Business Survivability in Richmond, Portland
StreetSpring's 2026 analysis finds that the best business to open in Richmond is a Chiropractor Office with a 77.2% 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 Chiropractor Office in Richmond (77.2% average survival rate, 89.6% at best locations)
- Neighborhood rank: #27 of 47 neighborhoods in and around Portland
- Neighborhood average: 62.6% 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 Richmond 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 Richmond is a Chiropractor Office with a 77.2% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a 89.6% chance; next is a Veterinary Clinic with a 75.7% chance, followed by a Dentist Office with a 68.7% chance.
Is Richmond a good place to start a business?
StreetSpring ranks Richmond #27 of 47 neighborhoods in and around Portland, with an average Survivability Score of 62.6% across the business types ranked there.
- The gap between the best addresses and the average for the top-ranked business type in Richmond is 12.4 points on the two-year chance.
- However, these same business types at the worst locations in Richmond can sometimes provide a projected Survivability Score considerably below the average. Thus, even the businesses that are most in need in Richmond could have trouble succeeding if the best location is not selected.
- With a 96.1% employment rate, Richmond 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 Richmond?
StreetSpring narrows the decision down to the exact address, showing which blocks in Richmond produce the highest survivability scores for your concept. The location below represents the address in Richmond with the highest projected survivability for a Chiropractor Office:
StreetSpring's 2026 model identifies this area as the highest-survivability location for a Chiropractor Office in Richmond. Even the best-ranked neighborhoods contain locations that underperform, and the worst-ranked ones have hidden gems. The model evaluates hundreds of factors, from primary and secondary competition to forecasted spend, site accessibility, and local market share potential.
Check if this location is still available →
What are the best businesses to open in Richmond?
| # | Business type | Chance of lasting two or more years at a good address |
|---|---|---|
| 1 | Chiropractor Office | 89.2% |
| 2 | Veterinary Clinic | 86.2% |
| 3 | Dentist Office | 85.8% |
| 4 | Convenience Store | 85.0% |
| 5 | Physical Therapy Clinic | 84.9% |
| 8 | Clothing Store | 84.1% |
| 10 | Coffee Shop | 83.6% |
| 11 | Laundromat | 83.6% |
| 12 | Gym | 83.6% |
| 13 | Bar | 83.6% |
Ties at a good address: Coffee Shop, Laundromat, Gym and Bar 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 Richmond
- #1 Chiropractor Office (Ranked #1): 77.2% average in Richmond. Best-case storefronts: 89.6%. Challenging locations: 59.4%.
- #2 Veterinary Clinic is ranked #2 for top businesses to open in Richmond: 75.7% chance on average, best at 89.6%, challenging at 59.8%.
- #3 Dentist Office: 68.7% on average across Richmond; best at 87.0%, challenging at 56.4%.
- #4 Opening a Convenience Store in Richmond shows 79.9% average survivability. Top locations reach 85.0%; lower-end sites show 53.0%.
- #5 Physical Therapy Clinic (Ranked #5): 68.2% average in Richmond. Best-case storefronts: 87.0%. Challenging locations: 56.0%.
Strong Performers in Richmond
- #8 Clothing Store is ranked #8 for top businesses to open in Richmond: 75.5% chance on average, best at 85.0%, challenging at 50.4%.
- #10 Coffee Shop: 77.5% on average across Richmond; best at 84.0%, challenging at 53.8%.
- #11 Opening a Laundromat in Richmond shows 74.0% average survivability. Top locations reach 84.0%; lower-end sites show 49.8%.
- #12 Gym (Ranked #12): 71.7% average in Richmond. Best-case storefronts: 84.0%. Challenging locations: 52.0%.
- #13 Bar is ranked #13 for top businesses to open in Richmond: 70.8% chance on average, best at 84.0%, challenging at 53.0%.
Top 3 Compared Nationally
- Chiropractor Office: See how this compares to other cities →
- Veterinary Clinic: See how this compares to other cities →
- Dentist Office: See how this compares to other cities →
How much money could a business in Richmond make?
Best location vs. average location
Based on StreetSpring's 2026 analysis, going with one of the top-scoring locations in the neighborhood rather than an average one in Richmond 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.
- Every survivability score StreetSpring produces is specific to the exact address and business type, not averaged across a zip code or neighborhood.
What businesses should open next in Richmond?
The top businesses to open next in Richmond:
- Chiropractor Offices: 77.2% average survival rate, 89.6% at the best address
- Veterinary Clinics: 75.7% average survival rate
- Dentist Offices: 68.7% average survival rate
Even the best-ranked neighborhoods contain locations that underperform, and the worst-ranked ones have hidden gems. We have been studying the businesses serving more than 180 million+ Americans. 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 4.9% means the Census estimates that share of Richmond's homes and apartments to be vacant; the model reads it as one input among many. The data behind these rankings is updated regularly, so the best available storefront in Richmond today may score differently than it did last month: check StreetSpring's live tool for the current picture.
See the Survivability Score for your new business
Related Articles:
- See the Portland Business Survivability Rankings
- See the Portland Neighborhood Survivability Rankings
- Explore Chiropractor Office survivability across Portland neighborhoods
Frequently Asked Questions
Here are the most common questions about opening a business in Richmond.
What type of business should you rent your Richmond storefront to?
Based on 2026 survivability scores across all business types in Richmond, the top three tenant categories for landlords are Chiropractor Offices, Veterinary Clinics, and Dentist Offices.
- The address you choose determines your competitive exposure, customer flow, and spending potential simultaneously.
- Every survivability score StreetSpring produces is specific to the exact address and business type, not averaged across a zip code or neighborhood. With StreetSpring, you can rank every potential tenant type by survivability score at your property address before committing to a lease.
Related: See How Landlord Representatives in Portland Can Reduce Vacancy & Increase Tenant Longevity
Should you rent your Richmond storefront to a Chiropractor Office?
Yes. Among all business types analyzed for Richmond in 2026, a Chiropractor Office posts the highest survivability ceiling at 89.6% and maintains a reasonable floor of 59.4%, making it the most reliable tenant choice here.
- Every survivability score StreetSpring produces is specific to the exact address and business type, not averaged across a zip code or neighborhood.
What should I consider when opening a business in Richmond?
When opening a business in Richmond, compare the Survivability Scores of your shortlisted addresses and favor the highest one your budget allows.
- 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.
- Every survivability score is produced by StreetSpring's private prediction engine, not available through any other platform.
- Start a free 10-minute trial on StreetSpring to see the current survivability score for any address in Richmond.
See the best place for your business at StreetSpring.
StreetSpring combines proprietary data with advanced analytics to predict which businesses will succeed. Aggregated survivability rankings for Portland are available in machine-readable format for research and integration purposes.
Full dataset for Portland: /resources/data/portland-survivability-scores-2026.csv: includes all business subtypes, all neighborhoods, survivability scores, and tier assignments. Licensed under CC BY 4.0.