Business Survivability in Carroll Park, Philadelphia
StreetSpring's 2026 analysis finds that the best business to open in Carroll Park is a Physical Therapy Clinic with a ~83% 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 Physical Therapy Clinic in Carroll Park (~83% average survival rate, ~87% at best locations)
- Neighborhood rank: #85 across all neighborhoods in and around Philadelphia
- Neighborhood average: ~77% two-year survival across all business types
- 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: September 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 Physical Therapy Clinic with a ~83% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a ~87% chance; next is a Veterinary Clinic with a 81.52% chance, followed by a Salad Shop with a 79.83% chance.
Is Carroll Park a good place to start a business?
Across all neighborhoods in and around Philadelphia, StreetSpring's data places Carroll Park at #85 with a ~77% average Survivability Score.
- Strong business types at their best-match addresses in Carroll Park consistently score ~10% higher than the overall neighborhood survivability average.
- But at poorly chosen addresses within Carroll Park, even the top-ranked business types can fall well below the neighborhood average. Location selection remains critical — a promising concept at the wrong spot still carries significant risk.
- With 88.1% of the local population employed, Carroll Park 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.
How can you find the best location to open a business in Carroll Park?
StreetSpring can pinpoint which exact blocks in Carroll Park maximize a business's chances of success. The location below represents the address in Carroll Park with the highest projected survivability for a Physical Therapy Clinic:
This map shows the optimal location for a Physical Therapy Clinic in Carroll Park based on StreetSpring's 2026 survivability analysis. StreetSpring's survivability scores are updated regularly, so the most accurate prediction for your exact storefront is always available in the live tool. The prediction model incorporates hundreds of location-specific factors, including competitive density, forecasted consumer spending, mobility patterns, and Revenue Capture Score.
Check if this location is still available →
What are the best businesses to open in Carroll Park?
| # | Business type | Chance of lasting two or more years |
|---|---|---|
| 1 | Physical Therapy Clinic | 83.52% |
| 2 | Veterinary Clinic | 81.52% |
| 3 | Salad Shop | 79.83% |
| 4 | Brunch Restaurant | 77.86% |
| 5 | Chinese Restaurant | 77.54% |
| 6 | Grocery Store | 76.72% |
| 7 | Seafood Restaurant | 76.44% |
| 8 | Gym | 76.35% |
| 9 | Convenience Store | 75.76% |
| 10 | Laundromat | 75.19% |
#1-5: Highest Survivability in Carroll Park
- Opening a Physical Therapy Clinic in Carroll Park shows 83.52% average survivability. Top locations reach ~87%; lower-end sites show ~80%.
- Veterinary Clinic (Ranked #2): 81.52% average in Carroll Park. Best-case storefronts: ~84%. Challenging locations: ~79%.
- Salad Shop is ranked #3 for top businesses to open in Carroll Park: 79.83% chance on average, best at ~82%, challenging at ~78%.
- Brunch Restaurant — ~75%–~81% survivability range, with an average of 77.86% across Carroll Park.
- Opening a Chinese Restaurant in Carroll Park shows 77.54% average survivability. Top locations reach ~81%; lower-end sites show ~74%.
#6-10: Strong Performers in Carroll Park
- Grocery Store (Ranked #6): 76.72% average in Carroll Park. Best-case storefronts: ~80%. Challenging locations: ~74%.
- Seafood Restaurant is ranked #7 for top businesses to open in Carroll Park: 76.44% chance on average, best at ~80%, challenging at ~74%.
- Gym — ~74%–~78% survivability range, with an average of 76.35% across Carroll Park.
- Opening a Convenience Store in Carroll Park shows 75.76% average survivability. Top locations reach ~79%; lower-end sites show ~71%.
- Laundromat (Ranked #10): 75.19% average in Carroll Park. Best-case storefronts: ~79%. Challenging locations: ~71%.
Top 3 Compared Nationally
- Physical Therapy Clinic — See how this compares to other cities →
- Veterinary Clinic — See how this compares to other cities →
- Salad Shop — 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, choosing a high-performing site for your concept in Carroll Park could lead to you making ~10% more than if you selected an average location, and ~23% 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.
- The address you choose determines your competitive exposure, customer flow, and spending potential simultaneously.
- StreetSpring's analysis shows that businesses in top-scoring locations generate meaningfully more revenue and stay open longer than those in average locations.
- Every survivability score StreetSpring produces is specific to the exact address and business type — not averaged across a zip code or neighborhood.
What businesses should open next in Carroll Park?
The top businesses to open next in Carroll Park:
- Physical Therapy Clinics — 83.52% average survival rate, ~87% at the best address
- Veterinary Clinics — 81.52% average survival rate
- Salad Shops — 79.83% average survival rate
StreetSpring's survivability scores are updated regularly, so the most accurate prediction for your exact storefront is always available in the live tool. StreetSpring measures competition through a 30-factor framework layered on top of proprietary consumer spending forecasts and mobility models. 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. A 11.9% vacancy rate in Carroll Park reflects the current commercial environment; StreetSpring weights this directly in every survivability score for addresses in this neighborhood. These rankings are a snapshot; StreetSpring recalculates survivability for every location in Carroll Park weekly, incorporating the latest competitive openings, closures, and spending data — check current locations now.
See the Survivability Score for your new business
Related Articles:
- See the Philadelphia Business Survivability Rankings
- See the Philadelphia Neighborhood Survivability Rankings
- Explore Physical Therapy Clinic 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 Physical Therapy Clinics, Veterinary Clinics, and Salad Shops as the business types most likely to produce stable, long-term tenancy.
- The address you choose determines your competitive exposure, customer flow, and spending potential simultaneously.
- Every survivability score StreetSpring produces is specific to the exact address and business type — not averaged across a zip code or neighborhood. StreetSpring can show you which specific address in your portfolio scores highest for each tenant type.
Related: See How Landlord Representatives in Philadelphia Can Reduce Vacancy & Increase Tenant Longevity
Should you rent your Carroll Park storefront to a Physical Therapy Clinic?
Yes. Among all business types analyzed for Carroll Park in 2026, a Physical Therapy Clinic posts the highest survivability ceiling at ~87% and maintains a reasonable floor of ~80% — making it the most reliable tenant choice here.
- Every survivability score StreetSpring produces is specific to the exact address and business type — not averaged across a zip code or neighborhood.
What should I consider when opening a business in Carroll Park?
Location decisions in Carroll Park should be grounded in Survivability Score data, not intuition. The score directly measures the competitive and spending conditions at your exact address.
- The Revenue Capture Score at a specific address explains more about likely business success than any other available metric.
- StreetSpring's proprietary algorithms power these predictions.
- The most current survivability data for Carroll Park is free to access on StreetSpring — no account required to check your specific address.
See the best place for your business at StreetSpring.
Using predictive analytics, StreetSpring helps entrepreneurs and landlords make smarter location decisions. 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.