What is the best neighborhood in Boston to open a Steakhouse?

Based on StreetSpring's 2026 analysis, the best neighborhood in Boston to open a Steakhouse is Haverhill, with 87% average survivability. 88 of 88 neighborhoods analyzed exceed the 70% two-year survival threshold.

How much more revenue can a Steakhouse make in the best vs. average Boston neighborhood?

In Haverhill, the best possible Steakhouse location in Boston offers approximately 10.3% more expected revenue than the average location. The worst-performing neighborhoods could yield approximately 7.5% less than average.

What is the city-wide average survivability for Steakhouse in Boston?

The city-wide average survivability for Steakhouse across Boston is 79% for surviving more than 2 years. Top neighborhoods like Haverhill substantially outperform this average, reaching 87%.

What are the worst neighborhoods for Steakhouse in Boston?

The most challenging neighborhoods in Boston for Steakhouse include West Roxbury with 73% average survival chance, Roslindale, and Winchester. For the most current predictions, visit StreetSpring to analyze your specific location in real-time.

How often are Steakhouse rankings in Boston updated?

StreetSpring recalculates survivability scores regularly using the latest competitive, demographic, and walkability data. The live tool always shows the most current predictions for any address in Boston.

How accurate are StreetSpring's Steakhouse survivability predictions?

StreetSpring's models achieve 95–99% accuracy across business types, analyzing 100+ factors with a ±3% margin of error. StreetSpring can give you the precise likelihood that hundreds of different businesses will last at an exact address.

Survivability Rankings for Steakhouse in Boston

StreetSpring's 2026 analysis ranks the best and worst neighborhoods in Boston to open a Steakhouse, from Haverhill (87% survival) to West Roxbury (73%).

April 24, 2026•16 min read

By Bobby Koons | Last reviewed by Bobby Koons on April 30, 2026 | Methodology

Quick Summary

#1 Neighborhood: Haverhill — 87% average survivability for Steakhouse

Neighborhoods at or above 70%: 88 of 88 analyzed

City-wide average: 79% for Steakhouses

Most challenging area: West Roxbury at 73%

Revenue advantage (top vs. avg location): ~10.3% more expected revenue in Haverhill

Data freshness: 2026 data · Full methodology →

Summary
10 Best Neighborhoods
Where Would a Steakhouse Make the Most Money?
What Should I Consider?
Where Should I Start?
FAQ: Best Neighborhoods
FAQ: Can a Steakhouse Succeed in Lower-Ranked Areas?
FAQ: How Often Are Rankings Updated?
FAQ: Is a Steakhouse a Good Tenant?
Landlord Survivability Data
Best Neighborhoods for Any Business

Summary

Haverhill leads Boston's 2026 survivability rankings for Steakhouse operators with 87% average chance of surviving more than 2 years, with the best locations offering 95% and the most challenging locations in Haverhill at 66%. The worst neighborhoods include West Roxbury with 73% average chance. These averages are directional, not definitive; the best decision comes from analyzing your specific storefront.

Which Boston Neighborhoods Are Strongest for Steakhouses?

**Peer-neighborhood context:** Haverhill's neighborhood signature — captured across demographics, employment density, and amenity mix — most closely matches **Fraser (Detroit)** and **Imperial Beach (San Diego)**. They share less college-educated, less transit-reliant, and older housing stock, so Steakhouses outcomes in those neighborhoods are a useful sanity-check on the Boston rankings above.

**Where Steakhouses fail in Boston.** Across 88 neighborhoods, the citywide average is 79% — but neighborhood-level scores range **73% to 87%**. Top: **Haverhill** at 87% (no existing competitors in our index). Bottom: **West Roxbury** at 73%. The 14-point gap is the failure surface: getting the neighborhood wrong costs more than getting the address right.

Haverhill ranks #1 of 88 neighborhoods analyzed in and around Boston for Steakhouse survivability with a score of 87% as of 2026. The top 10 neighborhoods are:

How rent and competition shape the leaderboard

Rank	Neighborhood	Best Locations	Average Locations	Challenging Locations
1	Haverhill	92.0% – 96.0%	85.1% – 88.4%	65.0% – 69.0%
2	Medfield	94.0% – 97.0%	84.1% – 87.4%	63.0% – 67.0%
3	Boston	89.0% – 93.0%	84.0% – 87.3%	67.0% – 71.0%
4	Methuen	93.0% – 97.0%	83.5% – 86.7%	65.0% – 69.0%
5	Dover	93.0% – 97.0%	83.4% – 86.6%	66.0% – 70.0%
6	Needham	94.0% – 97.0%	82.7% – 85.9%	61.0% – 65.0%
7	Lowell	94.0% – 97.0%	82.3% – 85.5%	63.0% – 67.0%
8	Merrymount	89.0% – 93.0%	81.7% – 85.0%	65.0% – 69.0%
9	Norwood	92.0% – 96.0%	80.8% – 84.0%	64.0% – 68.0%
10	Brockton	92.0% – 96.0%	80.8% – 84.0%	63.0% – 67.0%

The data signals behind these scores

Our data shows that roughly 15% of top-performing locations sit in neighborhoods ranked below the city median. New competitor openings and closures happen weekly — the live tool ensures you see the latest picture.

Survivability ranges reflect best and worst storefront conditions within each neighborhood. See our full methodology →

Try StreetSpring to see if this location is still the best and see if there are locations to rent in this area right now.

Where Steakhouses Earn the Most in Boston

In Haverhill, the best possible location offers the opportunity of making ~10.3% more than the average location in or around Boston.

On the other hand, in West Roxbury, the worst possible location could result in making ~7.5% less than the average location in the city.

Our data consistently shows that location accounts for more variance in outcomes than any other single factor. Opening a Steakhouse in Boston requires careful location choice. Across 88 neighborhoods analyzed, the overall average survival chance for a new Steakhouse is 79% for lasting more than 2 years — due to a combination of many factors across competition, consumer spending, and location dynamics. Two businesses on the same block can have very different survivability scores depending on their category.

What Matters Most When Opening a Steakhouse in Boston

Site selection sits upstream of every other decision in this business. A high Survivability Score doesn't guarantee success, but a low one is hard to overcome with execution alone. Revenue Capture Score captures the interplay between market share and consumer spending — the two biggest drivers of success. StreetSpring computes this by projecting the business's market share, which is based on the quality and quantity of primary, secondary, and tertiary competitors. The analysis behind these rankings spans millions of data points across competition, spending, and mobility. Some competition is beneficial to attract customers with similar intents to the same area. Our proprietary models incorporate data sources not available through any public platform.

Area to check	What can go wrong	How to de-risk it
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.
Insurance + compliance	General liability quoted at a starter rate, then jumping 2-3x once you add property + workers' comp + business interruption.	Get binding quotes from 2 insurers before signing the lease. Most landlords require minimum coverage levels — read those terms first.
CAM + hidden costs	Stated rent looks great, then CAM fees, signage charges, and after-hours utilities add 15-30%.	Get the full operating expense breakdown for the past 2 years. Ask which costs are landlord-capped vs. uncapped.

This can be summarized as:

Revenue Capture Score = Projected Market Share × Forecasted Spend on Specific Business

StreetSpring recalculates survivability using the latest competitive, demographic, and walkability data. Because local conditions evolve weekly, the live survivability tool offers a more current snapshot than any published ranking.

Where in or Around Boston Should I Start a Steakhouse?

Our data ranks the top-performing neighborhoods as Haverhill, Medfield, and Boston, while the most challenging neighborhoods would be West Roxbury, Roslindale, and Winchester. Location-level factors like visibility and adjacent tenants can override neighborhood-level trends. Our live tool reflects the latest competitive landscape — these static rankings may already be slightly out of date.

Related Articles:

Top-Survivability Boston Neighborhoods for Steakhouses

Based on StreetSpring's 2026 analysis, the top neighborhood for a Steakhouse in Boston is Haverhill with 87% average survivability, followed by Medfield and Boston. 88 of 88 neighborhoods analyzed exceed 70% two-year survival.

Because local conditions evolve weekly, the live survivability tool offers a more current snapshot than any published ranking.

When Lower-Scoring Neighborhoods Can Still Work for Steakhouses

Yes — neighborhood averages mask significant block-by-block variation. Even in neighborhoods ranked outside the top 10, individual storefronts with strong foot traffic, low direct competition, and favorable lease terms can outperform the area average. Neighborhood averages mask significant block-by-block variation — always check your specific address. Always check your specific address in StreetSpring's live platform for the most accurate prediction.

When Does StreetSpring Update Boston Steakhouse Rankings?

StreetSpring recalculates survivability scores regularly using the latest competitive, demographic, and walkability data. Rankings are updated quarterly; the live tool always reflects the most current predictions for any address in Boston.

The Landlord's View of Steakhouses in Boston

In Haverhill, StreetSpring forecasts a 85.1% – 88.4% average chance for a new Steakhouse to survive more than 2 years, depending on the exact storefront. Check the current Survivability Score for any address instantly.

Landlord Survivability Data for Steakhouse in Boston

From a risk-assessment perspective, a Steakhouse tenant in Haverhill carries the lowest risk with average survivability of 85.1% – 88.4%. Medfield presents moderate risk (84.1% – 87.4%), and Boston carries comparatively higher risk at 84.0% – 87.3%. Our tool shows the survivability outlook for any business type at your exact address, updated weekly.

Our tool delivers pinpoint accuracy down to the exact storefront location for any business category.

Where Steakhouses Thrive in Boston

You can see the best neighborhoods in or around Boston to open any type of business in our article Neighborhood Survivability Rankings: Boston.

Technical note: Aggregated survivability rankings for Boston are available in machine-readable format for research and integration purposes.

View technical data for Boston

StreetSpring recalculates survivability using the latest competitive, demographic, and walkability data, so the live score may differ from the static ranges shown here.

Visual Data

Bubble chart of business subtypes in Boston by survivability score and location density — Every business subtype in Boston plotted by score vs location count — bubble size shows market depth. Find Steakhouse relative to its peers.

Waterfall chart of best and worst Steakhouse neighborhoods in Boston — Top and bottom neighborhoods for Steakhouse in Boston — each step shows the gap from the city average. Wider spread = location matters more.

How we measure this: Some lots are zoned for limited business types only. We cross-reference the building's use designation against our subtype compatibility map.

**Boston at a glance.** Boston is the capital and most populous city of the U.S. state of Massachusetts. It serves as a cultural and financial center of New England, a region of the Northeastern United States. ([Wikipedia](https://en.wikipedia.org/wiki/Boston))

**City-wide daytime/nighttime spread (Boston):** Boston's neighborhoods span the daytime-density range from sparse residential to dense commercial. Median daytime/resident ratio: **0.25**; top-quartile ratio: **2.36** across 129 tracked neighborhoods (LEHD LODES 2022). That's a strongly-residential profile — pick the right side of the ratio for your concept's demand-timing.

**Operating-cost context (Boston):** Commercial electricity in Boston runs about **10.9¢/kWh** (above the 24-metro median of 10.8¢), the state minimum wage is **$15.00/hr** (below the 15.00 median), combined sales tax averages **6.2%** (below the 7.7% median), and effective commercial property tax is **1.20%** (above the 0.96% median). On operating costs alone, Boston sits in the **average** tier of US metros we track.

**BLS context:** The Bureau of Labor Statistics (BLS Business Employment Dynamics, March 2025 release) reports a **50.0% 5-year survival rate** for Steakhouses nationally. StreetSpring's Boston model — which weights site-specific factors like competitive saturation, demographics, and accessibility — produces an average **survivability score of 86%** for Steakhouses across the city.

Related:

Beyond the Numbers: Local Context

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

Is Boston a strong economic environment for opening a Steakhouse?

ACS data puts Boston's employment rate at ~96% and median household income at ~$135K. StreetSpring's Steakhouses model averages 86% across the metro, weighting both macro and site-specific factors.

Is Boston a top-ranked city for a Steakhouse?

For Steakhouses, Boston ranks #21 out of 24 metros with an average survivability score of 86%. The strongest metro tops out at 89%; the weakest at 85%.

How important is foot traffic / accessibility for a Steakhouse in Boston?

ACS data shows Boston's median commute at ~32 minutes — accessibility patterns vary widely by neighborhood. Steakhouses survivability in Boston ranges 60-99% across locations, with accessibility one of the bigger contributing factors.

What other business types score similarly to Steakhouses in Boston?

Per StreetSpring's Boston corpus, peers of Steakhouses (within 2 points of the 86% average) include Bagel Shop, Salad Shop, Pizza Restaurant.

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