Is Russell Woods a good place to start a business?

Russell Woods is ranked number 31 across neighborhoods in and around Detroit to start a business, with an average Survivability Score of ~72%. StreetSpring data shows the best-fit business types at prime Russell Woods addresses outperform the neighborhood average by as much as ~3%.

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

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 Russell Woods maximize success.

How much money could a business in Russell Woods make?

Based on StreetSpring's 2026 analysis, selecting one of the best locations in Russell Woods could lead to making ~3% more than selecting an average location, and ~5% more than one of the worst locations.

What are the best businesses to open in Russell Woods?

The top businesses to open in Russell Woods include Kosher Restaurant with a ~82% chance on average of surviving more than 2 years, best-case locations reaching ~84%, followed by Brunch Restaurant and Ukrainian Restaurant.

What businesses are most in demand in Russell Woods?

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

Business Survivability in Russell Woods, Detroit

StreetSpring's 2026 analysis finds that the best business to open in Russell Woods is a Kosher Restaurant with a ~82% chance of surviving at least 2 years across the neighborhood on average.

April 24, 2026•18 min read

Quick Summary

Best business: a Kosher Restaurant in Russell Woods (~82% average survival rate, ~84% at best locations)

Neighborhood rank: #31 across all neighborhoods in and around Detroit

Neighborhood average: ~72% two-year survival across all business types

Rankings updated quarterly with latest market data

Detailed methodology

Last reviewed: April 30, 2026 by Bobby Koons, StreetSpring founder — updated weekly

In this article:

Summary
Is Russell Woods 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 Russell Woods is a Kosher Restaurant with a ~82% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a ~84% chance; next is a Brunch Restaurant with a ~81% chance, followed by an Ukrainian Restaurant with a ~80% chance.

Is Russell Woods the right neighborhood for a new business?

**How Russell Woods compares:** Russell Woods's profile most resembles **Chandler Park (Detroit)** and **Ost South Union (Houston)** based on the demographic and density signatures we use to model location quality — all three share lower employment, higher poverty, and low high-earner share. Patterns from those neighborhoods are directly relevant for businesses evaluating Russell Woods.

**Failure pattern in Russell Woods.** Across the 93 business subtypes we track here, the strongest is **Brunch Restaurant** at 81% average survivability — but the best and worst sites for this subtype within Russell Woods span **75% to 86%**, a 11-point gap. **The dominant failure mode in Russell Woods isn't subtype choice — it's site selection within the neighborhood.** Saturation context: Kosher Restaurants are the most-concentrated tracked subtype in the area, with 7 competitors within a 0.5-mile radius.

StreetSpring ranks Russell Woods #31 among all analyzed neighborhoods in and around Detroit, with a neighborhood-wide average survivability of ~72%.

StreetSpring data shows the best-fit business types at prime Russell Woods addresses outperform the neighborhood average by as much as ~3%.
However, those same business types at the weakest addresses in Russell Woods can score considerably below average. Even the most in-demand concept in Russell Woods will struggle if it opens at the wrong address.
With 79.8% of the local population employed, Russell Woods presents a stable consumer base — particularly for food, beverage, and service businesses that depend on repeat discretionary spending.

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

Which blocks in Russell Woods offer the strongest survivability?

StreetSpring's model evaluates every available address in Russell Woods for your business type, ranking them by survivability so the best storefront is always identifiable. Of all available storefronts analyzed in Russell Woods, StreetSpring ranks this area highest for a Kosher Restaurant in 2026:

Reading visibility, frontage, and parking carefully

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The highlighted area represents the address in Russell Woods that StreetSpring's 2026 analysis ranks highest for a Kosher Restaurant survivability. For the most current predictions, visit StreetSpring to analyze your specific location in real-time. StreetSpring's scoring incorporates 100 inputs, including competitive quality and density, projected consumer spending, Revenue Capture Score, and mobility data.

Check if this location is still available →

Top-ranked business types for Russell Woods

#1-5: Highest Survivability in Russell Woods

Kosher Restaurant is ranked #1 for top businesses to open in Russell Woods: ~82% chance on average, best at ~84%, challenging at ~80%.
Brunch Restaurant — ~78%–~83% survivability range, with an average of ~81% across Russell Woods.
Opening an Ukrainian Restaurant in Russell Woods shows ~80% average survivability. Top locations reach ~82%; lower-end sites show ~78%.
Salad Shop (Ranked #4): ~80% average in Russell Woods. Best-case storefronts: ~81%. Challenging locations: ~77%.
Chicken Shop is ranked #5 for top businesses to open in Russell Woods: ~79% chance on average, best at ~81%, challenging at ~78%.

#6-10: Strong Performers in Russell Woods

Taiwanese Restaurant — ~77%–~81% survivability range, with an average of ~79% across Russell Woods.
Opening a Brazilian Restaurant in Russell Woods shows ~79% average survivability. Top locations reach ~81%; lower-end sites show ~77%.
Hungarian Restaurant (Ranked #8): ~79% average in Russell Woods. Best-case storefronts: ~80%. Challenging locations: ~77%.
Sri Lankan Restaurant is ranked #9 for top businesses to open in Russell Woods: ~79% chance on average, best at ~81%, challenging at ~77%.
American Restaurant — ~77%–~80% survivability range, with an average of ~79% across Russell Woods.

Top 3 Compared Nationally

Brunch Restaurant — See how this compares to other cities →

What you could earn opening a business in Russell Woods

Best location vs. average location

Based on StreetSpring's 2026 analysis, following the survivability data rather than relying on intuition or foot traffic estimates in Russell Woods could lead to you making ~3% more than if you selected an average location, and ~5% more than if you selected one of the worst locations.

How StreetSpring calculates location value

Site-specific factors can dramatically alter outcomes even within the same neighborhood.
Location is the biggest factor in a business's future success.
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.
Our address-level scoring shows the exact survivability odds for over 700 business types at any given storefront.

What businesses should open next in Russell Woods?

The top businesses to open next in Russell Woods:

Kosher Restaurants — ~82% average survival rate, up to ~84% at best locations
Brunch Restaurants — ~81% average survival rate
Ukrainian Restaurants — ~80% average survival rate

For the most current predictions, visit StreetSpring to analyze your specific location in real-time. Our platform incorporates data from thousands of neighborhoods nationwide. With Russell Woods's 79.8% employment rate factored in, the businesses best positioned to succeed here are those that benefit from a well-employed, spending-capable local consumer base. Survivability scores are live, not static — StreetSpring updates them weekly. Visit the tool to see what's currently available in Russell Woods and how each address is scoring right now.

See the Survivability Score for your new business

Related Articles:

See the Detroit Business Survivability Rankings
See the Detroit Neighborhood Survivability Rankings

Frequently Asked Questions

Here are the most common questions about opening a business in Russell Woods.

What type of business should you rent your Russell Woods storefront to?

If you own commercial space in Russell Woods, StreetSpring's 2026 data points to Kosher Restaurants, Brunch Restaurants, and Ukrainian Restaurants as the tenant types with the strongest projected longevity at this location.

Location is the biggest factor in a business's future success.
Our address-level scoring shows the exact survivability odds for over 700 business types at any given storefront. Rather than guessing which tenant type will last, landlords can verify survivability for each category at their exact address using StreetSpring.

Should you rent your Russell Woods storefront to a Kosher Restaurant?

Based on StreetSpring's 2026 analysis, a Kosher Restaurant ranks as the top tenant type for your Russell Woods storefront — best-case locations show a ~84% survival rate, while the most challenging addresses drop to ~80%.

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 Russell Woods?

In Russell Woods, the single most important factor in your site-selection decision is the Survivability Score of the specific address you're evaluating.

A strong Revenue Capture Score reflects the ideal balance of manageable competition and robust consumer spending at that specific address.
The underlying models are StreetSpring's own — built, trained, and maintained using data external platforms cannot access.
You can check the Survivability Score for any storefront in Russell Woods at no cost using StreetSpring's live tool.

See the best place for your business at StreetSpring.

Our analysis covers businesses serving more than 180 million+ Americans across 24 major US metros. Aggregated survivability rankings for Detroit are available in machine-readable format for research and integration purposes.

Lease structure questions to ask first

Factor	Where new owners get tripped up	Questions to ask before you sign
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.
Outdoor seating / sidewalk use	Signing assuming you can add patio seating, then learning the city requires a separate sidewalk-cafe permit with long lead times.	Check the city's sidewalk-cafe permit process up front. Confirm landlord allows outdoor build-out in the lease language.
Lease term	Locking into 7-10 years without break clauses, then needing to relocate after year 2.	Negotiate a relocation or termination clause. Confirm assignment + sublease rights are in writing.

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

Visual Data

Radar chart of business-subtype survivability in Russell Woods, Detroit — Top business types scored in Russell Woods, Detroit — each axis is a subtype, taller = stronger survival rate.

Bubble chart of business subtypes in Detroit by survivability score and location density — Every business subtype in Detroit plotted by score vs location count — bubble size shows market depth.

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

**Daytime population context (Russell Woods):** Per US Census LEHD LODES, the median 1-mile workplace-jobs population within Russell Woods is **1,281** — about **0.0× the resident population**, which qualifies as a primarily-residential neighborhood with minimal daytime worker traffic. Retail-sector jobs in that radius: **277**. This shapes which business models have a natural demand floor here.

Landmark anchor: Russell Woods's named landmark is Greater Christ Temple, an anchor that shapes weekend traffic patterns for nearby businesses.

**Local economic context (Russell Woods, Detroit):** Russell Woods's ACS unemployment rate is **20.2%** (above the 24-metro neighborhood median). County-level data adds two more anchors: BLS QCEW reports Detroit-area average weekly wage of **$1,472** (in line with our 24-metro median), and the Census Bureau Building Permits Survey logged **3,912** new residential units in Wayne County in 2025 — a rough proxy for the local growth environment a new business is opening into.

**BLS sector context:** Across the 11 industries StreetSpring tracks, 5-year survival rates from BLS Business Employment Dynamics, March 2025 release range from **47.8%** (Active Life — gyms, studios) to **61.8%** (Health & Medical). Restaurants — the largest single category in our corpus — average **50.0%** nationally, and retail averages **47.9%**.

Related:

Local Data Questions

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

How many people live in Russell Woods?

Approximately 26.3K people live in Russell Woods, which puts it in the upper-middle range among Detroit neighborhoods. The resident base is healthy — most retail and service business types have viable demand.

What's the national survival baseline for businesses by sector?

Per BLS Business Employment Dynamics (March 2025), 5-year survival rates by sector range from 47.8% (Active Life — gyms, studios) to 61.8% (Health & Medical), with Restaurants at 50% and Retail at 47.9%. Detroit-specific factors layer on top of these national baselines.

How does Russell Woods's employment rate affect business survivability?

Roughly 80% of Russell Woods's working-age population is employed, against a Detroit metro median of 93%. Below-average employment can constrain discretionary spending — value-oriented and essential services tend to fare better.

Does ownership stability in Russell Woods support steady local spending?

45% of Russell Woods households own their home, against 60% across the Detroit metro. A higher renter share often means more population turnover; quick-service food, fitness, and convenience tend to do well in such environments.

How does the median age in Russell Woods compare to the Detroit metro?

Russell Woods's median age is 40 versus a Detroit metro median of 40 — older by 0 year. This shapes which business types tend to survive: The demographic profile is close to the metro average, so business-type fit is driven by other factors like income and competition.