonal Shopper

Local Density

0.16/10k

National Avg

0.53/10k

Local Businesses

NAICS Code

812990

Offices of Mental Health Practitioners (except Physicians) Business

Offices of Mental Health Practitioners (except Physicians)

High Confidence

3.3xGap Ratio

69% fewer businesses than national average

High Demand

Offices of Mental Health Practitioners (except Physicians) ServiceProfessional Offices

Local Density

0.37/10k

National Avg

1.22/10k

Local Businesses

NAICS Code

62133

hospitals or HMO medical centers

Offices of Mental Health Practitioners (except Physicians)

High Confidence

3.3xGap Ratio

69% fewer businesses than national average

High Demand

Local Density

0.37/10k

National Avg

1.22/10k

Local Businesses

NAICS Code

621330

Nonresidential Property Managers Business

Nonresidential Property Managers

3.2xGap Ratio

69% fewer businesses than national average

High Demand

Nonresidential Property Managers ServiceProfessional Nonresidential

Local Density

0.11/10k

National Avg

0.37/10k

Local Businesses

NAICS Code

531312

Custom Computer Programming Services Business

Custom Computer Programming Services

High Confidence

3.1xGap Ratio

68% fewer businesses than national average

High Demand

Custom Computer Programming Services ServiceProfessional Custom

Local Density

0.57/10k

National Avg

1.80/10k

Local Businesses

NAICS Code

541511

Professional Specialized

Specialized Design Services

High Confidence

3.1xGap Ratio

68% fewer businesses than national average

High Demand

Specialized Design Services BusinessSpecialized Design Services Service

Local Density

0.31/10k

National Avg

0.95/10k

Local Businesses

NAICS Code

5414

Business Consultant

Management, Scientific, and Technical Consulting Services

High Confidence

3.1xGap Ratio

68% fewer businesses than national average

High Demand

Corporate AdvisorManagement Consulting

Local Density

2.06/10k

National Avg

6.43/10k

Local Businesses

270

NAICS Code

5416

Custom Home Construction

Residential Building Construction

High Confidence

3.0xGap Ratio

67% fewer businesses than national average

High Demand

Home Addition ServicesHome Builder

Local Density

2.04/10k

National Avg

6.08/10k

Local Businesses

267

NAICS Code

2361

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services Business

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services

3.0xGap Ratio

66% fewer businesses than national average

High Demand

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services ServiceProfessional Computing

Local Density

0.11/10k

National Avg

0.34/10k

Local Businesses

NAICS Code

5182

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services Business

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services

3.0xGap Ratio

66% fewer businesses than national average

High Demand

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services ServiceProfessional Computing

Local Density

0.11/10k

National Avg

0.34/10k

Local Businesses

NAICS Code

51821

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services Business

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services

3.0xGap Ratio

66% fewer businesses than national average

High Demand

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services ServiceProfessional Computing

Local Density

0.11/10k

National Avg

0.34/10k

Local Businesses

NAICS Code

518210

hospitals or HMO medical centers

Offices of Physicians, Mental Health Specialists

High Confidence

2.9xGap Ratio

66% fewer businesses than national average

High Demand

Local Density

0.09/10k

National Avg

0.27/10k

Local Businesses

NAICS Code

621112

Professional Sound

Sound Recording Industries

High Confidence

2.9xGap Ratio

65% fewer businesses than national average

High Demand

Sound Recording Industries BusinessSound Recording Industries Service

Local Density

0.02/10k

National Avg

0.07/10k

Local Businesses

NAICS Code

5122

Computer Systems Design and Related Services Business

Computer Systems Design and Related Services

High Confidence

2.9xGap Ratio

65% fewer businesses than national average

High Demand

Computer Systems Design and Related Services ServiceProfessional Computer

Local Density

1.40/10k

National Avg

4.02/10k

Local Businesses

184

NAICS Code

5415

Computer Systems Design and Related Services Business

Computer Systems Design and Related Services

High Confidence

2.9xGap Ratio

65% fewer businesses than national average

High Demand

Computer Systems Design and Related Services ServiceProfessional Computer

Local Density

1.40/10k

National Avg

4.02/10k

Local Businesses

184

NAICS Code

54151

Professional Travel

Travel Arrangement and Reservation Services

High Confidence

2.9xGap Ratio

65% fewer businesses than national average

High Demand

Travel Arrangement and Reservation Services BusinessTravel Arrangement and Reservation Services Service

Local Density

0.10/10k

National Avg

0.28/10k

Local Businesses

NAICS Code

5615

Home Sales Agent

Offices of Real Estate Agents and Brokers

High Confidence

2.9xGap Ratio

65% fewer businesses than national average

High Demand

Property BrokerReal Estate Agent

Local Density

1.62/10k

National Avg

4.65/10k

Local Businesses

213

NAICS Code

5312

Home Sales Agent

Offices of Real Estate Agents and Brokers

High Confidence

2.9xGap Ratio

65% fewer businesses than national average

High Demand

Property BrokerReal Estate Agent

Local Density

1.62/10k

National Avg

4.65/10k

Local Businesses

213

NAICS Code

53121

Home Sales Agent

Offices of Real Estate Agents and Brokers

High Confidence

2.9xGap Ratio

65% fewer businesses than national average

High Demand

Property BrokerReal Estate Agent

Local Density

1.62/10k

National Avg

4.65/10k

Local Businesses

213

NAICS Code

531210

Fix-It Service

Personal and Household Goods Repair and Maintenance

High Confidence

2.8xGap Ratio

64% fewer businesses than national average

High Demand

Maintenance ShopRepair Service

Local Density

0.15/10k

National Avg

0.42/10k

Local Businesses

NAICS Code

8114

Architect

Architectural Services

2.7xGap Ratio

63% fewer businesses than national average

High Demand

Architecture FirmBuilding Design

Local Density

0.20/10k

National Avg

0.54/10k

Local Businesses

NAICS Code

54131

Architect

Architectural Services

2.7xGap Ratio

63% fewer businesses than national average

High Demand

Architecture FirmBuilding Design

Local Density

0.20/10k

National Avg

0.54/10k

Local Businesses

NAICS Code

541310

Building Finishing Contractors Business

Building Finishing Contractors

High Confidence

2.7xGap Ratio

63% fewer businesses than national average

High Demand

Building Finishing Contractors ServiceProfessional Building

Local Density

1.33/10k

National Avg

3.58/10k

Local Businesses

175

NAICS Code

2383

Computer Systems Design Services Business

Computer Systems Design Services

High Confidence

2.7xGap Ratio

62% fewer businesses than national average

High Demand

Computer Systems Design Services ServiceProfessional Computer

Local Density

0.56/10k

National Avg

1.48/10k

Local Businesses

NAICS Code

541512

commercial and industrial photography

Photographic Services

High Confidence

2.6xGap Ratio

62% fewer businesses than national average

High Demand

portrait photographyspecial events photography

Local Density

0.11/10k

National Avg

0.30/10k

Local Businesses

NAICS Code

54192

Dog Daycare

Pet Care (except Veterinary) Services

2.6xGap Ratio

62% fewer businesses than national average

High Demand

Dog WalkingPet Boarding

Local Density

0.19/10k

National Avg

0.50/10k

Local Businesses

NAICS Code

81291

boarding

Pet Care (except Veterinary) Services

2.6xGap Ratio

62% fewer businesses than national average

High Demand

groomingsitting

Local Density

0.19/10k

National Avg

0.50/10k

Local Businesses

NAICS Code

812910

Fix-It Service

Other Personal and Household Goods Repair and Maintenance

High Confidence

2.6xGap Ratio

61% fewer businesses than national average

High Demand

Maintenance ShopRepair Service

Local Density

0.06/10k

National Avg

0.16/10k

Local Businesses

NAICS Code

81149

garments

Other Personal and Household Goods Repair and Maintenance

High Confidence

2.6xGap Ratio

61% fewer businesses than national average

High Demand

Local Density

0.06/10k

National Avg

0.16/10k

Local Businesses

NAICS Code

811490

Performing Arts Companies Business

Performing Arts Companies

2.5xGap Ratio

60% fewer businesses than national average

High Demand

Performing Arts Companies ServiceProfessional Performing

Local Density

0.07/10k

National Avg

0.17/10k

Local Businesses

NAICS Code

7111

additions

Other Specialty Trade Contractors

2.4xGap Ratio

59% fewer businesses than national average

High Demand

alterationsmaintenance

Local Density

0.88/10k

National Avg

2.15/10k

Local Businesses

116

NAICS Code

2389

Foundation, Structure, and Building Exterior Contractors Business

Foundation, Structure, and Building Exterior Contractors

2.4xGap Ratio

59% fewer businesses than national average

High Demand

Foundation, Structure, and Building Exterior Contractors ServiceProfessional Foundation

Local Density

1.19/10k

National Avg

2.88/10k

Local Businesses

156

NAICS Code

2381

clothes dryers

Home and Garden Equipment and Appliance Repair and Maintenance

High Confidence

2.4xGap Ratio

58% fewer businesses than national average

High Demand

edgerslawnmowers

Local Density

0.02/10k

National Avg

0.05/10k

Local Businesses

NAICS Code

81141

Commercial Photographer

Photography Studios, Portrait

High Confidence

2.4xGap Ratio

58% fewer businesses than national average

High Demand

Event PhotographyPortrait Photographer

Local Density

0.07/10k

National Avg

0.16/10k

Local Businesses

NAICS Code

541921

advertising material distribution services

Advertising, Public Relations, and Related Services

2.3xGap Ratio

56% fewer businesses than national average

High Demand

direct mail advertisingindependent media representation

Local Density

0.43/10k

National Avg

0.97/10k

Local Businesses

NAICS Code

5418

Professional Surveying

Surveying and Mapping (except Geophysical) Services

2.2xGap Ratio

55% fewer businesses than national average

High Demand

Surveying and Mapping (except Geophysical) Services BusinessSurveying and Mapping (except Geophysical) Services Service

Local Density

0.02/10k

National Avg

0.05/10k

Local Businesses

NAICS Code

54137

Professional Surveying

Surveying and Mapping (except Geophysical) Services

2.2xGap Ratio

55% fewer businesses than national average

High Demand

Surveying and Mapping (except Geophysical) Services BusinessSurveying and Mapping (except Geophysical) Services Service

Local Density

0.02/10k

National Avg

0.05/10k

Local Businesses

NAICS Code

541370

building inspection services

Architectural, Engineering, and Related Services

2.2xGap Ratio

54% fewer businesses than national average

High Demand

drafting servicesgeophysical surveying and mapping services

Local Density

1.48/10k

National Avg

3.24/10k

Local Businesses

194

NAICS Code

5413

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