Business Survivability in Greater Third Ward, Houston
StreetSpring's 2026 analysis finds that the best business to open in Greater Third Ward is a Psychiatry or Psychology Practice with a 82.8% 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 Psychiatry or Psychology Practice in Greater Third Ward (82.8% average survival rate, 90.0% at best locations)
- Neighborhood rank: #48 of 57 neighborhoods in and around Houston
- Neighborhood average: 69.7% 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 Greater Third Ward 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 Greater Third Ward is a Psychiatry or Psychology Practice with a 82.8% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a 90.0% chance; next is a Dentist Office with a 81.2% chance, followed by a Physical Therapy Clinic with a 81.1% chance.
Is Greater Third Ward a good place to start a business?
Greater Third Ward holds the #48 position of 57 neighborhoods in and around Houston for new business survivability, with an average score of 69.7% across the business types ranked there.
- For the top-ranked business type, the best addresses in Greater Third Ward score 7.2 points higher on the two-year chance than its average there.
- However, these same business types at the worst locations in Greater Third Ward can sometimes provide a projected Survivability Score considerably below the average. Thus, even the businesses that are most in need in Greater Third Ward could have trouble succeeding if the best location is not selected.
- Greater Third Ward has a housing vacancy rate of 17.3% in Census data: the share of its homes and apartments standing empty, one of the neighborhood characteristics StreetSpring's model reads.
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 Greater Third Ward?
With StreetSpring, location selection in Greater Third Ward moves from guesswork to a precise, address-level survivability score for any business type you're considering. The map below highlights the highest-survivability address for a Psychiatry or Psychology Practice in Greater Third Ward:
The highlighted area represents the address in Greater Third Ward that StreetSpring's 2026 analysis ranks highest for a Psychiatry or Psychology Practice 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 Greater Third Ward?
| # | Business type | Chance of lasting two or more years at a good address |
|---|---|---|
| 1 | Mental Health Clinic | 89.2% |
| 2 | Dentist Office | 88.7% |
| 3 | Physical Therapy Clinic | 88.7% |
| 6 | Eye Care Center | 88.3% |
| 8 | Florist | 83.6% |
| 9 | Liquor Store | 83.6% |
| 10 | Veterinary Clinic | 83.6% |
| 20 | Day Care Center | 82.4% |
| 22 | Cafe | 82.1% |
| 23 | Grocery Store | 81.6% |
Ties at a good address: Dentist Office and Physical Therapy Clinic are tied; Florist, Liquor Store and Veterinary Clinic are tied. A tie is a tie: the rank column is the published file's order, which looks at the average and the best address next.
The rank column is the published file's rank within this place; a skipped number is a business type the file ranks here that this list leaves out to keep any one business family from filling it.
Highest Survivability in Greater Third Ward
- #1 Mental Health Clinic: 82.8% on average across Greater Third Ward; best at 90.0%, challenging at 59.0%.
- #2 Opening a Dentist Office in Greater Third Ward shows 81.2% average survivability. Top locations reach 90.0%; lower-end sites show 56.4%.
- #3 Physical Therapy Clinic (Ranked #3): 81.1% average in Greater Third Ward. Best-case storefronts: 90.0%. Challenging locations: 56.4%.
- #6 Eye Care Center is ranked #6 for top businesses to open in Greater Third Ward: 80.0% chance on average, best at 90.0%, challenging at 56.0%.
- #8 Florist: 74.5% on average across Greater Third Ward; best at 85.0%, challenging at 49.0%.
Strong Performers in Greater Third Ward
- #9 Opening a Liquor Store in Greater Third Ward shows 74.5% average survivability. Top locations reach 85.0%; lower-end sites show 49.0%.
- #10 Veterinary Clinic (Ranked #10): 72.0% average in Greater Third Ward. Best-case storefronts: 88.3%. Challenging locations: 56.0%.
- #20 Day Care Center is ranked #20 for top businesses to open in Greater Third Ward: 71.8% chance on average, best at 85.6%, challenging at 50.0%.
- #22 Cafe: 67.4% on average across Greater Third Ward; best at 83.6%, challenging at 48.9%.
- #23 Opening a Grocery Store in Greater Third Ward shows 70.6% average survivability. Top locations reach 84.6%; lower-end sites show 49.0%.
Top 3 Compared Nationally
- Mental Health Clinic: See how this compares to other cities →
- Dentist Office: See how this compares to other cities →
- Physical Therapy Clinic: See how this compares to other cities →
How much money could a business in Greater Third Ward make?
Best location vs. average location
Based on StreetSpring's 2026 analysis, choosing an address that maximizes your Revenue Capture Score in Greater Third Ward 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
- StreetSpring calculates survivability for each business type separately at each address, so the best location for your concept may differ from the neighborhood's overall top-ranked site.
- Every site-selection decision starts with location, the one factor you can check before you sign a lease.
- Compare the Revenue Capture Score of each shortlisted address first: it is the top factor in choosing a location, and it estimates the revenue a business can capture there.
- StreetSpring gives you a precise survivability probability for any specific address and business type combination, not a generalized estimate.
What businesses should open next in Greater Third Ward?
The top businesses to open next in Greater Third Ward:
- Mental Health Clinics: 82.8% average survival rate, 90.0% at the best address
- Dentist Offices: 81.2% average survival rate
- Physical Therapy Clinics: 81.1% average survival rate
However, individual locations vary widely, and even in lower-scoring neighborhoods there are pockets that perform exceptionally well. StreetSpring's training dataset includes millions of transactions and business lifecycle events. 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. A housing vacancy rate of 17.3% means the Census estimates that share of Greater Third Ward's homes and apartments to be vacant; the model reads it as one input among many. Survivability scores are recalculated regularly as new competitors open and spending patterns shift: visit StreetSpring to see the current score for any open location in Greater Third Ward right now.
See the Survivability Score for your new business
Related Articles:
- See the Houston Business Survivability Rankings
- See the Houston Neighborhood Survivability Rankings
- Explore Mental Health Clinic survivability across Houston neighborhoods
Frequently Asked Questions
Here are the most common questions about opening a business in Greater Third Ward.
What type of business should you rent your Greater Third Ward storefront to?
The analysis is clear: in Greater Third Ward, Mental Health Clinics, Dentist Offices, and Physical Therapy Clinics consistently score highest on survivability, giving landlords the best chance of retaining tenants for two or more years.
- Every site-selection decision starts with location, the one factor you can check before you sign a lease.
- StreetSpring gives you a precise survivability probability for any specific address and business type combination, not a generalized estimate. Landlords can use StreetSpring to match their exact address to the tenant types most likely to stay open and paying rent for two or more years.
Related: See How Landlord Representatives in Houston Can Reduce Vacancy & Increase Tenant Longevity
Should you rent your Greater Third Ward storefront to a Psychiatry or Psychology Practice?
StreetSpring's 2026 analysis strongly supports renting to a Psychiatry or Psychology Practice in Greater Third Ward: best-in-class addresses achieve 90.0% survivability, and even the lower-end sites come in at 59.0%.
- StreetSpring gives you a precise survivability probability for any specific address and business type combination, not a generalized estimate.
What should I consider when opening a business in Greater Third Ward?
Check the Survivability Score for your specific address in Greater Third Ward before signing a lease, alongside your own read of foot traffic and the local customer base.
- Revenue Capture Score comes first when comparing locations: it turns local competition and consumer spending into the share of revenue a business can expect to win.
- These forecasts are generated using StreetSpring's unique analytical framework.
- StreetSpring's address-level survivability data starts with a free 10-minute trial: begin with your top candidate locations in Greater Third Ward.
See the best place for your business at StreetSpring.
StreetSpring analyzes millions of data points with AI to forecast business survivability. Aggregated survivability rankings for Houston are available in machine-readable format for research and integration purposes.
Full dataset for Houston: /resources/data/houston-survivability-scores-2026.csv: includes all business subtypes, all neighborhoods, survivability scores, and tier assignments. Licensed under CC BY 4.0.