Business Survivability in Carroll Park, Philadelphia
StreetSpring's 2026 analysis finds that the best business to open in Carroll Park is a Convenience Store with a 86.5% chance of surviving at least 2 years across the neighborhood on average.
Quick Summary
- Survivability Score: the projected chance a business type lasts two or more years at a specific address
- Best business: a Convenience Store in Carroll Park (86.5% Typical, 90.3% Best)
- Neighborhood rank: #123 of 127 neighborhoods in and around Philadelphia
- Neighborhood average: 57.4% two-year survival across the business types ranked here
- Coverage: This ranking carries one row per business type and neighborhood. Its score is the projected chance of lasting two or more years, averaged across the price points StreetSpring scores separately in the tool (most types have 5). The 10 business types here are base types; the tool offers 500+ business types, counting each type at each of its price points.
- Rankings updated quarterly with latest market data
- Detailed methodology
Last reviewed: November 2026 by Robert Koons, Founder & CEO, StreetSpring
In this article:
- Summary
- Is Carroll 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 Carroll Park is a Convenience Store with a 86.5% chance of surviving at least 2 years across the neighborhood on average, and 90.3% Best; next is a Cafe with 89.6% Best, followed by a Clothing Store with 89.1% Best.
Is Carroll Park a good place to start a business?
Among the 127 neighborhoods StreetSpring ranks in and around Philadelphia, Carroll Park ranks #123 for business survivability, with an average 57.4% chance of lasting two or more years.
- For the top-ranked business type, 90.3% Best is 3.8 points above 86.5% Typical in Carroll Park.
- However, those same business types at the weakest addresses in Carroll Park can score considerably below average. Even the most in-demand concept in Carroll Park will struggle if it opens at the wrong address.
- Housing vacancy in Carroll Park sits at 11.9%, a Census figure that StreetSpring's model reads for every business type it scores here.
Employment and housing vacancy figures sourced from the U.S. Census Bureau American Community Survey.
How can you find the best location to open a business in Carroll Park?
StreetSpring scores survivability at the exact address level in Carroll Park, so you can compare two storefronts on the same block before committing to a lease. Here is the top survivability address for a Convenience Store in Carroll Park, per StreetSpring's 2026 model:
StreetSpring's 2026 model identifies this area as the highest-survivability location for a Convenience Store in Carroll Park. Even the best-ranked neighborhoods contain locations that underperform, and the worst-ranked ones have hidden gems. The model evaluates hundreds of factors, from primary and secondary competition to forecasted spend, site accessibility, and local market share potential.
Check if this location is still available →
What are the best businesses to open in Carroll Park?
| Rank | Business type | Best | Typical | Worst |
|---|---|---|---|---|
| 1 | Convenience Store | 90.3% | 86.5% | 82.6% |
| 2 | Cafe | 89.6% | 83.5% | 77.5% |
| 3 | Clothing Store | 89.1% | 81.1% | 76.0% |
| 4 | Bar | 88.6% | 78.7% | 73.1% |
| 5 | Chiropractor Office | 85.1% | 79.8% | 74.4% |
| 6 | Laundromat | 82.1% | 73.5% | 66.7% |
| 7 | Veterinary Clinic | 77.7% | 72.4% | 67.0% |
| 8 | Physical Therapy Clinic | 77.2% | 72.0% | 66.9% |
| 9 | Dermatology Clinic | 77.1% | 72.0% | 66.9% |
| 13 | Gym | 76.1% | 69.3% | 62.6% |
Best and Worst are the average results for the better and the worse of two addresses picked at random in the place: a weighted average of every scored location in which the best locations count the most for Best and the weakest count the most for Worst. Typical is the average address. Best is shown for a smaller space (half the standard size) and Worst for a larger one (half again as large), at the metro's median asking rent, using the same rent rule as our tool; Typical is at the market rent.
The rank column is the published file's rank within this place; a skipped number is a business type the file ranks here that this list leaves out to keep any one business family from filling it.
Highest Survivability in Carroll Park
- #1 Convenience Store: 86.5% Typical across Carroll Park; Best 90.3%, Worst 82.6%.
- #2 Opening a Cafe in Carroll Park shows 83.5% Typical survivability, 89.6% Best and 77.5% Worst.
- #3 Clothing Store (Ranked #3): 81.1% Typical in Carroll Park. Best: 89.1%. Worst: 76.0%.
- #4 Bar is ranked #4 for top businesses to open in Carroll Park: 78.7% Typical, 88.6% Best, 73.1% Worst.
- #5 Chiropractor Office: 79.8% Typical across Carroll Park; Best 85.1%, Worst 74.4%.
Strong Performers in Carroll Park
- #6 Opening a Laundromat in Carroll Park shows 73.5% Typical survivability, 82.1% Best and 66.7% Worst.
- #7 Veterinary Clinic (Ranked #7): 72.4% Typical in Carroll Park. Best: 77.7%. Worst: 67.0%.
- #8 Physical Therapy Clinic is ranked #8 for top businesses to open in Carroll Park: 72.0% Typical, 77.2% Best, 66.9% Worst.
- #9 Dermatology Clinic: 72.0% Typical across Carroll Park; Best 77.1%, Worst 66.9%.
- #13 Opening a Gym in Carroll Park shows 69.3% Typical survivability, 76.1% Best and 62.6% Worst.
Top 3 Compared Nationally
- Convenience Store: See how this compares to other cities →
- Cafe: See how this compares to other cities →
- Clothing Store: See how this compares to other cities →
How much money could a business in Carroll Park make?
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 Carroll Park starts with the Revenue Capture Score, the most important factor in choosing a location: StreetSpring's estimate of the revenue a business can capture at that address.
How StreetSpring calculates location value
- Site selection requires evaluating the specific combination of your business type and the exact address: neighborhood-level data is only the starting point.
- Location is one of the few things about a new business you can measure before it opens.
- The Revenue Capture Score is the most important factor in choosing a location: it is StreetSpring's estimate of the revenue a business can capture at that address.
- StreetSpring provides address-specific survivability predictions for 500+ business types.
What businesses should open next in Carroll Park?
The top businesses to open next in Carroll Park:
- Convenience Stores: 86.5% Typical, 90.3% Best
- Cafes: 83.5% Typical, 89.6% Best
- Clothing Stores: 81.1% Typical, 89.1% Best
Even the best-ranked neighborhoods contain locations that underperform, and the worst-ranked ones have hidden gems. Our training data spans 500+ business types across 24 major metros, giving our models the breadth to predict outcomes across nearly any commercial concept. StreetSpring scores 500+ business types: 153 base business types, most of them at 5 price points, which is 569 type-and-price combinations you can choose in the tool. With Carroll Park's 88.1% employment rate factored in, the businesses best positioned to succeed here are those that benefit from a well-employed, spending-capable local consumer base. The data behind these rankings is updated regularly, so the best available storefront in Carroll Park today may score differently than it did last month: check StreetSpring's live tool for the current picture.
See the Survivability Score for your new business
Related Articles:
- See the Philadelphia Business Survivability Rankings
- See the Philadelphia Neighborhood Survivability Rankings
- Explore Convenience Store survivability across Philadelphia neighborhoods
Frequently Asked Questions
Here are the most common questions about opening a business in Carroll Park.
What type of business should you rent your Carroll Park storefront to?
For landlords in Carroll Park, StreetSpring's 2026 analysis identifies Convenience Stores, Cafes, and Clothing Stores as the business types most likely to produce stable, long-term tenancy.
- Location is one of the few things about a new business you can measure before it opens.
- StreetSpring provides address-specific survivability predictions for 500+ business types. With StreetSpring, you can rank every potential tenant type by survivability score at your property address before committing to a lease.
Related: See How Landlord Representatives in Philadelphia Can Reduce Vacancy & Increase Tenant Longevity
Should you rent your Carroll Park storefront to a Convenience Store?
Yes. Among all business types analyzed for Carroll Park in 2026, a Convenience Store ranks first, at 90.3% Best and 82.6% Worst, making it the most reliable tenant choice here.
- StreetSpring provides address-specific survivability predictions for 500+ business types.
What should I consider when opening a business in Carroll Park?
StreetSpring's Survivability Score for your Carroll Park address is the projected chance a business of your type is still operating two years from now: check it early.
- Revenue Capture Score comes first when comparing locations: it turns local competition and consumer spending into the share of revenue a business can expect to win.
- These predictions are generated by StreetSpring's proprietary machine learning system, validated against hundreds of thousands of real business outcomes.
- Check StreetSpring's current survivability data for any address in Carroll Park, starting with a free 10-minute trial.
See the best place for your business at StreetSpring.
Powered by machine learning models trained on real business outcomes, StreetSpring delivers actionable insights. Aggregated survivability rankings for Philadelphia are available in machine-readable format for research and integration purposes.
Full dataset for Philadelphia: /resources/data/philadelphia-survivability-scores-2026.csv: includes all business subtypes, all neighborhoods, survivability scores, and tier assignments. Licensed under CC BY 4.0.