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The table below offers a collection of data aimed at giving potential franchisees a glimpse into their market landscape. Click Read More to delve deeper, uncovering additional information to assist you in making a well-informed decision. These insights are tailored to highlight the opportunities in your city as you consider a franchise purchase.
Key Data Points for Arlington, Texas | ||
Data | Arlington, TX | Nationwide |
---|---|---|
Population | 395.56 thousand | 333.2 million |
Proj. 5 Year Population Growth | -3.6901% | 0.5% |
Median Household Income | $103,216 | $74,580 |
Median Age | 32.97 | 38.9 |
Residents per Business | 1 to 23 | 10 to 1 |
Annual Household Expenditures | $10.39 billion | $23.9 trillion |
City Data retrieved from https://sitesusa.com/Data |
With an estimated average household income of $103,216 in 2023 and a projected average household income of $105,370 by 2028, Arlington has a robust economic foundation that supports discretionary spending. This financial health is conducive to the food franchise industry, particularly in upscale dining or specialty food services. The data shows a considerable annual expenditure in food and beverages in Arlington, totaling $1.53 billion. This indicates a significant market for food-related franchises.
Read MoreThe health and fitness industry could also be promising in Arlington, considering the $861.23 million dedicated to health care annually. With a growing population projected to reach 410,429 by 2028 and an average household net worth of $464,213, there is likely a consumer base for health-related services. Franchises offering fitness centers, wellness programs, or organic health food stores could tap into the community’s increasing health consciousness and spending power.
Lastly, the retail sector is a viable option for franchising due to a total retail expenditure of $4.9 billion annually. With a significant portion of households having access to vehicles (39.8% with 2 vehicles and 23% with 3 or more), there is an opportunity for retail franchises that cater to automotive services. Furthermore, the presence of 17,094 businesses and a labor force where 58.0% are white-collar workers could indicate demand for business services franchises that provide support such as printing, shipping, and office supplies.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Order | Franchise Name | Industry Name | Available Capital | ||
---|---|---|---|---|---|
1 | American Business Systems, LLC | Financial Franchises | $30,000 | ||
2 | Healthy YOU Vending | Vending Franchises | $25,000 | ||
3 | Automated Investments | Business Opportunities | $100,000 | ||
4 | Batteries Plus | Retail Franchises | $100,000 | ||
5 | PostalAnnex+ | Printing Packing & Shipping | $70,000 | ||
6 | AAMCO Transmissions & Total Car Care | Auto Franchises | $90,000 | ||
7 | Ledgers | Financial Franchises | $50,000 | ||
8 | FranServe - Become a Franchise Consultant! | Business Services Franchises | $50,000 | ||
9 | Apricot Lane | Retail Franchises | $80,000 | ||
10 | FranDestiny | Business Services Franchises | $150,000 |
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