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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 Pearland, Texas | ||
| Data | Pearland, TX | Nationwide |
|---|---|---|
| Population | 126.78 thousand | 333.2 million |
| Proj. 5 Year Population Growth | -10.3448% | 0.5% |
| Median Household Income | $157,424 | $74,580 |
| Median Age | 35.19 | 38.9 |
| Residents per Business | 1 to 22 | 10 to 1 |
| Annual Household Expenditures | $4.26 billion | $23.9 trillion |
| City Data retrieved from https://sitesusa.com/Data | ||
Franchising Landscape
With a total annual consumer expenditure of $616.22 million in food and beverages alone, Pearland, TX presents a lucrative market for restaurants, cafes, fast-food chains, and specialty food outlets. The average household income of $157,424 and median household income of $114,300 indicate strong purchasing power, supporting the demand for dining out and food delivery services. Considering the total household expenditure on health care amounting to $340.55 million annually, there is also a significant market for fitness centers, gyms, yoga studios, and other wellness-related franchises.
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Pearland's total retail expenditure of $2 billion annually indicates a robust retail market. Retail franchises offering apparel, furnishings, personal care products, and miscellaneous items could thrive in the area. With an annual household expenditure of $150.49 million on education, Pearland presents opportunities for tutoring centers, childcare franchises, and educational enrichment programs.
Overall, Pearland's strong economy, high household incomes, and diverse consumer spending habits make it an attractive location for various franchise industries, including food and beverage, health and fitness, retail, and education. Franchisees looking to invest in Pearland should consider these industries to capitalize on the city's growth and prosperity.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Pearland, Texas Franchise Opportunities (and Businesses for Sale)
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