Businesses for Sale | Paramount, California
Discover business opportunities, in or around Paramount, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Paramount, located in The Golden State had a total population of 48,577 people.
City Statistics and Other Information About Paramount
Demographics
From a total population of 48,577, Paramount has a median age of 33. The average age of males, in Paramount, is 32 while the average age of females is 34. When you compare the median age of men and women in Paramount, there is an average difference of 1.03 years.
Income
The median income of individuals, in Paramount, is $28,095 while the average household income is $72,438. In 2029, the average income per capita for Paramount is expected to be $28,095.
Additional Information
90723Los Angeles County
Is Paramount the Best Location for Franchise Opportunities and Growth?
What is the average income in Paramount?
The median household income in Paramount is $72,438, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Paramount an affordable place to start a franchise?
With a median income of $72,438, Paramount presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Paramount's income compare to other locations?
The median income of $72,438 in Paramount is below the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Paramount have a stable workforce to support my business?
Absolutely! With 13,383 employed individuals, Paramount offers a solid labor force to support franchise growth.
Is Paramount a growing economy?
With a workforce of 13,383 and a median household income of $72,438, Paramount provides an emerging economic environment for new business opportunities.
Does homeownership in Paramount indicate a stable market?
Homeownership rates at 5,982 show a strong local investment in the community, which benefits long-term franchise success.
