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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 Round Rock, Texas | ||
| Data | Round Rock, TX | Nationwide |
|---|---|---|
| Population | 119.98 thousand | 333.2 million |
| Proj. 5 Year Population Growth | -10.5257% | 0.5% |
| Median Household Income | $139,581 | $74,580 |
| Median Age | 34.42 | 38.9 |
| Residents per Business | 1 to 22 | 10 to 1 |
| Annual Household Expenditures | $4.01 billion | $23.9 trillion |
| City Data retrieved from https://sitesusa.com/Data | ||
Franchising Landscape
The data for Round Rock, Texas offers a comprehensive view of the city's economic and demographic profile, which is instrumental in determining suitable franchise opportunities.
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With a median household income of $99,250 in 2023 and a robust owner-occupied median home value of $367,798, the real estate sector is an attractive industry in Round Rock. Real estate franchises can provide various services, from property management for the relatively large proportion of newer homes (25.4% built between 2010 and 2013) to real estate brokerage services, tapping into the market of those seeking to buy into this high-value property area.
The food and beverage industry is another area ripe for franchising, considering the total annual consumer expenditure in this category is $583.27 million. With a considerable amount spent on food and beverages monthly ($1,088) in Round Rock, franchises that offer unique dining experiences, fast-casual concepts, or specialty foods can appeal to the community’s palate and spending habits.
Lastly, the high vehicle availability (average of 1.9 vehicles per household with 69.3% of owner-occupied households having vehicles) supports automotive service franchises. Services like car maintenance, repair, and detailing could be in demand, given the need to maintain the large number of personal vehicles.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Round Rock, Texas Franchise Opportunities (and Businesses for Sale)
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