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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 Rancho Cucamonga, California | ||
| Data | Rancho Cucamonga, CA | Nationwide |
|---|---|---|
| Population | 174.08 thousand | 333.2 million |
| Proj. 5 Year Population Growth | 2.9911% | 0.5% |
| Median Household Income | $162,627 | $74,580 |
| Median Age | 35.26 | 38.9 |
| Residents per Business | 1 to 20 | 10 to 1 |
| Annual Household Expenditures | $5.59 billion | $23.9 trillion |
| City Data retrieved from https://sitesusa.com/Data | ||
Franchising Landscape
Given that the household vehicle availability data in Rancho Cucamonga shows that 40.8% of households have 2 vehicles and 30.4% have 3 or more vehicles, an automotive-related franchise would likely find a substantial customer base. The high vehicle ownership aligns with the fact that 73.5% of the workforce drives to work alone, indicating a significant reliance on personal transportation. An automotive service franchise specializing in maintenance, repair, or even car wash services could capitalize on the need for vehicle upkeep among the population of 174,076.
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With an average household income of $162,627 and a median home value of $564,856, Rancho Cucamonga residents demonstrate purchasing power. This financial capacity, combined with a high annual expenditure on food and beverages ($810.87M), suggests an opportunity for upscale or specialty food franchises.
The annual health care consumer expenditure stands at $448.36M in Rancho Cucamonga, which could reflect a community that places a high value on health and well-being. A health and fitness franchise could tap into this focus by providing fitness centers, wellness programs, or specialized health services.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Rancho Cucamonga, California Franchise Opportunities (and Businesses for Sale)
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