Best Barber Shop Location in Madison
Marketlyzer calculates a 73/100 opportunity score for barber shops in Madison, supported by high competition and $68,000 average income, plus a 72/100 foot traffic index.
Madison's $68,000 average income keeps startup-to-income ratio near 1.1:1, supporting healthy payback periods for Barber Shops
Barber Shop Opportunity Score
Data-driven potential for success in Madison based on 7 key market factors
Market Opportunity
Based on 7 comprehensive market factors
Financial Overview
Madison Barber Shop Insights
Data-driven analysis unique to this market combination
Market Position Analysis
Unique positioning insights for Madison
Madison's $68,000 average income keeps startup-to-income ratio near 1.1:1, supporting healthy payback periods for Barber Shops
The balanced Barber Shop market in Madison rewards innovation, with 72 foot traffic index
Competitive Market Position
How Madison ranks nationally for barber shops
With a 73.8/100 opportunity score, Madison outperforms 75% of comparable markets for Barber Shop ventures
Average income of $68,000 positions Madison in the upper-middle market segment, ideal for value-focused Barber Shop concepts
Strategic Recommendations
Actionable strategies tailored for Madison
⏰ Optimal entry window: Next 12-18 months ideal for Madison Barber Shop launch during high-growth phase
📍 Location strategy: Moderate traffic (72) with affordable rent ($28/sqft) favors larger footprint strategy in Madison - consider 2,000+ sqft locations
👥 Staffing advantage: 56% college-educated population provides strong talent pool - hire locally for Madison Barber Shop operations
📢 Marketing focus: Moderate foot traffic requires proactive customer acquisition - allocate 8-12% of revenue to digital marketing in Madison
Launch Timing & Momentum
Align your opening window with market-ready signals
Entry Signal
Good - Favorable Window
Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.
- 📈 High growth outlook - strong expansion timing
- ⚖️ Moderate competition - balanced market entry
- 🚶 Good foot traffic (72) - organic visibility
Seasonal Levers
- Back-to-school haircuts
- Holiday grooming
- Summer short cuts
Barber Shop Market Analysis for Madison
Why Madison for Barber Shops?
- Metro population of 680,000 provides large customer base
- Average income of $68,000 supports barber shop spending
- High business density indicates healthy economic activity
- Strong demographics opportunities throughout the city
- Strong foot traffic opportunities throughout the city
Barber Shop Success Factors
Seasonal Considerations for Madison
Back-to-school haircuts
Holiday grooming
Summer short cuts
Best Madison Neighborhoods for Barber Shops
Data-driven analysis of optimal areas based on barber shop success factors
Downtown Madison
High PotentialBusiness District
Strong WeekdaySuburban Areas
Growth AreaMadison vs Other United States Cities for Barber Shops
Barber Shop FAQs for Madison
Why is now the right time to open in Madison?
With a 73.8/100 opportunity score, Madison outperforms 75% of comparable markets for Barber Shop ventures Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.
Which customers convert best?
38% of households earn $75k+, sustaining premium spend for barber shops
What should my first location focus on?
⏰ Optimal entry window: Next 12-18 months ideal for Madison Barber Shop launch during high-growth phase
How do local conditions impact operations?
Back-to-school haircuts
Ready to Open Your Barber Shop in Madison?
Good - Favorable Window with a 73/100 opportunity score, high competition, and a 72/100 foot traffic index. Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.