Businesses for Sale | Baltimore, Maryland
Discover business opportunities, in or around Baltimore, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Baltimore, located in The Old Line State had a total population of 568,184 people.
City Statistics and Other Information About Baltimore
Demographics
From a total population of 568,184, Baltimore has a median age of 36. The average age of males, in Baltimore, is 34 while the average age of females is 37. When you compare the median age of men and women in Baltimore, there is an average difference of 3.44 years.
Income
The median income of individuals, in Baltimore, is $40,322 while the average household income is $58,427. In 2029, the average income per capita for Baltimore is expected to be $40,322.
Additional Information
21201 - 21298Baltimore (City)
Is Baltimore the Best Location for Franchise Opportunities and Growth?
What is the average income in Baltimore?
The median household income in Baltimore is $58,427, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Baltimore an affordable place to start a franchise?
With a median income of $58,427, Baltimore presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Baltimore's income compare to other locations?
The median income of $58,427 in Baltimore is below the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Baltimore have a stable workforce to support my business?
Absolutely! With 137,769 employed individuals, Baltimore offers a solid labor force to support franchise growth.
Is Baltimore a growing economy?
With a workforce of 137,769 and a median household income of $58,427, Baltimore provides an emerging economic environment for new business opportunities.
Does homeownership in Baltimore indicate a stable market?
Homeownership rates at 108,411 show a strong local investment in the community, which benefits long-term franchise success.
