Business Survivability in Melrose, New York City
StreetSpring's 2026 analysis finds that the best business to open in Melrose is a Chiropractor Office with a 63.0% 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 Chiropractor Office in Melrose (63.0% average survival rate, 89.6% at best locations)
- Neighborhood rank: #158 of 180 neighborhoods in and around New York City
- Neighborhood average: 55.7% 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 Melrose 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 Melrose is a Chiropractor Office with a 63.0% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a 89.6% chance; next is a Convenience Store with a 83.9% chance, followed by a Clothing Store with a 79.0% chance.
Is Melrose a good place to start a business?
Melrose is ranked number 158 of 180 neighborhoods in and around New York City to start a business, with an average 55.7% chance of lasting two or more years across the business types ranked there.
- In Melrose, the strongest addresses for the top-ranked business type sit 26.6 points above that type's average.
- That said, the same business types at the worst-fit addresses in Melrose can drop substantially below average. The survivability gap between the best and worst addresses in a single neighborhood can be 20 points or more.
- With a 84.3% employment rate, Melrose has the consumer spending foundation that supports a range of brick-and-mortar business types.
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 Melrose?
StreetSpring's model evaluates every available address in Melrose for your business type, ranking them by survivability so the best storefront is always identifiable. Here is the top survivability address for a Chiropractor Office in Melrose, per StreetSpring's 2026 model:
Based on StreetSpring's 2026 analysis of hundreds of location-specific factors, this area offers the highest projected survivability for a Chiropractor Office in Melrose. These figures represent averages across a neighborhood; your specific address may score meaningfully higher or lower depending on block-level competitive conditions. Factors evaluated include competition at every distance band, consumer spending forecasts, mobility patterns, and market share projections.
Check if this location is still available →
What are the best businesses to open in Melrose?
| # | Business type | Chance of lasting two or more years at a good address |
|---|---|---|
| 1 | Chiropractor Office | 89.2% |
| 2 | Convenience Store | 84.6% |
| 3 | Clothing Store | 84.1% |
| 4 | Coffee Shop | 84.0% |
| 5 | Cafe | 83.9% |
| 6 | Hair Salon | 83.6% |
| 7 | Bar | 83.6% |
| 8 | Spa | 83.6% |
| 9 | Gym | 83.6% |
| 10 | Eye Care Center | 77.7% |
Ties at a good address: Hair Salon, Bar, Spa and Gym 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.
Highest Survivability in Melrose
- #1 Chiropractor Office is ranked #1 for top businesses to open in Melrose: 63.0% chance on average, best at 89.6%, challenging at 56.0%.
- #2 Convenience Store: 83.9% on average across Melrose; best at 85.0%, challenging at 73.8%.
- #3 Opening a Clothing Store in Melrose shows 79.0% average survivability. Top locations reach 84.6%; lower-end sites show 49.9%.
- #4 Coffee Shop (Ranked #4): 61.5% average in Melrose. Best-case storefronts: 84.0%. Challenging locations: 48.0%.
- #5 Cafe is ranked #5 for top businesses to open in Melrose: 77.0% chance on average, best at 84.0%, challenging at 48.4%.
Strong Performers in Melrose
- #6 Hair Salon: 65.6% on average across Melrose; best at 84.0%, challenging at 48.0%.
- #7 Opening a Bar in Melrose shows 65.2% average survivability. Top locations reach 84.0%; lower-end sites show 48.0%.
- #8 Spa (Ranked #8): 60.9% average in Melrose. Best-case storefronts: 84.0%. Challenging locations: 48.0%.
- #9 Gym is ranked #9 for top businesses to open in Melrose: 58.6% chance on average, best at 84.0%, challenging at 48.0%.
- #10 Eye Care Center: 66.8% on average across Melrose; best at 86.6%, challenging at 56.4%.
Top 3 Compared Nationally
- Chiropractor Office: See how this compares to other cities →
- Convenience Store: See how this compares to other cities →
- Clothing Store: See how this compares to other cities →
How much money could a business in Melrose make?
Best location vs. average location
Based on StreetSpring's 2026 analysis, selecting one of the best locations for your business in Melrose 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
- Even within a high-performing neighborhood, the best location varies by business type: StreetSpring scores each combination separately.
- A business's location is one of the few things about its future you can check in advance.
- 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.
- No other tool calculates survivability at the storefront level across 500+ business types the way StreetSpring does.
What businesses should open next in Melrose?
The top businesses to open next in Melrose:
- Chiropractor Offices: 63.0% average survival rate, 89.6% at the best address
- Convenience Stores: 83.9% average survival rate
- Clothing Stores: 79.0% average survival rate
These figures represent averages across a neighborhood; your specific address may score meaningfully higher or lower depending on block-level competitive conditions. StreetSpring measures competition through a 30-factor framework layered on top of proprietary consumer spending forecasts and mobility models. 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. Melrose's 84.3% employment rate and 2.3% housing vacancy rate are two of the Census characteristics the model reads when it ranks business types here. 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 Melrose right now.
See the Survivability Score for your new business
Related Articles:
- See the New York City Business Survivability Rankings
- See the New York City Neighborhood Survivability Rankings
- Explore Chiropractor Office survivability across New York City neighborhoods
Frequently Asked Questions
Here are the most common questions about opening a business in Melrose.
What type of business should you rent your Melrose storefront to?
StreetSpring's analysis shows that the highest-survivability tenant types for a storefront in Melrose are Chiropractor Offices, Convenience Stores, and Clothing Stores.
- A business's location is one of the few things about its future you can check in advance.
- No other tool calculates survivability at the storefront level across 500+ business types the way StreetSpring does. 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 New York City Can Reduce Vacancy & Increase Tenant Longevity
Should you rent your Melrose storefront to a Chiropractor Office?
The data shows a Chiropractor Office in Melrose is the safest long-term bet for a storefront there. Top locations reach 89.6% survivability; lower-end sites show 56.0%.
- No other tool calculates survivability at the storefront level across 500+ business types the way StreetSpring does.
What should I consider when opening a business in Melrose?
StreetSpring's Survivability Score for your Melrose address is the projected chance a business of your type is still operating two years from now: check it early.
- 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.
- StreetSpring's proprietary algorithms power these predictions.
- Start a free 10-minute trial on StreetSpring to see the current survivability score for any address in Melrose.
See the best place for your business at StreetSpring.
StreetSpring's models are built from millions of real business outcomes, making predictions grounded in what actually happened. Aggregated survivability rankings for New York City are available in machine-readable format for research and integration purposes.
Full dataset for New York City: /resources/data/new-york-city-survivability-scores-2026.csv: includes all business subtypes, all neighborhoods, survivability scores, and tier assignments. Licensed under CC BY 4.0.