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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 Nampa, Idaho | ||
| Data | Nampa, ID | Nationwide |
|---|---|---|
| Population | 110.13 thousand | 333.2 million |
| Proj. 5 Year Population Growth | -16.6074% | 0.5% |
| Median Household Income | $84,906 | $74,580 |
| Median Age | 33.03 | 38.9 |
| Residents per Business | 1 to 33 | 10 to 1 |
| Annual Household Expenditures | $2.46 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.
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Nampa, Idaho Franchise Opportunities (and Businesses for Sale)
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