How much money could a business in Somerset make?

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

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

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 Somerset maximize success.

Is Somerset a good place to start a business?

Somerset is ranked number 50 across neighborhoods in and around Los Angeles to start a business, with an average Survivability Score of ~77%. Choosing an optimal address for the highest-ranked business types in Somerset can produce survivability scores up to ~3% above the neighborhood mean.

What are the best businesses to open in Somerset?

The top businesses to open in Somerset include Indian Restaurant with a ~84% chance on average of surviving more than 2 years, best-case locations reaching ~86%, followed by South American Restaurant and Kosher Restaurant.

What businesses are most in demand in Somerset?

Based on StreetSpring's 2026 survivability analysis, the most in-demand business types in Somerset are Indian Restaurants, South American Restaurants, and Kosher Restaurants.

Business Survivability in Somerset, Los Angeles

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

April 24, 2026•18 min read

Quick Summary

Best business: an Indian Restaurant in Somerset (~84% average survival rate, ~86% at best locations)

Neighborhood rank: #50 across all neighborhoods in and around Los Angeles

Neighborhood average: ~77% two-year survival across all business types

Rankings updated quarterly with latest market data

Detailed methodology

Last reviewed by Bobby Koons, Founder & CEO, StreetSpring — May 4, 2026

In this article:

Summary
Is Somerset 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 Somerset is an Indian Restaurant with a ~84% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a ~86% chance; next is a South American Restaurant with a ~84% chance, followed by a Kosher Restaurant with a ~83% chance.

Is Somerset the right neighborhood for a new business?

**How Somerset compares:** Somerset's profile most resembles **Sheffield Neighbors (Chicago)** and **Wissahickon Hills (Philadelphia)** based on the demographic and density signatures we use to model location quality — all three share older housing stock, blue-collar job mix, and low poverty. Patterns from those neighborhoods are directly relevant for businesses evaluating Somerset.

**Failure pattern in Somerset.** Across the 93 business subtypes we track here, the strongest is **Indian Restaurant** at 84% average survivability — but the best and worst sites for this subtype within Somerset span **79% to 89%**, a 10-point gap. **The dominant failure mode in Somerset 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 16 competitors within a 0.5-mile radius.

Somerset is the #50 most survivable neighborhood for new businesses in and around Los Angeles, with an average score of ~77% across all analyzed categories.

Choosing an optimal address for the highest-ranked business types in Somerset can produce survivability scores up to ~3% above the neighborhood mean.
However, those high-scoring categories placed at the least-competitive addresses in Somerset often fall well below average. Picking the right block — not just the right neighborhood — is what actually determines survivability.
A 93.1% employment rate in Somerset means a large share of local consumers have steady income — a strong underlying condition for discretionary spending businesses.

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

Where in Somerset should you open a business?

StreetSpring scores survivability at the exact address level in Somerset — so you can compare two storefronts on the same block before committing to a lease. Here is the top survivability address for an Indian Restaurant in Somerset, per StreetSpring's 2026 model:

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 Indian Restaurant in Somerset. Static rankings can't capture every recent change in competition or foot traffic; StreetSpring's live platform provides the current score for your exact address. 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 →

What kinds of businesses thrive in Somerset?

#1-5: Highest Survivability in Somerset

Opening an Indian Restaurant in Somerset shows ~84% average survivability. Top locations reach ~86%; lower-end sites show ~82%.
South American Restaurant (Ranked #2): ~84% average in Somerset. Best-case storefronts: ~85%. Challenging locations: ~82%.
Kosher Restaurant is ranked #3 for top businesses to open in Somerset: ~83% chance on average, best at ~85%, challenging at ~81%.
Pet Grooming Shop — ~81%–~85% survivability range, with an average of ~83% across Somerset.
Opening a Steakhouse in Somerset shows ~83% average survivability. Top locations reach ~84%; lower-end sites show ~81%.

#6-10: Strong Performers in Somerset

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

Top 3 Compared Nationally

How location selection in Somerset affects revenue

Best location vs. average location

Based on StreetSpring's 2026 analysis, choosing a high-performing site for your concept in Somerset 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

Every business type has unique location requirements that must be considered.
A great product in the wrong location will underperform; an average product in the right location can thrive.
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 gives you a precise survivability probability for any specific address and business type combination, not a generalized estimate.

The biggest opportunity gaps in Somerset

The top businesses to open next in Somerset:

Indian Restaurants — ~84% average survival rate, up to ~86% at best locations
South American Restaurants — ~84% average survival rate
Kosher Restaurants — ~83% average survival rate

Static rankings can't capture every recent change in competition or foot traffic; StreetSpring's live platform provides the current score for your exact address. Our analysis covers every major metro in the country — 24 cities and 180 million++ consumers. The 93.1% employment rate in Somerset is a key signal of consumer health; when combined with the 5.3% vacancy rate, it produces a competitive landscape that favors the business types ranked above. StreetSpring updates survivability scores for available locations weekly — check the live tool now to see which storefronts in Somerset are currently available and how they score.

See the Survivability Score for your new business

Related Articles:

See the Los Angeles Business Survivability Rankings
See the Los Angeles Neighborhood Survivability Rankings

Frequently Asked Questions

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

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

Based on 2026 survivability scores across all business types in Somerset, the top three tenant categories for landlords are Indian Restaurants, South American Restaurants, and Kosher Restaurants.

A great product in the wrong location will underperform; an average product in the right location can thrive.
StreetSpring gives you a precise survivability probability for any specific address and business type combination, not a generalized estimate. 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 Somerset storefront to an Indian Restaurant?

StreetSpring's 2026 analysis strongly supports renting to an Indian Restaurant in Somerset: best-in-class addresses achieve ~86% survivability, and even the lower-end sites come in at ~82% — above average for most business types.

StreetSpring gives you a precise survivability probability for any specific address and business type combination, not a generalized estimate.

What should I consider when opening a business in Somerset?

When evaluating potential locations in Somerset, start with the Survivability Score. It accounts for competition, spending, mobility, and market share in a single figure.

Revenue Capture Score is what separates locations that look similar on the surface but produce dramatically different business outcomes.
StreetSpring's in-house models are continuously updated with new business outcome data to keep predictions accurate.
StreetSpring's live scoring tool is free: enter any address in Somerset to see its current Survivability Score for your business type.

See the best place for your business at StreetSpring.

StreetSpring uses AI to predict business survivability across U.S. neighborhoods — trusted by real estate professionals and entrepreneurs nationwide. Aggregated survivability rankings for Los Angeles are available in machine-readable format for research and integration purposes.

Build-out budget rules-of-thumb for this neighborhood

Factor	Where new owners get tripped up	Questions to ask before you sign
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.
Foot traffic seasonality	Looking at a peak-summer Tuesday and assuming year-round volume.	Walk the block at 3 different times across 2 different weeks. Ask neighboring tenants for their slow-season % drop.

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

Visual Data

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

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

How we measure this: Most retail competition operates within a 500-meter radius — outside that, behavioral economics show customers don't routinely switch.

**Daytime worker density (Somerset):** LEHD LODES Workplace Area Characteristics show a **1.0:1 daytime-to-resident ratio** for Somerset — a balanced mixed-use pattern. Median workplace jobs within a 1-mile radius across Somerset: **16,289**, of which roughly **1,619** are retail-sector. Higher daytime ratios favor weekday-lunch / commuter-traffic businesses; balanced ratios favor residential + weekend demand patterns.

Landmark anchor: Somerset's historical anchor is Lincoln Townhome Apartments — the kind of named landmark that shapes the neighborhood's foot-traffic identity beyond pure demographics.

**Three local anchors for Somerset:** **6.9%** neighborhood unemployment (above the 24-metro median, ACS), **$1,127/week** average wage in the Los Angeles area (below our metro median, BLS QCEW), and **22,446** new residential units permitted in Los Angeles County in 2025 (Census BPS). These three together describe the demand-and-labor environment any new Somerset business operates within.

**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:

Beyond the Numbers: Local Context

More questions answered with neighborhood-specific data from our 2026 corpus.

What is the median household income in Somerset?

Median household income in Somerset is approximately $113K, versus the Los Angeles metro median of $113K — below the metro by $0K. Income is close to the metro median, so business-type fit depends more on local demographics and competition.

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

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.

How does Somerset's employment rate affect business survivability?

Roughly 93% of Somerset's working-age population is employed, against a Los Angeles metro median of 93%. Employment is close to the metro median, suggesting stable underlying demand.

How does Somerset's vacancy rate affect commercial demand?

Approximately 5% of Somerset housing units are vacant — below the Los Angeles metro median (5%). Vacancy is close to the metro median — lease economics are typical for the area.

What's the typical commute pattern in Somerset?

ACS data puts the median commute at ~32 minutes in Somerset, compared to 31 minutes metro-wide. Commute patterns are typical for the metro, so foot traffic timing should not be a primary differentiator.