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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: Bloomington, IN 2024 | ||
| Data | Bloomington, IN | Nationwide |
|---|---|---|
| Population | 80.35 thousand | 333.2 million |
| Proj. 5 Year Population Growth | 0.6555% | 0.5% |
| Median Household Income | $77,604 | $74,580 |
| Median Age | 23.87 | 38.9 |
| Residents per Business | 1 to 23 | 10 to 1 |
| Annual Household Expenditures | $2.72 billion | $23.9 trillion |
| City Data retrieved from https://sitesusa.com/Data | ||
Franchising Landscape
The health and fitness industry appears to be a strong candidate for franchising opportunities in Bloomington, Indiana. With an estimated average household net worth of $350,617 in 2023 and the average household income projected to increase from $77,293 in 2023 to $82,816 by 2028, there is potential spending power to support discretionary expenses such as gym memberships and wellness services. The health care consumer expenditure sits at $160.06 million, indicating a community that values health and well-being. A franchise in the health and fitness sector, such as a gym or a specialized fitness studio, could capitalize on Bloomington's economic profile.
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Home services franchises could find a receptive market in Bloomington, given the homeowner statistics. With 46.2% of housing units owner-occupied and a median home value of $244,674, there is an indication of a stable and invested homeowner base that may require home improvement, maintenance, and repair services.
Lastly, the education industry could also be a lucrative area for franchising. There is an annual expenditure of $61.2 million on education in Bloomington. Franchises that offer tutoring services, educational materials, or child development programs could tap into this market.
Bloomington presents a unique opportunity for franchise owners, with 34,370 businesses serving the local community. With fewer businesses compared to larger markets, franchise owners can benefit from less direct competition while still tapping into a steady local economy.
Annual retail expenditures total $1.34 billion, reflecting steady consumer demand, while an average household income of $77,604 supports local spending. Additionally, the area's affordability—including a median rent of $936—reflects an accessible market, making Bloomington an attractive option for new franchises looking to grow with strong community support.
With 36,434 housing units and a strong sense of community, Bloomington offers a business-friendly environment where franchises can build lasting customer relationships and long-term stability.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Bloomington, Indiana Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | Healthy YOU Vending | Vending Franchises | $25,000 | |
| 2 |  | SiteSwan Website Builder | Business Opportunities | $199 | |
| 3 |  | BrightStar Care | Senior Care Franchises | $100,000 | |
| 4 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 5 |  | American Business Systems, LLC | Financial Franchises | $30,000 | |
| 6 |  | Zoomin Groomin | Pet Franchises | $90,000 | |
| 7 |  | GarageExperts | Home Services & Repair Franchises | $60,000 | |
| 8 |  | Automated Investments | Business Opportunities | $100,000 | |
| 9 |  | Fleet Services International | Auto Franchises | $100,000 | |
| 10 |  | Jeff's Bagel Run | Food | $500,000 |
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.