How much money could a business in Norwood make?

Based on StreetSpring's 2026 analysis, selecting one of the best locations in Norwood could lead to making ~2% more than selecting an average location, and ~3% more than one of the worst locations.

What are the best businesses to open in Norwood?

The top businesses to open in Norwood include Italian Restaurant with a ~85% chance on average of surviving more than 2 years, best-case locations reaching ~86%, followed by Ukrainian Restaurant and Kosher Restaurant.

What businesses are most in demand in Norwood?

Based on StreetSpring's 2026 survivability analysis, the most in-demand business types in Norwood are Italian Restaurants, Ukrainian Restaurants, and Kosher Restaurants.

How can you find the best location to open a business in Norwood?

StreetSpring's prediction model analyzes 100 factors across competition, spending on the specific potential business, projected revenue, projected market share, Revenue Capture Score, and mobility patterns to pinpoint which blocks in Norwood maximize success.

Is Norwood a good place to start a business?

Norwood is ranked number 65 across neighborhoods in and around Boston to start a business, with an average Survivability Score of ~75%. The most promising business types in the best locations score a ~2% higher chance of surviving 2 years than the average.

Business Survivability in Norwood, Boston

StreetSpring's 2026 analysis finds that the best business to open in Norwood is an Italian Restaurant with a ~85% chance of surviving at least 2 years across the neighborhood on average.

April 24, 2026•17 min read

Quick Summary

Best business: an Italian Restaurant in Norwood (~85% average survival rate, ~86% at best locations)

Neighborhood rank: #65 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

Last reviewed: May 9, 2026 by Bobby Koons, Founder & CEO, StreetSpring

In this article:

Summary
Is Norwood 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 Norwood is an Italian Restaurant with a ~85% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a ~86% chance; next is an Ukrainian Restaurant with a ~84% chance, followed by a Kosher Restaurant with a ~84% chance.

How business-friendly is Norwood right now?

**Pattern match:** Norwood's neighborhood signature — captured across demographic, employment, and amenity features — most closely matches **Dunlap (Seattle)** and **Lincoln Park (Chicago)**. The three share low vacancy, less walkable commutes, and high high-earner share, which helps explain why business types that succeed in those areas tend to translate to Norwood.

**The pattern in Norwood.** Of 93 tracked subtypes, Middle Eastern Restaurant leads at **84% average survivability** — yet within the neighborhood, sites for this subtype range **65-98%** (33-point spread). That spread is the real failure surface: pick the wrong block in Norwood and a top-subtype play still scores in the bottom quartile. Meanwhile Bars are already saturated here — 6 competitors within a 0.5-mile radius.

Among all neighborhoods in and around Boston, Norwood ranks #65 for business survivability, with an average score of ~75%.

The most promising business types in the best locations score a ~2% higher chance of surviving 2 years than the average.
That said, the same business types at the worst-fit addresses in Norwood can drop substantially below average. The survivability gap between the best and worst addresses in a single neighborhood can be 20 points or more.
The 3.8% commercial vacancy rate in Norwood 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.

Pinpointing the best locations within Norwood

StreetSpring narrows the decision down to the exact address — showing which blocks in Norwood produce the highest survivability scores for your concept. This is the address StreetSpring's 2026 analysis recommends most strongly for an Italian Restaurant in Norwood:

Why the right block matters more than the right neighborhood

Loading live map preview...

StreetSpring's 2026 model identifies this area as the highest-survivability location for an Italian Restaurant in Norwood. However, individual locations vary widely, and even in lower-scoring neighborhoods there are pockets that perform exceptionally well. The model evaluates 100 factors — from primary and secondary competition to forecasted spend, mobility flows, and local market share potential.

Check if this location is still available →

Which business types have the highest survivability in Norwood?

#1-5: Highest Survivability in Norwood

Italian Restaurant — ~83%–~86% survivability range, with an average of ~85% across Norwood.
Opening an Ukrainian Restaurant in Norwood shows ~84% average survivability. Top locations reach ~86%; lower-end sites show ~82%.
Kosher Restaurant (Ranked #3): ~84% average in Norwood. Best-case storefronts: ~86%. Challenging locations: ~82%.
Indonesian Restaurant is ranked #4 for top businesses to open in Norwood: ~84% chance on average, best at ~86%, challenging at ~82%.
American Restaurant — ~82%–~85% survivability range, with an average of ~84% across Norwood.

#6-10: Strong Performers in Norwood

Opening a Singaporean Restaurant in Norwood shows ~84% average survivability. Top locations reach ~86%; lower-end sites show ~82%.
French Restaurant (Ranked #7): ~84% average in Norwood. Best-case storefronts: ~85%. Challenging locations: ~82%.
Indian Restaurant is ranked #8 for top businesses to open in Norwood: ~83% chance on average, best at ~86%, challenging at ~81%.
Filipino Restaurant — ~81%–~85% survivability range, with an average of ~83% across Norwood.
Opening a Mexican Restaurant in Norwood shows ~83% average survivability. Top locations reach ~85%; lower-end sites show ~81%.

Top 3 Compared Nationally

The revenue potential of a Norwood location

Best location vs. average location

Based on StreetSpring's 2026 analysis, choosing a high-performing site for your concept in Norwood could lead to you making ~2% more than if you selected an average location, and ~3% more than if you selected one of the worst locations.

How StreetSpring calculates location value

No two business types have identical location needs; survivability scores reflect these differences at the address level.
A great product in the wrong location will underperform; an average product in the right location can thrive.
Across every business type we've analyzed, location quality as measured by Survivability Score is the strongest predictor of financial performance.
Our address-level scoring shows the exact survivability odds for over 700 business types at any given storefront.

What Norwood needs more of (per our model)

The top businesses to open next in Norwood:

Italian Restaurants — ~85% average survival rate, up to ~86% at best locations
Ukrainian Restaurants — ~84% average survival rate
Kosher Restaurants — ~84% average survival rate

However, individual locations vary widely, and even in lower-scoring neighborhoods there are pockets that perform exceptionally well. Our platform incorporates data from thousands of neighborhoods nationwide. StreetSpring's model accounts for Norwood's 96.5% employment rate when projecting survivability — businesses reliant on discretionary spend benefit disproportionately in well-employed neighborhoods. Survivability scores are live, not static — StreetSpring updates them weekly. Visit the tool to see what's currently available in Norwood and how each address is scoring right now.

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 Norwood.

What type of business should you rent your Norwood storefront to?

Our 2026 survivability data for Norwood shows that Italian Restaurants, Ukrainian Restaurants, and Kosher Restaurants rank as the top tenant categories for minimizing vacancy risk.

A great product in the wrong location will underperform; an average product in the right location can thrive.
Our address-level scoring shows the exact survivability odds for over 700 business types at any given storefront. Use StreetSpring to see the survivability score for any business type at your exact storefront address before you sign a lease.

Should you rent your Norwood storefront to an Italian Restaurant?

Yes. Among all business types analyzed for Norwood in 2026, an Italian Restaurant posts the highest survivability ceiling at ~86% and maintains a reasonable floor of ~83% — making it the most reliable tenant choice here.

Our address-level scoring shows the exact survivability odds for over 700 business types at any given storefront.

What should I consider when opening a business in Norwood?

Before committing to any location in Norwood, the highest-priority metric to check is the Survivability Score — it encodes every relevant location factor into a single, actionable number.

Of all the variables StreetSpring analyzes, Revenue Capture Score has the strongest predictive power.
These forecasts are generated using StreetSpring's unique analytical framework.
No subscription required: access the current survivability score for any Norwood address through StreetSpring's free tool.

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 Boston are available in machine-readable format for research and integration purposes.

How seasonality plays out here

Factor	Where new owners get tripped up	Questions to ask before you sign
Workforce availability	Hiring radius is smaller than you think — many neighborhoods can't staff a full team at standard wages.	Pull BLS wage data for your industry in this metro. Walk through your staffing plan with a local restaurant/retail operator before signing.
Permitted hours	Late-night or early-morning ops blocked by zoning, neighborhood association, or shared-wall restrictions.	Confirm the permitted hours-of-operation are in your lease AND in the local code. Pull recent variances or complaints from the zoning portal.
Competitor density	Counting only direct competitors and missing adjacent-category overlap (e.g. coffee shop near a bakery).	Map all businesses serving overlapping customer needs within a 5-min walk. Use StreetSpring's competitor view as a starting point.

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 Norwood, Boston — Top business types scored in Norwood, Boston — each axis is a subtype, taller = stronger survival rate.

How we measure this: Our gradient-boosted survivability model has 100+ input features. The waterfall shows the top 6-8 contributors to a final score.

**National benchmark:** Per BLS Business Employment Dynamics (March 2025), 5-year survival rates for StreetSpring's tracked industries span **47.8-61.8%**. Restaurants — the most-studied of these — survive at **50.0%** nationally, not the often-cited "80% fail" myth. The real risk premium is at the location level, which is what StreetSpring's model isolates.

**About this neighborhood.** Norwood is a town and census-designated place in Norfolk County, Massachusetts, United States. Norwood is part of the Greater Boston area. Source: [Wikipedia](https://en.wikipedia.org/wiki/Norwood%2C_Massachusetts).

**Daytime population context (Norwood):** Per US Census LEHD LODES, the median 1-mile workplace-jobs population within Norwood is **5,218** — about **0.2× the resident population**, which qualifies as a primarily-residential neighborhood with minimal daytime worker traffic. Retail-sector jobs in that radius: **876**. This shapes which business models have a natural demand floor here.

Landmark anchor: Norwood Historical Society is Norwood's history-museum landmark and a meaningful pull factor for visitor foot-traffic.

**Economic context that bounds the demand environment in Norwood:** Per ACS, neighborhood unemployment is **3.5%** (below the 24-metro neighborhood median). BLS QCEW shows the Boston metro's average weekly wage at **$1,631** (above our 24-metro median). And Suffolk County permitted **2,338** new residential units in 2025 per Census BPS — a population-and-demand growth signal.

Related Resources

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