Mr. Appliance
Trusted appliance repair franchise serving residential and commercial customers coast to coast.
$50k minimum cash required
Businesses for Sale | Ellicott City, Maryland
Discover business opportunities, in or around Ellicott City, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Ellicott City, located in The Old Line State had a total population of 77,327 people.
City Statistics and Other Information About Ellicott City
Demographics
From a total population of 77,327, Ellicott City has a median age of 41. The average age of males, in Ellicott City, is 41 while the average age of females is 42. When you compare the median age of men and women in Ellicott City, there is an average difference of 1.01 years.
Income
The median income of individuals, in Ellicott City, is $79,793 while the average household income is $163,397. In 2029, the average income per capita for Ellicott City is expected to be $79,793.
Additional Information
21041 - 21043Is Ellicott City the Best Location for Franchise Opportunities and Growth?
What is the average income in Ellicott City?
The median household income in Ellicott City is $163,397, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Ellicott City an affordable place to start a franchise?
With a median income of $163,397, Ellicott City presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Ellicott City's income compare to other locations?
The median income of $163,397 in Ellicott City is above the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Ellicott City have a stable workforce to support my business?
Absolutely! With 20,942 employed individuals, Ellicott City offers a solid labor force to support franchise growth.
Is Ellicott City a growing economy?
With a workforce of 20,942 and a median household income of $163,397, Ellicott City provides a stable economic environment for new business opportunities.
Does homeownership in Ellicott City indicate a stable market?
Homeownership rates at 20,213 show a strong local investment in the community, which benefits long-term franchise success.