Mr. Appliance
Trusted appliance repair franchise serving residential and commercial customers coast to coast.
$50k minimum cash required
Businesses for Sale | College Park, Maryland
Discover business opportunities, in or around College Park, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, College Park, located in The Old Line State had a total population of 35,379 people.
City Statistics and Other Information About College Park
Demographics
From a total population of 35,379, College Park has a median age of 22. The average age of males, in College Park, is 21 while the average age of females is 30. When you compare the median age of men and women in College Park, there is an average difference of 8.63 years.
Income
The median income of individuals, in College Park, is $31,735 while the average household income is $67,951. In 2029, the average income per capita for College Park is expected to be $31,735.
Additional Information
20740 - 20742Prince George's County
Is College Park the Best Location for Franchise Opportunities and Growth?
What is the average income in College Park?
The median household income in College Park is $67,951, providing insight into the financial conditions of local residents and their ability to support businesses.
Is College Park an affordable place to start a franchise?
With a median income of $67,951, College Park presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does College Park's income compare to other locations?
The median income of $67,951 in College Park is below the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does College Park have a stable workforce to support my business?
Absolutely! With 11,106 employed individuals, College Park offers a solid labor force to support franchise growth.
Is College Park a growing economy?
With a workforce of 11,106 and a median household income of $67,951, College Park provides an emerging economic environment for new business opportunities.
Does homeownership in College Park indicate a stable market?
Homeownership rates at 3,493 show a strong local investment in the community, which benefits long-term franchise success.