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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 Fontana, California | ||
Data | Fontana, CA | Nationwide |
---|---|---|
Population | 217.69 thousand | 333.2 million |
Proj. 5 Year Population Growth | -6.2743% | 0.5% |
Median Household Income | $132,340 | $74,580 |
Median Age | 31.59 | 38.9 |
Residents per Business | 1 to 42 | 10 to 1 |
Annual Household Expenditures | $4.69 billion | $23.9 trillion |
City Data retrieved from https://sitesusa.com/Data |
Fontana's estimated population in 2023 was 217,691, with a projected annual growth rate of 1.3%. With 41.7% of households having 3 or more vehicles available, and an average of 2.4 vehicles per household, there is a clear indication of a high dependency on personal transportation. The automotive industry would benefit from this high vehicle ownership, making car maintenance, repair, and auto parts franchises potentially successful ventures. Additionally, with the historical connection to the Auto Club Speedway, there's likely a cultural affinity for automotive services and products.
Read MoreIn Fontana, the majority of housing units are single-detached homes (74.9%), and with the median home value at $445,413, there's an indication of a substantial homeowner market interested in maintaining and enhancing their property. This factor, combined with the homeowner-occupied housing units standing at 60.7%, points to a viable market for home services franchises.
Considering Fontana's robust business environment, with 5,186 total businesses and a total employee count of 43,174, there is a strong case for the business services franchise industry. The presence of 105 company headquarters indicates a market for services that support corporate operations, such as marketing, staffing, janitorial, and consulting services.
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