Businesses for Sale | Lynn, Massachusetts
Discover business opportunities, in or around Lynn, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Lynn, located in The Bay State had a total population of 101,089 people.
City Statistics and Other Information About Lynn
Demographics
From a total population of 101,089, Lynn has a median age of 34. The average age of males, in Lynn, is 33 while the average age of females is 35. When you compare the median age of men and women in Lynn, there is an average difference of 2.19 years.
Income
The median income of individuals, in Lynn, is $34,755 while the average household income is $71,992. In 2029, the average income per capita for Lynn is expected to be $34,755.
Additional Information
01901 - 01910Essex County
Is Lynn the Best Location for Franchise Opportunities and Growth?
What is the average income in Lynn?
The median household income in Lynn is $71,992, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Lynn an affordable place to start a franchise?
With a median income of $71,992, Lynn presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Lynn's income compare to other locations?
The median income of $71,992 in Lynn is below the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Lynn have a stable workforce to support my business?
Absolutely! With 26,750 employed individuals, Lynn offers a solid labor force to support franchise growth.
Is Lynn a growing economy?
With a workforce of 26,750 and a median household income of $71,992, Lynn provides an emerging economic environment for new business opportunities.
Does homeownership in Lynn indicate a stable market?
Homeownership rates at 15,956 show a strong local investment in the community, which benefits long-term franchise success.
