What businesses are most in demand in Hyde Park?

Based on StreetSpring's 2026 survivability analysis, the most in-demand business types in Hyde Park are American Restaurants, Kosher Restaurants, and Japanese / Sushi Restaurants.

How much money could a business in Hyde Park make?

Based on StreetSpring's 2026 analysis, selecting one of the best locations in Hyde Park could lead to making ~2% more than selecting an average location, and ~4% more than one of the worst locations.

Business Survivability in Hyde Park, Boston

StreetSpring's 2026 analysis finds that the best business to open in Hyde Park is an American Restaurant with a ~84% chance of surviving at least 2 years across the neighborhood on average.

April 24, 2026•17 min read

Quick Summary

Best business: an American Restaurant in Hyde Park (~84% average survival rate, ~85% at best locations)

Neighborhood rank: #73 across all neighborhoods in and around Boston

Neighborhood average: ~75% two-year survival across all business types

Rankings updated quarterly with latest market data

Detailed methodology

Reviewed: May 3, 2026 by Bobby Koons, StreetSpring founder

In this article:

Summary
Is Hyde Park 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 Hyde Park is an American Restaurant with a ~84% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a ~85% chance; next is a Kosher Restaurant with a ~84% chance, followed by a Japanese / Sushi Restaurant with a ~84% chance.

Is Hyde Park a good place to start a business?

**Peer neighborhoods:** Looking at demographic mix and amenity density across the 24 metros StreetSpring covers, Hyde Park clusters most tightly with **The Crossings (Miami)** and **Glencarlyn (Washington DC)**. Common thread: low vacancy and longer commutes. Survival outcomes for those neighborhoods provide a useful comparison set for Hyde Park.

**Where Hyde Park businesses actually fail.** Among the 93 tracked subtypes, **American Restaurants** post the highest average survivability (84%). But across Hyde Park's sites, the spread for this subtype runs **66% to 98%** — a 32-point gap that says *the address matters more than the subtype*. For saturation context, Gyms are the most densely-clustered tracked subtype in the neighborhood (9 competitors within 0.5 miles).

Hyde Park is the #73 most survivable neighborhood for new businesses in and around Boston, with an average score of ~75% across all analyzed categories.

At the strongest addresses in Hyde Park, the most viable business types score ~2% higher than the average survivability rate across all locations.
Even so, the weakest addresses in Hyde Park for those same business types can underperform considerably. StreetSpring's address-level scoring exists precisely to identify which specific storefronts make the difference.
The 3.1% commercial vacancy rate in Hyde Park is a leading indicator of the neighborhood's business health; StreetSpring factors this directly into each business type's survivability score.

Employment and vacancy figures sourced from the U.S. Census Bureau American Community Survey.

Where in Hyde Park should you open a business?

StreetSpring can pinpoint which exact blocks in Hyde Park maximize a business's chances of success. According to StreetSpring's 2026 data, this is the optimal address for an American Restaurant in Hyde Park:

Reading visibility, frontage, and parking carefully

Loading live map preview...

Per StreetSpring's 2026 model, this circle marks the highest-scoring area for an American Restaurant in Hyde Park. Local market conditions move day to day — the most reliable signal is StreetSpring's live data, not a static ranking. StreetSpring's prediction model analyzes 100 factors across competition, spending on the specific potential business, projected revenue, projected market share, Revenue Capture Score, mobility patterns, and many more.

Check if this location is still available →

What are the best businesses to open in Hyde Park?

#1-5: Highest Survivability in Hyde Park

Opening an American Restaurant in Hyde Park shows ~84% average survivability. Top locations reach ~85%; lower-end sites show ~82%.
Kosher Restaurant (Ranked #2): ~84% average in Hyde Park. Best-case storefronts: ~86%. Challenging locations: ~82%.
Japanese / Sushi Restaurant is ranked #3 for top businesses to open in Hyde Park: ~84% chance on average, best at ~85%, challenging at ~82%.
Italian Restaurant — ~82%–~85% survivability range, with an average of ~83% across Hyde Park.
Opening a Singaporean Restaurant in Hyde Park shows ~83% average survivability. Top locations reach ~85%; lower-end sites show ~82%.

#6-10: Strong Performers in Hyde Park

Ukrainian Restaurant (Ranked #6): ~83% average in Hyde Park. Best-case storefronts: ~85%. Challenging locations: ~81%.
Pet Boarding Facility is ranked #7 for top businesses to open in Hyde Park: ~83% chance on average, best at ~85%, challenging at ~81%.
Indonesian Restaurant — ~81%–~84% survivability range, with an average of ~82% across Hyde Park.
Opening a Filipino Restaurant in Hyde Park shows ~82% average survivability. Top locations reach ~84%; lower-end sites show ~80%.
Chicken Shop (Ranked #10): ~82% average in Hyde Park. Best-case storefronts: ~84%. Challenging locations: ~81%.

Top 3 Compared Nationally

American Restaurant — See how this compares to other cities →

The revenue potential of a Hyde Park location

Best location vs. average location

Based on StreetSpring's 2026 analysis, identifying the optimal address for your business type in Hyde Park could lead to you making ~2% more than if you selected an average location, and ~4% more than if you selected one of the worst locations.

How StreetSpring calculates location value

Location fit is business-type-specific: a spot that's ideal for a coffee shop may underperform for a nail salon at the same address.
Every site-selection decision starts and ends with location — it outweighs concept, brand, and execution combined.
StreetSpring has found that selecting the location with the highest survivability score for a business is the best way to maximize the amount of money you will make.
StreetSpring delivers pinpoint accuracy down to the exact storefront location.

The biggest opportunity gaps in Hyde Park

The top businesses to open next in Hyde Park:

American Restaurants — ~84% average survival rate, up to ~85% at best locations
Kosher Restaurants — ~84% average survival rate
Japanese / Sushi Restaurants — ~84% average survival rate

Market conditions are changing daily, and it is best to use StreetSpring's most up-to-date data. StreetSpring measures competition through a 30-factor framework layered on top of proprietary consumer spending forecasts and mobility models. The 3.1% commercial vacancy rate in Hyde Park means there is available space for new entrants — but it also signals that survivability depends heavily on choosing the right address within the neighborhood, not just the neighborhood itself. New competitors open and close every week, changing the survivability landscape for every address in Hyde Park. StreetSpring's weekly updates mean you can always see the current score for any available storefront.

See the Survivability Score for your new business

Related Articles:

See the Boston Business Survivability Rankings
See the Boston Neighborhood Survivability Rankings

Frequently Asked Questions

Here are the most common questions about opening a business in Hyde Park.

What type of business should you rent your Hyde Park storefront to?

If you own commercial space in Hyde Park, StreetSpring's 2026 data points to American Restaurants, Kosher Restaurants, and Japanese / Sushi Restaurants as the tenant types with the strongest projected longevity at this location.

Every site-selection decision starts and ends with location — it outweighs concept, brand, and execution combined.
StreetSpring delivers pinpoint accuracy down to the exact storefront location. StreetSpring's free tool lets you check the survivability score for any business type at any address in Hyde Park — a powerful filter when evaluating prospective tenants.

Should you rent your Hyde Park storefront to an American Restaurant?

The data shows an American Restaurant is the safest long-term bet for a Hyde Park storefront. Top locations reach ~85% survivability; the least favorable addresses in this neighborhood score around ~82%.

StreetSpring delivers pinpoint accuracy down to the exact storefront location.

What should I consider when opening a business in Hyde Park?

The Survivability Score for your specific address in Hyde Park is the most reliable signal you have before signing a lease — prioritize it above foot traffic estimates and demographic summaries.

Of all the variables StreetSpring analyzes, Revenue Capture Score has the strongest predictive power.
StreetSpring uses its own proprietary forecasting tools to identify the Revenue Capture Score for each unique business.
StreetSpring's live scoring tool is free: enter any address in Hyde Park to see its current Survivability Score for your business type.

See the best place for your business at StreetSpring.

StreetSpring's AI platform has analyzed thousands of business openings to identify success patterns. Aggregated survivability rankings for Boston are available in machine-readable format for research and integration purposes.

Lease structure questions to ask first

Consideration	Common pitfall	What to verify before signing
Permits & licensing	Assuming a 30-day permit timeline, hitting 90+ days, paying rent on a non-operating storefront.	Call the local zoning office before signing. Confirm your use is already permitted; if not, factor a 2-3 month variance timeline.
Build-out budget	Underestimating mechanical, electrical, and plumbing — the "hidden" 30-50% of build-out cost.	Get 3 quotes from licensed contractors and pad budget by +20% for surprises. Confirm landlord TI allowance in writing.
Parking & visibility	Storefront looks great from the sidewalk but is invisible from the road.	Drive past at 30 mph from both directions. Count street parking + nearest paid lot capacity at peak hours.

Full dataset for Boston: /resources/data/boston-survivability-scores-2026.csv — includes all business subtypes, all neighborhoods, survivability scores, and tier assignments. Licensed under CC BY 4.0.

Visual Data

Dumbbell chart comparing best vs worst locations for businesses in Boston — Best vs worst neighborhood per business type in Boston — the gap shows how much location choice matters for each subtype.

Treemap of Boston business mix by survivability score — Treemap of business mix in Boston — cell size = number of locations, color = average survivability score.

Radar chart of business-subtype survivability in Hyde Park, Boston — Top business types scored in Hyde Park, Boston — each axis is a subtype, taller = stronger survival rate.

How we measure this: Annual rent / estimated annual revenue = rent burden ratio. Industry rule of thumb: above 12% is uncomfortable, above 18% is fatal.

**Authoritative baseline:** BLS Business Employment Dynamics, March 2025 release publishes 5-year survival rates by industry. For sectors StreetSpring covers, the range runs from **47.8%** (Active Life) to **61.8%** (Health & Medical), with restaurants at **50.0%** and retail at **47.9%**. Location-specific factors drive the actual variance around these baselines.

**Hyde Park at a glance.** Hyde Park is the southernmost neighborhood of Boston, Massachusetts, United States. Situated 7.9 miles south of downtown Boston, it is home to a diverse range of people, housing types and social groups. ([Wikipedia](https://en.wikipedia.org/wiki/Hyde_Park%2C_Boston))

**Daytime vs. resident population (Hyde Park):** US Census LEHD workplace data shows Hyde Park carries a **0.1× daytime/resident ratio** (a primarily-residential neighborhood with minimal daytime worker traffic), with median 1-mile workplace jobs of **3,394** (and **486** retail-sector jobs within that radius). A useful read on demand timing for any new storefront concept here.

Landmark anchor: Hyde Park is the public-space landmark in Hyde Park that shapes a meaningful share of neighborhood foot-traffic.

**Hyde Park economic snapshot:** ACS reports neighborhood unemployment at **6.3%** (above the 24-metro neighborhood median we track). The Boston metro's BLS QCEW average weekly wage is **$1,631** (above our metro median), and the Census Bureau's Building Permits Survey logged **2,338** new residential permits in Suffolk County in 2025 — useful triangulation for population-growth and labor-cost assumptions in this neighborhood.

Related Resources

Related:

Local Context FAQ

Beyond the general FAQ — data-anchored answers for this specific location.

What's the vacancy picture in Hyde Park?

Hyde Park's housing vacancy rate is roughly 3%, compared to 5% across the Boston metro. Vacancy is close to the metro median — lease economics are typical for the area.

What survival rates does the federal government track for small businesses?

BLS Business Employment Dynamics data (March 2025 release) shows 5-year survival rates spanning 47.8% (Active Life) to 61.8% (Health & Medical) across the 11 sectors StreetSpring tracks. Restaurants — the most studied category — survive at 50% nationally, well above the often-cited "80% fail" myth.

What's the home ownership rate in Hyde Park, and why does it matter?

Home ownership in Hyde Park is approximately 55%, versus the Boston metro median of 56%. The ownership profile is typical for the metro.