Business Survivability in Wakefield, Washington DC
StreetSpring's 2026 analysis finds that the best business to open in Wakefield is a Chiropractor Office with a 73.1% 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 Chiropractor Office in Wakefield (73.1% Typical, 79.7% Best)
- Town rank: #11 of 14 towns around Washington DC
- Town average: an average Survivability Score of 62.2% 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 Wakefield 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 Wakefield is a Chiropractor Office with a 73.1% chance of surviving at least 2 years across the neighborhood on average, and 79.7% Best; next is a Veterinary Clinic with 76.9% Best, followed by a Dentist Office with 75.6% Best.
Is Wakefield a good place to start a business?
Wakefield holds the #11 position of 14 towns around Washington DC for new business survivability, with an average score of 62.2% across the business types ranked there.
- For the top-ranked business type, 79.7% Best is 6.6 points above 73.1% Typical in Wakefield.
- Yet the same categories that score highest in Wakefield can underperform significantly at the wrong address. Location precision within the neighborhood matters as much as choosing the neighborhood itself.
- Wakefield's employment rate of 90.0% and housing vacancy rate of 8.2% are two of the Census inputs StreetSpring's model reads for this neighborhood.
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 Wakefield?
StreetSpring scores survivability at the exact address level in Wakefield, so you can compare two storefronts on the same block before committing to a lease. The map below shows the highest-scoring storefront area for a Chiropractor Office in Wakefield per 2026 data:
This map shows the optimal location for a Chiropractor Office in Wakefield based on StreetSpring's 2026 survivability analysis. For the most current predictions, visit StreetSpring to analyze your specific location in real-time. 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 Wakefield?
| Rank | Business type | Best | Typical | Worst |
|---|---|---|---|---|
| 1 | Chiropractor Office | 79.7% | 73.1% | 66.6% |
| 2 | Veterinary Clinic | 76.9% | 70.4% | 63.8% |
| 3 | Dentist Office | 75.6% | 69.0% | 62.4% |
| 4 | Physical Therapy Clinic | 75.1% | 68.6% | 62.1% |
| 5 | Spa | 75.0% | 69.0% | 63.1% |
| 9 | Cafe | 73.8% | 68.0% | 62.1% |
| 10 | Eye Care Center | 71.2% | 65.4% | 59.6% |
| 11 | Bar | 71.1% | 65.6% | 60.2% |
| 12 | Coffee Shop | 70.8% | 64.5% | 58.2% |
| 13 | Cosmetics Shop | 70.7% | 63.9% | 57.0% |
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 Wakefield
- #1 Chiropractor Office is ranked #1 for top businesses to open in Wakefield: 73.1% Typical, 79.7% Best, 66.6% Worst.
- #2 Veterinary Clinic: 70.4% Typical across Wakefield; Best 76.9%, Worst 63.8%.
- #3 Opening a Dentist Office in Wakefield shows 69.0% Typical survivability, 75.6% Best and 62.4% Worst.
- #4 Physical Therapy Clinic (Ranked #4): 68.6% Typical in Wakefield. Best: 75.1%. Worst: 62.1%.
- #5 Spa is ranked #5 for top businesses to open in Wakefield: 69.0% Typical, 75.0% Best, 63.1% Worst.
Strong Performers in Wakefield
- #9 Cafe: 68.0% Typical across Wakefield; Best 73.8%, Worst 62.1%.
- #10 Opening an Eye Care Center in Wakefield shows 65.4% Typical survivability, 71.2% Best and 59.6% Worst.
- #11 Bar (Ranked #11): 65.6% Typical in Wakefield. Best: 71.1%. Worst: 60.2%.
- #12 Coffee Shop is ranked #12 for top businesses to open in Wakefield: 64.5% Typical, 70.8% Best, 58.2% Worst.
- #13 Cosmetics Shop: 63.9% Typical across Wakefield; Best 70.7%, Worst 57.0%.
Top 3 Compared Nationally
- Chiropractor Office: See how this compares to other cities →
- Veterinary Clinic: See how this compares to other cities →
- Dentist Office: See how this compares to other cities →
How much money could a business in Wakefield 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 Wakefield 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
- Location fit is business-type-specific: a spot that's ideal for a coffee shop may underperform for a nail salon at the same address.
- Location is the part of survivability you can measure in advance: the concept, the pricing and the operator are yours to judge.
- Compare the Revenue Capture Score of each shortlisted address first: it is the top factor in choosing a location, and it estimates the revenue a business can capture there.
- Two storefronts on the same street can have different survivability scores: StreetSpring calculates each one individually.
What businesses should open next in Wakefield?
The top businesses to open next in Wakefield:
- Chiropractor Offices: 73.1% Typical, 79.7% Best
- Veterinary Clinics: 70.4% Typical, 76.9% Best
- Dentist Offices: 69.0% Typical, 75.6% Best
For the most current predictions, visit StreetSpring to analyze your specific location in real-time. Our analysis covers every major metro in the country: 24 cities and 180 million++ consumers. 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. The 90.0% employment rate in Wakefield is a key signal of consumer health, and the 8.2% housing vacancy rate is another Census characteristic the model reads for the rankings above. StreetSpring regularly refreshes survivability scores to reflect new competition and updated spending data: see which locations in Wakefield are available right now and how they rank.
See the Survivability Score for your new business
Related Articles:
- See the Washington DC Business Survivability Rankings
- See the Washington DC Neighborhood Survivability Rankings
- Explore Chiropractor Office survivability across Washington DC neighborhoods
Frequently Asked Questions
Here are the most common questions about opening a business in Wakefield.
What type of business should you rent your Wakefield storefront to?
The analysis is clear: in Wakefield, Chiropractor Offices, Veterinary Clinics, and Dentist Offices consistently score highest on survivability, giving landlords the best chance of retaining tenants for two or more years.
- Location is the part of survivability you can measure in advance: the concept, the pricing and the operator are yours to judge.
- Two storefronts on the same street can have different survivability scores: StreetSpring calculates each one individually. StreetSpring can show you which specific address in your portfolio scores highest for each tenant type.
Related: See How Landlord Representatives in Washington DC Can Reduce Vacancy & Increase Tenant Longevity
Should you rent your Wakefield storefront to a Chiropractor Office?
StreetSpring's 2026 analysis supports renting to a Chiropractor Office in Wakefield: it posts 79.7% Best, and 66.6% Worst.
- Two storefronts on the same street can have different survivability scores: StreetSpring calculates each one individually.
What should I consider when opening a business in Wakefield?
Before committing to any location in Wakefield, the highest-priority metric to check is the Survivability Score: it encodes every relevant location factor into a single, actionable number.
- The single most important number in a location decision is the Revenue Capture Score, StreetSpring's proprietary estimate of the revenue a business can capture at a specific address.
- These forecasts are generated using StreetSpring's unique analytical framework.
- You can check the Survivability Score for any storefront in Wakefield with a free 10-minute trial of StreetSpring's live tool.
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 Washington DC are available in machine-readable format for research and integration purposes.
Full dataset for Washington DC: /resources/data/washington-dc-survivability-scores-2026.csv: includes all business subtypes, all neighborhoods, survivability scores, and tier assignments. Licensed under CC BY 4.0.