Mr. Appliance
Trusted appliance repair franchise serving residential and commercial customers coast to coast.
$50k minimum cash required
Businesses for Sale | Chevy Chase Section Three, Maryland
Discover business opportunities, in or around Chevy Chase Section Three, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Chevy Chase Section Three, located in The Old Line State had a total population of 794 people.
City Statistics and Other Information About Chevy Chase Section Three
Demographics
From a total population of 794, Chevy Chase Section Three has a median age of 45. The average age of males, in Chevy Chase Section Three, is 44 while the average age of females is 45. When you compare the median age of men and women in Chevy Chase Section Three, there is an average difference of 0.89 years.
Income
The median income of individuals, in Chevy Chase Section Three, is $184,033 while the average household income is $290,769. In 2029, the average income per capita for Chevy Chase Section Three is expected to be $184,033.
Additional Information
Montgomery CountyIs Chevy Chase Section Three the Best Location for Franchise Opportunities and Growth?
What is the average income in Chevy Chase Section Three?
The median household income in Chevy Chase Section Three is $290,769, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Chevy Chase Section Three an affordable place to start a franchise?
With a median income of $290,769, Chevy Chase Section Three presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Chevy Chase Section Three's income compare to other locations?
The median income of $290,769 in Chevy Chase Section Three is above the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Chevy Chase Section Three have a stable workforce to support my business?
Absolutely! With 207 employed individuals, Chevy Chase Section Three offers a solid labor force to support franchise growth.
Is Chevy Chase Section Three a growing economy?
With a workforce of 207 and a median household income of $290,769, Chevy Chase Section Three provides a stable economic environment for new business opportunities.
Does homeownership in Chevy Chase Section Three indicate a stable market?
Homeownership rates at 248 show a strong local investment in the community, which benefits long-term franchise success.