Small Business in Somerville
The city's median age is 32, and the average household size is 2.19, indicating a mix of young professionals, families, and retirees contributing to local economic activity. The median household income stands at $127,056, reflecting the community’s purchasing power and potential demand for various services. Somerville supports a diverse small business ecosystem, this particular report covers 26 home service industries, with 5110 operating businesses.
Industries overview
Number of companies by home service industry in Somerville
| Category | Companies |
|---|---|
| 338 | |
| 269 | |
| 127 | |
| 315 | |
| 194 | |
| 324 | |
| 200 | |
| 233 | |
| 275 | |
| 159 | |
| 453 | |
| 363 | |
| 285 |
| Category | Companies |
|---|---|
| 330 | |
| 455 | |
| 242 | |
| 192 | |
| 532 | |
| 178 | |
| 327 | |
| 57 | |
| 290 | |
| 396 | |
| 237 | |
| 190 | |
| 211 |
New websites
459
-5.75%
in 2024 compared to 2023
Total websites
4,517
+11.41% (+459)
increase from 2023 to 2024
New websites
Recently created small business websites which provide services in Somerville
| Website | Created |
|---|---|
| Mar 11, 2025 | |
| Mar 08, 2025 | |
| Mar 06, 2025 | |
| Feb 26, 2025 | |
| Feb 24, 2025 | |
| Feb 24, 2025 | |
| Feb 21, 2025 | |
| Feb 20, 2025 | |
| Feb 19, 2025 | |
| Feb 19, 2025 |
New franchise locations
New home service franchise locations in Somerville
| Profile | Launched |
|---|---|
| Apr, 2024 | |
| Nov, 2022 | |
| Nov, 2021 | |
| Feb, 2018 | |
| Nov, 2015 | |
| Feb, 2014 | |
| Feb, 2014 | |
| Nov, 2013 |