Marketlyzer

Analyzing market opportunities

Gathering business intelligence data for your location

Data-Driven Market Intelligence

Best Barber Shop Location in Raleigh

Marketlyzer calculates a 85/100 opportunity score for barber shops in Raleigh, supported by high competition and $72,000 average income, plus a 73/100 foot traffic index.

Raleigh's $72,000 average income keeps startup-to-income ratio near 1.0:1, supporting healthy payback periods for Barber Shops

85/100 opportunity score
1,468,000 metro residents
$72,000 average income
73/100 launch timing score
Good - Favorable Window
477K
City Population
$72K
Avg Income
High
Business Density
5
Key Industries
Market Analysis

Barber Shop Opportunity Score

Data-driven potential for success in Raleigh based on 7 key market factors

85 / 100

Market Opportunity

Based on 7 comprehensive market factors

Exceptional Opportunity

Financial Overview

Average Startup Cost
$75,000
Industry Success Rate
56%
Expected ROI Timeline
12-24 months
Customer Draw Radius
5,000m
Unique Market Intelligence

Raleigh Barber Shop Insights

Data-driven analysis unique to this market combination

Market Position Analysis

Unique positioning insights for Raleigh

Raleigh's $72,000 average income keeps startup-to-income ratio near 1.0:1, supporting healthy payback periods for Barber Shops

exceptional customer density of 52,429 residents per commercial dollar provides natural demand

The balanced Barber Shop market in Raleigh rewards innovation, with 73 foot traffic index

Competitive Market Position

How Raleigh ranks nationally for barber shops

Raleigh ranks in the top 5% of markets nationally for Barber Shop opportunities, with a data-driven opportunity score of 85.95/100

Average income of $72,000 positions Raleigh in the upper-middle market segment, ideal for value-focused Barber Shop concepts

Strategic Recommendations

Actionable strategies tailored for Raleigh

⏰ Market entry timing: Raleigh's Very High growth trajectory suggests immediate market entry to capture first-mover advantage before competition saturates

📍 Location strategy: Moderate traffic (73) with affordable rent ($28/sqft) favors larger footprint strategy in Raleigh - consider 2,000+ sqft locations

👥 Staffing advantage: 52% college-educated population provides strong talent pool - hire locally for Raleigh Barber Shop operations

📢 Marketing focus: Moderate foot traffic requires proactive customer acquisition - allocate 8-12% of revenue to digital marketing in Raleigh

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.

Timing score: 73/100
  • 🚀 Very high growth trajectory - first-mover advantage available
  • ⚖️ Moderate competition - balanced market entry
  • 🚶 Good foot traffic (73) - organic visibility

Seasonal Levers

  • Back-to-school haircuts
  • Holiday grooming
  • Summer short cuts

Barber Shop Market Analysis for Raleigh

Why Raleigh for Barber Shops?

  • Metro population of 1,468,000 provides large customer base
  • Average income of $72,000 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

Demographics
Essential
Foot traffic
Essential
Parking
Essential
Competition
Essential
Visibility
Essential
Male population density
Essential

Seasonal Considerations for Raleigh

Back-to-school haircuts

Holiday grooming

Summer short cuts

Best Raleigh Neighborhoods for Barber Shops

Data-driven analysis of optimal areas based on barber shop success factors

Downtown Raleigh

High Potential
Highest foot traffic in city
Premium pricing potential
Diverse customer base
Analyze Downtown →

Business District

Strong Weekday
Office worker demographics
Peak lunch & after-work hours
Catering opportunities
Analyze Business District →

Suburban Areas

Growth Area
Family-oriented demographics
Lower competition density
Ample parking available
Analyze Suburban Areas →

Raleigh vs Other United States Cities for Barber Shops

City Population Avg Income Market Score Action
Raleigh ⭐ 1,468,000 $72,000
85/100
Current City
Atlanta 6,307,000 $71,000
90/100
Compare →
New York 19,500,000 $79,000
87/100
Compare →
Dallas 7,760,000 $66,000
86/100
Compare →
Washington DC 6,385,000 $97,000
85/100
Compare →

Barber Shop FAQs for Raleigh

Why is now the right time to open in Raleigh?

Raleigh ranks in the top 5% of markets nationally for Barber Shop opportunities, with a data-driven opportunity score of 85.95/100 Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.

Which customers convert best?

40% of households earn $75k+, sustaining premium spend for barber shops

What should my first location focus on?

⏰ Market entry timing: Raleigh's Very High growth trajectory suggests immediate market entry to capture first-mover advantage before competition saturates

How do local conditions impact operations?

Back-to-school haircuts

Ready to Open Your Barber Shop in Raleigh?

Good - Favorable Window with a 85/100 opportunity score, high competition, and a 73/100 foot traffic index. Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.