Business Survivability in Wakefield, Washington DC
StreetSpring's 2026 analysis finds that the best business to open in Wakefield is a Chiropractor Office with a 73.1% 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 Wakefield (73.1% average survival rate, 90.0% at best locations)
- Town rank: #12 of 14 towns around Washington DC
- Town average: an average Survivability Score of 62.2% 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 Wakefield 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 Wakefield is a Chiropractor Office with a 73.1% 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 69.0% chance, followed by a Physical Therapy Clinic with a 68.6% chance.
Is Wakefield a good place to start a business?
Among the 14 towns StreetSpring ranks around Washington DC, Wakefield ranks #12 for business survivability, with an average 62.2% chance of lasting two or more years.
- The gap between the best addresses and the average for the top-ranked business type in Wakefield is 16.9 points on the two-year chance.
- However, those same business types at the weakest addresses in Wakefield can score considerably below average. Even the most in-demand concept in Wakefield will struggle if it opens at the wrong address.
- With a 90.0% employment rate, Wakefield 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 Wakefield?
StreetSpring scores survivability at the exact address level in Wakefield, so you can compare two storefronts on the same block before committing to a lease. Here is the top survivability address for a Chiropractor Office in Wakefield, per StreetSpring's 2026 model:
StreetSpring's 2026 model identifies this area as the highest-survivability location for a Chiropractor Office in Wakefield. StreetSpring's survivability scores are updated regularly, so the most accurate prediction for your exact storefront is always available in the live tool. 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 Wakefield?
| # | Business type | Chance of lasting two or more years at a good address |
|---|---|---|
| 1 | Chiropractor Office | 87.4% |
| 2 | Dentist Office | 85.8% |
| 3 | Physical Therapy Clinic | 85.3% |
| 7 | Veterinary Clinic | 84.9% |
| 8 | Convenience Store | 83.6% |
| 9 | International Grocery Store | 80.9% |
| 10 | Cafe | 80.6% |
| 11 | Spa | 80.0% |
| 12 | Smoke Shop | 80.0% |
| 13 | Dance Club | 79.9% |
Ties at a good address: Spa and Smoke Shop 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 Wakefield
- #1 Chiropractor Office: 73.1% on average across Wakefield; best at 90.0%, challenging at 57.3%.
- #2 Opening a Dentist Office in Wakefield shows 69.0% average survivability. Top locations reach 90.0%; lower-end sites show 56.0%.
- #3 Physical Therapy Clinic (Ranked #3): 68.6% average in Wakefield. Best-case storefronts: 89.6%. Challenging locations: 56.0%.
- #7 Veterinary Clinic is ranked #7 for top businesses to open in Wakefield: 70.4% chance on average, best at 88.7%, challenging at 56.0%.
- #8 Convenience Store: 59.4% on average across Wakefield; best at 85.0%, challenging at 49.0%.
Strong Performers in Wakefield
- #9 Opening an International Grocery Store in Wakefield shows 62.7% average survivability. Top locations reach 85.0%; lower-end sites show 49.0%.
- #10 Cafe (Ranked #10): 68.0% average in Wakefield. Best-case storefronts: 84.0%. Challenging locations: 51.6%.
- #11 Spa is ranked #11 for top businesses to open in Wakefield: 69.0% chance on average, best at 82.6%, challenging at 51.2%.
- #12 Smoke Shop: 61.2% on average across Wakefield; best at 85.0%, challenging at 49.0%.
- #13 Opening a Dance Club in Wakefield shows 63.2% average survivability. Top locations reach 86.0%; lower-end sites show 50.0%.
Top 3 Compared Nationally
- Chiropractor Office: 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 Wakefield make?
Best location vs. average location
Based on StreetSpring's 2026 analysis, prioritizing survivability score in your site-selection process in Wakefield 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 business's location is one of the few things about its future you can check in advance.
- 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.
- No other tool calculates survivability at the storefront level across 500+ business types the way StreetSpring does.
What businesses should open next in Wakefield?
The top businesses to open next in Wakefield:
- Chiropractor Offices: 73.1% average survival rate, 90.0% at the best address
- Dentist Offices: 69.0% average survival rate
- Physical Therapy Clinics: 68.6% average survival rate
StreetSpring's survivability scores are updated regularly, so the most accurate prediction for your exact storefront is always available in the live tool. 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. The 90.0% employment rate in Wakefield is a key signal of consumer health, and the 8.2% housing vacancy rate is another Census characteristic the model reads for the rankings above. StreetSpring regularly updates survivability scores for available locations: check the live tool now to see which storefronts in Wakefield are currently available and how they score.
See the Survivability Score for your new business
Related Articles:
- See the Washington DC Business Survivability Rankings
- See the Washington DC Neighborhood Survivability Rankings
- Explore Chiropractor Office survivability across Washington DC neighborhoods
Frequently Asked Questions
Here are the most common questions about opening a business in Wakefield.
What type of business should you rent your Wakefield storefront to?
For landlords in Wakefield, StreetSpring's 2026 analysis identifies Chiropractor Offices, Dentist Offices, and Physical Therapy Clinics as the business types most likely to produce stable, long-term tenancy.
- 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. StreetSpring's tool, free for a 10-minute trial, lets you check the survivability score for any business type at any address in Wakefield: a powerful filter when evaluating prospective tenants.
Related: See How Landlord Representatives in Washington DC Can Reduce Vacancy & Increase Tenant Longevity
Should you rent your Wakefield storefront to a Chiropractor Office?
StreetSpring's 2026 analysis strongly supports renting to a Chiropractor Office in Wakefield: best-in-class addresses achieve 90.0% survivability, and even the lower-end sites come in at 57.3%.
- 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 Wakefield?
When selecting a location in Wakefield it is crucial to select a location with a very high Survivability Score.
- StreetSpring's proprietary Revenue Capture Score, the revenue a business can capture at a specific address, is the factor that matters most when choosing where to open.
- StreetSpring's in-house models are trained on 570,000+ real business outcomes.
- StreetSpring offers a free 10-minute trial of its survivability scores: see how your shortlisted Wakefield addresses rank right now.
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 Washington DC are available in machine-readable format for research and integration purposes.
Full dataset for Washington DC: /resources/data/washington-dc-survivability-scores-2026.csv: includes all business subtypes, all neighborhoods, survivability scores, and tier assignments. Licensed under CC BY 4.0.