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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 Santa Rosa, California | ||
| Data | Santa Rosa, CA | Nationwide |
|---|---|---|
| Population | 177.66 thousand | 333.2 million |
| Proj. 5 Year Population Growth | 0.903% | 0.5% |
| Median Household Income | $138,612 | $74,580 |
| Median Age | 40.68 | 38.9 |
| Residents per Business | 1 to 22 | 10 to 1 |
| Annual Household Expenditures | $6.02 billion | $23.9 trillion |
| City Data retrieved from https://sitesusa.com/Data | ||
Franchising Landscape
Santa Rosa, CA presents an intriguing opportunity for franchise development in several industries, considering the city's economic profile and demographics. With an estimated population of 177,663 in 2023, the area maintains a stable population density of 4,164 people per square mile. Households are relatively affluent with an estimated average household income of $138,612 in 2023, forecasted to rise to $152,701 by 2028.
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Given these income statistics, the real estate industry stands out as a promising sector for franchising. With the owner-occupied median home value at $658,231 and a significant proportion of homes valued at $500,000 to $749,999, a real estate franchise specializing in property sales or property management could capitalize on the area's housing market. Additionally, the historical annual change in the average household income shows a robust increase of 5.2%, suggesting growing wealth that could fuel the housing market further.
Another sector that appears favorable for franchising is health and fitness. With an annual consumer expenditure of $491.06 million on health care, there is evident attention to health and wellness among Santa Rosa residents. A franchise in the health and fitness industry could appeal to the community, particularly if it offers personalized services, wellness programs, or cutting-edge fitness technology that aligns with the city's relatively high median income levels.
The automotive industry could be another avenue for franchising, especially since the data indicates there are 128,074 total vehicles available in Santa Rosa, with an average of 1.9 vehicles per household. The significant percentage of households with 2 vehicles (37.6%) or 3 or more vehicles (23.6%) suggests that services related to vehicle maintenance, repair, and detailing could be in high demand. An automotive service franchise could find a solid customer base in Santa Rosa, tapping into the routine needs of vehicle owners.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Santa Rosa, California Franchise Opportunities (and Businesses for Sale)
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