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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 Manning, South Carolina | ||
Data | Manning, SC | Nationwide |
---|---|---|
Population | 3.85 thousand | 333.2 million |
Proj. 5 Year Population Growth | -4.4895% | 0.5% |
Median Household Income | $61,319 | $74,580 |
Median Age | 42.44 | 38.9 |
Residents per Business | 1 to 10 | 10 to 1 |
Annual Household Expenditures | $78.14 million | $23.9 trillion |
City Data retrieved from https://sitesusa.com/Data |
The automotive franchise industry could thrive in Manning, SC, considering the high percentage of households with vehicles—over 70% of households own at least one vehicle, and there is an average of 1.6 vehicles per household. This points to a demand for automotive services such as repair, maintenance, and parts.
Read MoreThe retail franchise industry in Manning can capitalize on the annual total household expenditure on retail goods, which was estimated at $36.83 million for 2023. Franchises that offer value-oriented retail options could meet the needs of this demographic.
A home services franchise, such as home improvement, landscaping, or cleaning services, could also be successful in Manning. The presence of older homes, with a median age of 44.3 years, particularly suggests opportunities for renovation and maintenance services.
Finally, business services franchises could find a promising market in Manning, SC, considering the local economic profile. The city hosts 392 businesses with a total of 3,053 employees, indicating a business-to-employee ratio of approximately 7.8 to 1. The presence of company headquarters (9 in total) with 251 employees suggests there are established local businesses that could be potential clients for services that improve business efficiency, such as marketing, printing, consulting, or logistics services.
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