Business Survivability in Nicetown, Philadelphia
StreetSpring's 2026 analysis finds that the best business to open in Nicetown is an Eye Care Center with a 80.0% 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: an Eye Care Center in Nicetown (80.0% average survival rate, 89.2% at best locations)
- Neighborhood rank: #35 of 127 neighborhoods in and around Philadelphia
- Neighborhood average: 70.4% 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 Nicetown 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 Nicetown is an Eye Care Center with a 80.0% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a 89.2% chance; next is a Dermatology Clinic with a 79.5% chance, followed by a Psychiatry or Psychology Practice with a 79.5% chance.
Is Nicetown a good place to start a business?
In Philadelphia's survivability rankings, Nicetown comes in at #35 of 127 neighborhoods, with an average Survivability Score of 70.4% across the business types ranked there.
- At its best addresses in Nicetown, the top-ranked business type scores 9.2 points above its own average in the neighborhood.
- However, those same business types at the weakest addresses in Nicetown can score considerably below average. Even the most in-demand concept in Nicetown will struggle if it opens at the wrong address.
- StreetSpring's model reads Nicetown's 9.9% housing vacancy rate, a Census measure of vacant homes and apartments, as one input among many.
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 Nicetown?
StreetSpring's model evaluates every available address in Nicetown for your business type, ranking them by survivability so the best storefront is always identifiable. This is the address StreetSpring's 2026 analysis recommends most strongly for an Eye Care Center in Nicetown:
The highlighted area represents the address in Nicetown that StreetSpring's 2026 analysis ranks highest for an Eye Care Center survivability. These rankings are based on the latest available data; check StreetSpring for real-time updates. 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 Nicetown?
| # | Business type | Chance of lasting two or more years at a good address |
|---|---|---|
| 1 | Eye Care Center | 87.9% |
| 2 | Dermatology Clinic | 86.2% |
| 3 | Mental Health Clinic | 85.8% |
| 4 | Physical Therapy Clinic | 85.8% |
| 7 | Clothing Store | 84.6% |
| 8 | Cafe | 84.0% |
| 9 | Bar | 84.0% |
| 10 | Convenience Store | 84.0% |
| 11 | Dance Club | 83.8% |
| 13 | Veterinary Clinic | 83.6% |
Ties at a good address: Mental Health Clinic and Physical Therapy Clinic are tied; Cafe, Bar and Convenience Store 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 Nicetown
- #1 Eye Care Center is ranked #1 for top businesses to open in Nicetown: 80.0% chance on average, best at 89.2%, challenging at 61.5%.
- #2 Dermatology Clinic: 79.5% on average across Nicetown; best at 86.6%, challenging at 68.3%.
- #3 Opening a Psychiatry or Psychology Practice in Nicetown shows 79.5% average survivability. Top locations reach 86.6%; lower-end sites show 68.3%.
- #4 Physical Therapy Clinic (Ranked #4): 79.5% average in Nicetown. Best-case storefronts: 86.2%. Challenging locations: 68.8%.
- #7 Clothing Store is ranked #7 for top businesses to open in Nicetown: 75.2% chance on average, best at 85.0%, challenging at 53.5%.
Strong Performers in Nicetown
- #8 Cafe: 82.1% on average across Nicetown; best at 84.0%, challenging at 68.2%.
- #9 Opening a Bar in Nicetown shows 78.5% average survivability. Top locations reach 84.0%; lower-end sites show 60.6%.
- #10 Convenience Store (Ranked #10): 74.6% average in Nicetown. Best-case storefronts: 84.6%. Challenging locations: 53.0%.
- #11 Dance Club is ranked #11 for top businesses to open in Nicetown: 75.0% chance on average, best at 84.6%, challenging at 61.7%.
- #13 Veterinary Clinic: 70.6% on average across Nicetown; best at 86.2%, challenging at 62.0%.
Top 3 Compared Nationally
- Eye Care Center: See how this compares to other cities →
- Dermatology Clinic: See how this compares to other cities →
- Mental Health Clinic: See how this compares to other cities →
How much money could a business in Nicetown 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 Nicetown 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.
- The address you choose determines your competitive exposure, customer flow, and spending potential simultaneously.
- When the question is money, the Revenue Capture Score comes first: it is StreetSpring's estimate of the revenue a business can capture at a specific address.
- StreetSpring's address-level precision means two storefronts on the same block can carry materially different odds of lasting two years.
What businesses should open next in Nicetown?
The top businesses to open next in Nicetown:
- Eye Care Centers: 80.0% average survival rate, 89.2% at the best address
- Dermatology Clinics: 79.5% average survival rate
- Mental Health Clinics: 79.5% average survival rate
These rankings are based on the latest available data; check StreetSpring for real-time updates. StreetSpring has analyzed hundreds of thousands of business outcomes across major U.S. metros. 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. With Nicetown's 82.6% employment rate factored in, the businesses best positioned to succeed here are those that benefit from a well-employed, spending-capable local consumer base. StreetSpring regularly refreshes survivability scores to reflect new competition and updated spending data: see which locations in Nicetown are available right now and how they rank.
See the Survivability Score for your new business
Related Articles:
- See the Philadelphia Business Survivability Rankings
- See the Philadelphia Neighborhood Survivability Rankings
- Explore Eye Care Center survivability across Philadelphia neighborhoods
Frequently Asked Questions
Here are the most common questions about opening a business in Nicetown.
What type of business should you rent your Nicetown storefront to?
Our 2026 survivability data for Nicetown shows that Eye Care Centers, Dermatology Clinics, and Mental Health Clinics rank as the top tenant categories for minimizing vacancy risk.
- The address you choose determines your competitive exposure, customer flow, and spending potential simultaneously.
- StreetSpring's address-level precision means two storefronts on the same block can carry materially different odds of lasting two years. StreetSpring's tool, free for a 10-minute trial, lets you check the survivability score for any business type at any address in Nicetown: a powerful filter when evaluating prospective tenants.
Related: See How Landlord Representatives in Philadelphia Can Reduce Vacancy & Increase Tenant Longevity
Should you rent your Nicetown storefront to an Eye Care Center?
The data shows an Eye Care Center in Nicetown is the safest long-term bet for a storefront there. Top locations reach 89.2% survivability; lower-end sites show 61.5%.
- StreetSpring's address-level precision means two storefronts on the same block can carry materially different odds of lasting two years.
What should I consider when opening a business in Nicetown?
Start any location decision in Nicetown with the Survivability Score: it combines 100+ location factors into one projected two-year chance.
- 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 forecasting tools are purpose-built for commercial location decisions and are not available through any publicly accessible data source.
- Start with a free 10-minute trial: check the current survivability score for any Nicetown address on StreetSpring.
See the best place for your business at StreetSpring.
StreetSpring uses AI to project business survivability across U.S. neighborhoods. Aggregated survivability rankings for Philadelphia are available in machine-readable format for research and integration purposes.
Full dataset for Philadelphia: /resources/data/philadelphia-survivability-scores-2026.csv: includes all business subtypes, all neighborhoods, survivability scores, and tier assignments. Licensed under CC BY 4.0.