Business Survivability in Forest Park, Detroit
StreetSpring's 2026 analysis finds that the best business to open in Forest Park is a Bar with a 75.2% chance of surviving at least 2 years across the neighborhood on average.
Quick Summary
- Survivability Score: the projected chance a business type lasts two or more years at a specific address
- Best business: a Bar in Forest Park (75.2% average survival rate, 81.8% at best locations)
- Neighborhood rank: #138 of 141 neighborhoods in and around Detroit
- Neighborhood average: 62.3% two-year survival across the business types ranked here
- Coverage: This ranking carries one row per business type and neighborhood. Its score is the projected chance of lasting two or more years, averaged across the price points StreetSpring scores separately in the tool (most types have 5). The 10 business types here are base types; the tool offers 500+ business types, counting each type at each of its price points.
- Rankings updated quarterly with latest market data
- Detailed methodology
Last reviewed: October 2026 by Robert Koons, Founder & CEO, StreetSpring
In this article:
- Summary
- Is Forest Park a good place to start a business?
- How to find the best location
- Best businesses to open
- How much money could a business make?
- What businesses should open next?
- Frequently Asked Questions
Summary
StreetSpring's 2026 analysis finds that the best business to open in Forest Park is a Bar with a 75.2% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a 81.8% chance; next is a Cafe with a 71.5% chance, followed by a Spa with a 70.3% chance.
Is Forest Park a good place to start a business?
Among the 141 neighborhoods StreetSpring ranks in and around Detroit, Forest Park ranks #138 for business survivability, with an average 62.3% chance of lasting two or more years.
- In Forest Park, the strongest addresses for the top-ranked business type sit 6.6 points above that type's average.
- Even so, the weakest addresses in Forest Park for those same business types can underperform considerably. StreetSpring's address-level scoring exists precisely to identify which specific storefronts make the difference.
- At 80.6% employed, Forest Park's consumer base has the spending capacity that makes the neighborhood viable for a wide range of business types, though location selection within the neighborhood still determines actual survivability.
Employment and housing vacancy figures sourced from the U.S. Census Bureau American Community Survey.
How can you find the best location to open a business in Forest Park?
StreetSpring scores survivability at the exact address level in Forest Park, so you can compare two storefronts on the same block before committing to a lease. StreetSpring's 2026 analysis identifies this area as the top location for a Bar in Forest Park:
The highlighted area represents the address in Forest Park that StreetSpring's 2026 analysis ranks highest for a Bar survivability. However, individual locations vary widely, and even in lower-scoring neighborhoods there are pockets that perform exceptionally well. StreetSpring's scoring incorporates hundreds of inputs, including competitive quality and density, projected consumer spending, Revenue Capture Score, and local demand patterns.
Check if this location is still available →
What are the best businesses to open in Forest Park?
| # | Business type | Chance of lasting two or more years at a good address |
|---|---|---|
| 1 | Bar | 79.7% |
| 2 | Cafe | 79.5% |
| 3 | Spa | 78.6% |
| 4 | Hair Salon | 77.2% |
| 5 | Coffee Shop | 77.1% |
| 6 | Veterinary Clinic | 76.4% |
| 7 | Clothing Store | 76.0% |
| 8 | Chiropractor Office | 75.1% |
| 9 | Gym | 75.0% |
| 10 | Dance Club | 74.8% |
Highest Survivability in Forest Park
- #1 Bar: 75.2% on average across Forest Park; best at 81.8%, challenging at 63.8%.
- #2 Opening a Cafe in Forest Park shows 71.5% average survivability. Top locations reach 83.1%; lower-end sites show 58.8%.
- #3 Spa (Ranked #3): 70.3% average in Forest Park. Best-case storefronts: 79.0%. Challenging locations: 59.2%.
- #4 Hair Salon is ranked #4 for top businesses to open in Forest Park: 70.0% chance on average, best at 78.6%, challenging at 60.2%.
- #5 Coffee Shop: 69.8% on average across Forest Park; best at 79.5%, challenging at 58.4%.
Strong Performers in Forest Park
- #6 Opening a Veterinary Clinic in Forest Park shows 69.0% average survivability. Top locations reach 78.5%; lower-end sites show 57.3%.
- #7 Clothing Store (Ranked #7): 70.7% average in Forest Park. Best-case storefronts: 80.5%. Challenging locations: 56.6%.
- #8 Chiropractor Office is ranked #8 for top businesses to open in Forest Park: 69.8% chance on average, best at 82.4%, challenging at 61.1%.
- #9 Gym: 68.0% on average across Forest Park; best at 75.4%, challenging at 58.8%.
- #10 Opening a Dance Club in Forest Park shows 65.3% average survivability. Top locations reach 76.1%; lower-end sites show 54.5%.
Top 3 Compared Nationally
- Bar: See how this compares to other cities →
- Cafe: See how this compares to other cities →
- Spa: See how this compares to other cities →
How much money could a business in Forest Park make?
Best location vs. average location
Based on StreetSpring's 2026 analysis, selecting a storefront that StreetSpring ranks in the top tier for your business type in Forest Park starts with the Revenue Capture Score, the most important factor in choosing a location: StreetSpring's estimate of the revenue a business can capture at that address.
How StreetSpring calculates location value
- Every business type has unique location requirements that must be considered.
- A great product in the wrong location will underperform; an average product in the right location can thrive.
- StreetSpring's Revenue Capture Score, the revenue a business can capture at a specific address, is the factor that matters most when comparing locations.
- StreetSpring provides address-specific survivability predictions for 500+ business types.
What businesses should open next in Forest Park?
The top businesses to open next in Forest Park:
- Bars: 75.2% average survival rate, 81.8% at the best address
- Cafes: 71.5% average survival rate
- Spas: 70.3% average survival rate
However, individual locations vary widely, and even in lower-scoring neighborhoods there are pockets that perform exceptionally well. StreetSpring's accuracy is built on studying businesses that serve more than 180 million+ Americans across 24 cities. StreetSpring scores 500+ business types: 153 base business types, most of them at 5 price points, which is 569 type-and-price combinations you can choose in the tool. The 29.3% housing vacancy rate in Forest Park describes the neighborhood as a whole; survivability still depends heavily on choosing the right address within it. StreetSpring regularly refreshes survivability scores to reflect new competition and updated spending data: see which locations in Forest Park are available right now and how they rank.
See the Survivability Score for your new business
Related Articles:
- See the Detroit Business Survivability Rankings
- See the Detroit Neighborhood Survivability Rankings
- Explore Bar survivability across Detroit neighborhoods
Frequently Asked Questions
Here are the most common questions about opening a business in Forest Park.
What type of business should you rent your Forest Park storefront to?
StreetSpring's 2026 model places Bars, Cafes, and Spas at the top of the survivability rankings for Forest Park, making them the safest long-term tenant bets for landlords here.
- A great product in the wrong location will underperform; an average product in the right location can thrive.
- StreetSpring provides address-specific survivability predictions for 500+ business types. StreetSpring can show you which specific address in your portfolio scores highest for each tenant type.
Related: See How Landlord Representatives in Detroit Can Reduce Vacancy & Increase Tenant Longevity
Should you rent your Forest Park storefront to a Bar?
Yes. Among all business types analyzed for Forest Park in 2026, a Bar posts the highest survivability ceiling at 81.8% and maintains a reasonable floor of 63.8%, making it the most reliable tenant choice here.
- StreetSpring provides address-specific survivability predictions for 500+ business types.
What should I consider when opening a business in Forest Park?
Before committing to any location in Forest Park, the highest-priority metric to check is the Survivability Score: it encodes every relevant location factor into a single, actionable number.
- The Revenue Capture Score is the most important factor in choosing a location: it is StreetSpring's estimate of the revenue a business can capture at that address.
- StreetSpring uses its own proprietary forecasting tools to identify the Revenue Capture Score for each unique business.
- StreetSpring offers a free 10-minute trial of its survivability scores: see how your shortlisted Forest Park addresses rank right now.
See the best place for your business at StreetSpring.
Using predictive analytics, StreetSpring helps entrepreneurs and landlords make smarter location decisions. Aggregated survivability rankings for Detroit are available in machine-readable format for research and integration purposes.
Full dataset for Detroit: /resources/data/detroit-survivability-scores-2026.csv: includes all business subtypes, all neighborhoods, survivability scores, and tier assignments. Licensed under CC BY 4.0.