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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: Lincoln, NE 2024 | ||
Data | Lincoln, NE | Nationwide |
---|---|---|
Population | 295.58 thousand | 333.2 million |
Proj. 5 Year Population Growth | -2.4872% | 0.5% |
Median Household Income | $101,155 | $74,580 |
Median Age | 32.98 | 38.9 |
Residents per Business | 1 to 30 | 10 to 1 |
Annual Household Expenditures | $11.49 billion | $23.9 trillion |
City Data retrieved from https://sitesusa.com/Data |
Lincoln's strong business environment, indicated by the presence of 9,728 total businesses and an employee population per business of 12.7, presents an opportunity for business services franchises. With professional and related occupations making up 26.6% of the workforce, there's an inherent demand for services that support business operations. This could include franchises offering printing and marketing services, cleaning and maintenance, or even specialized consulting services.
Read MoreWith 93% of housing units occupied and a median home value of $237,455, there's evidence of a stable housing market in Lincoln, Nebraska. The data indicates a majority preference for owner-occupied housing (58.5%) over rental (41.5%), suggesting that homeowners may be more inclined to invest in home maintenance and improvement services. Franchises that provide landscaping, cleaning, and renovation services could capitalize on this market.
The transportation data in Lincoln shows that 71.3% of the workforce drives to work alone, and there's an average of 1.8 vehicles per household. With 37.9% of households having 2 vehicles available, services such as auto maintenance, repair, and detailing could see robust demand. The fact that there are 218,311 total vehicles available in the city underscores the potential customer base for automotive service franchises.
Lincoln presents a unique opportunity for franchise owners, with 120,830 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 $5.83 billion, reflecting steady consumer demand, while an average household income of $101,155 supports local spending. Additionally, the area's affordability—including a median rent of $876—reflects an accessible market, making Lincoln an attractive option for new franchises looking to grow with strong community support.
With 124,027 housing units and a strong sense of community, Lincoln 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.
Order | Franchise Name | Industry Name | Available Capital | ||
---|---|---|---|---|---|
1 | ![]() | GarageExperts | Home Services & Repair Franchises | $60,000 | |
2 | ![]() | Healthy YOU Vending | Vending Franchises | $25,000 | |
3 | ![]() | Village Idiot Pizza | Food Franchises | $250,000 | |
4 | ![]() | Proper Ecom | Business Opportunities | $50,000 | |
5 | ![]() | Automated Investments | Business Opportunities | $100,000 | |
6 | ![]() | Batteries Plus | Retail Franchises | $100,000 | |
7 | ![]() | TruBlue Home Service Ally | Home Services & Repair Franchises | $50,000 | |
8 | ![]() | Minuteman Press International | Printing, Copying, Shipping, Signs Franchises | $50,000 | |
9 | ![]() | CRAVE Hot Dogs and BBQ | Food Franchises | $70,000 | |
10 | ![]() | My Business Venture | Computer & Internet Franchises | $10,000 |
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.
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