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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: Baton Rouge, LA 2024 | ||
| Data | Baton Rouge, LA | Nationwide |
|---|---|---|
| Population | 224.53 thousand | 333.2 million |
| Proj. 5 Year Population Growth | 3.6051% | 0.5% |
| Median Household Income | $88,333 | $74,580 |
| Median Age | 30.8 | 38.9 |
| Residents per Business | 1 to 16 | 10 to 1 |
| Annual Household Expenditures | $7.6 billion | $23.9 trillion |
| City Data retrieved from https://sitesusa.com/Data | ||
Franchising Landscape
The data shows that the majority of households in Baton Rouge have vehicles, with 54.5% of households owning and 45.5% renting, indicating a high rate of vehicle ownership and potential usage. Specifically, 40.4% of households have 1 vehicle available and 34.2% have 2 vehicles available. Given that transportation by personal vehicles is predominant, with 75% of workers driving to work alone and an average of 1.5 vehicles per household, there is a clear demand for automotive services. The franchising opportunities here could include automotive repair and maintenance services, car washes, and tire shops. These services will cater to the ongoing need for vehicle upkeep, which is supported by the high percentage of owner-occupied households with vehicles (65.3%).
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Baton Rouge’s housing data shows a significant percentage of households living in owner-occupied units (54.5%) and a median home value of $211,349, which suggests a stable housing market. Additionally, the median age of homes is 46.4 years, pointing to potential needs for maintenance and renovation services. Franchises that offer home improvement, landscaping, and repair services could find a receptive market in Baton Rouge, especially considering the historical annual growth in household income (4.1%) which could translate into disposable income for home investments.
With an estimated average household income of $90,435 and a projected increase in this income, there is likely disposable income available for discretionary spending, such as on health and fitness. The average household net worth in Baton Rouge is estimated at $440,378, which further supports the potential for expenditure on lifestyle and wellness services. Franchises that offer gyms, fitness classes, or wellness programs could tap into this segment of the market, leveraging the increasing focus on health and personal well-being.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Baton Rouge, Louisiana Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | Healthy YOU Vending | Vending Franchises | $25,000 | |
| 2 |  | Proper Ecom | Business Opportunities | $50,000 | |
| 3 |  | Zoomin Groomin | Pet Franchises | $90,000 | |
| 4 |  | GarageExperts | Home Services & Repair Franchises | $60,000 | |
| 5 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 6 |  | Automated Investments | Business Opportunities | $100,000 | |
| 7 |  | Village Idiot Pizza | Food Franchises | $250,000 | |
| 8 |  | My Business Venture | Computer & Internet Franchises | $10,000 | |
| 9 |  | CRAVE Hot Dogs and BBQ | Food Franchises | $70,000 | |
| 10 |  | Minuteman Press International | Printing, Copying, Shipping, Signs Franchises | $50,000 |
Is Baton Rouge the Right Place to Launch Your Franchise?
- What's the business landscape like in Baton Rouge?
- Is there a reliable workforce for my franchise?
- Are operational costs affordable in Baton Rouge?
- How financially stable is the community?
- What makes Baton Rouge a great fit for franchise owners?
Question:What's the business landscape like in Baton Rouge?
Answer:Baton Rouge is home to 89,514 businesses, meaning franchise owners can enter a market with less direct competition and a more localized customer base.
Question:Is there a reliable workforce for my franchise?
Answer:Yes! The city has 147,637 employed individuals, providing a steady and loyal workforce for franchise owners.
Question:Are operational costs affordable in Baton Rouge?
Answer:Absolutely. With a median rent of $839, franchise owners in Baton Rouge can benefit from lower real estate costs, making it easier to secure commercial space.
Question:How financially stable is the community?
Answer:The average household income in Baton Rouge is $88,333, supporting a stable and engaged customer base.
Question:What makes Baton Rouge a great fit for franchise owners?
Answer:With 106,072 housing units and a strong sense of community, Baton Rouge provides a stable market where franchises can establish long-term success.
At Franchise Ventures, we prioritize transparency and objectivity to empower your franchise decisions. Unlike brokers or franchisors, our motivations are unclouded by financial incentives tied to your choices. We don't earn based on the franchise you opt for, instead, our mission is to present you with impartial insights. Navigate through a realm of franchising opportunities with information you can trust.