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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: Nampa, ID 2024 | ||
| Data | Nampa, ID | Nationwide |
|---|---|---|
| Population | 114.48 thousand | 333.2 million |
| Proj. 5 Year Population Growth | -11.1764% | 0.5% |
| Median Household Income | $91,195 | $74,580 |
| Median Age | 32.98 | 38.9 |
| Residents per Business | 1 to 35 | 10 to 1 |
| Annual Household Expenditures | $3.99 billion | $23.9 trillion |
| City Data retrieved from https://sitesusa.com/Data | ||
Franchising Landscape
Nampa's estimated average household income in 2023 stands at $84,906 with an estimated average household net worth of $561,497. This financial stability provides a strong customer base for health and fitness franchises. With a total annual consumer expenditure on health care at $210.07 million, there's evident priority on health which could be extended to fitness and wellness services.
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The data shows a significant portion of the population in Nampa owns their homes (71.6% owner-occupied housing units), with a median home value of $357,025. This suggests a market for home services franchises, such as landscaping, cleaning, and repair, to serve these homeowners. There is a trend of growth in housing units with an increase of 3,701 from 2020 to 2023, and the median age of homes stands at 36 years, which may indicate a need for maintenance and upgrades.
The high number of vehicles per household (average of 2.2 vehicles) and the significant portion of households with 3 or more vehicles available (31%) suggest that automotive services could be a viable industry in Nampa. Considering the 98.1% housing unit occupancy rate, there's a stable residential population that would require regular car maintenance, repair, and possibly upgrades. This is bolstered by the fact that the majority of the working population drives to work alone (74.5%), indicating frequent use of personal vehicles that will need servicing.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Nampa, Idaho Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | Automated Investments | Business Opportunities | $100,000 | |
| 2 |  | GarageExperts | Home Services & Repair Franchises | $60,000 | |
| 3 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 4 |  | Healthy YOU Vending | Vending Franchises | $25,000 | |
| 5 |  | Health Atlast | Health & Fitness Franchises | $300,000 | |
| 6 |  | BrightStar Care | Senior Care Franchises | $100,000 | |
| 7 |  | American Business Systems, LLC | Financial Franchises | $30,000 | |
| 8 |  | Zoomin Groomin | Pet Franchises | $90,000 | |
| 9 |  | Fleet Services International | Auto Franchises | $100,000 | |
| 10 |  | Jeff's Bagel Run | Food | $500,000 |
Is Nampa Be the Right Place to Launch Your Franchise?
- What's the business landscape like in Nampa?
- Is there a reliable workforce for my franchise?
- Are operational costs affordable in Nampa?
- How financially stable is the community?
- What makes Nampa a great fit for franchise owners?
Question:What's the business landscape like in Nampa?
Answer:Nampa is home to 41,465 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 31,512 employed individuals, providing a steady and loyal workforce for franchise owners.
Question:Are operational costs affordable in Nampa?
Answer:Absolutely. With a median rent of $1,000, franchise owners in Nampa 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 Nampa is $91,195, supporting a stable and engaged customer base.
Question:What makes Nampa a great fit for franchise owners?
Answer:With 37,380 housing units and a strong sense of community, Nampa 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.