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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 Stockton, California | ||
| Data | Stockton, CA | Nationwide |
|---|---|---|
| Population | 322.06 thousand | 333.2 million |
| Proj. 5 Year Population Growth | -1.2343% | 0.5% |
| Median Household Income | $105,229 | $74,580 |
| Median Age | 33.05 | 38.9 |
| Residents per Business | 1 to 38 | 10 to 1 |
| Annual Household Expenditures | $7.17 billion | $23.9 trillion |
| City Data retrieved from https://sitesusa.com/Data | ||
Franchising Landscape
Analyzing the comprehensive profile for Stockton, CA, several industries emerge as promising areas for new franchisees. Starting with the automotive industry, the data indicates that there are 199,127 total vehicles available, with an average of 2.0 vehicles per household, suggesting a strong car culture. Additionally, 34.2% of households have 2 vehicles, which could imply a need for services like oil changes and tire replacements, further bolstering the viability of automotive franchises.
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The health and fitness industry also presents an opportunity. With an annual expenditure of $594.8 million on health care, there is a clear focus on health and wellness in the Stockton community. The increasing average household income, from $105,229 in 2023 to a projected $112,808 in 2028, suggests that residents might have disposable income for fitness memberships, personal training, and wellness programs. Franchises that offer health-related services could tap into this growing market.
The real estate industry is another promising sector. The median home value for owner-occupied units stands at $405,786, and there is a segment of the population (4.2%) living in homes valued at $1,000,000 or more. With a projected growth of 838 households from 2023 to 2028, real estate franchises that offer brokerage services, property management, or home inspection services could capitalize on the housing market's needs.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Stockton, California Franchise Opportunities (and Businesses for Sale)
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