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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 Quincy, Washington | ||
Data | Quincy, WA | Nationwide |
---|---|---|
Population | 7.82 thousand | 333.2 million |
Proj. 5 Year Population Growth | -5.6277% | 0.5% |
Median Household Income | $90,165 | $74,580 |
Median Age | 31.46 | 38.9 |
Residents per Business | 1 to 36 | 10 to 1 |
Annual Household Expenditures | $150.97 million | $23.9 trillion |
City Data retrieved from https://sitesusa.com/Data |
The home services industry could also be lucrative in Quincy, WA. The data indicates that 61.3% of the housing units are owner-occupied, and there is a median home value of $284,920, which implies homeowners have an investment in maintaining and improving their properties. Services like landscaping, home renovation, and maintenance franchises could thrive, tapping into the 89.9% housing units occupied and the fact that 21.9% of households have incomes between $75,000 to $99,999, which may be discretionary income that can be directed towards home improvement.
Read MoreHealth and fitness franchises are another area with potential. With a total annual expenditure of $12.68 million on health care, the residents of Quincy are already investing in their health. Coupled with the trend towards healthier lifestyles and the increasing popularity of personalized fitness, a fitness franchise could meet a growing demand, supported by the fact that there's enough disposable income to spend on such services.
Lastly, considering the automotive industry, with most households owning 2 or more vehicles in Quincy, there's a clear need for automotive services. Franchises specializing in vehicle maintenance, car washes, and repairs could find a ready market.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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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