Mr. Appliance
Trusted appliance repair franchise serving residential and commercial customers coast to coast.
$50k minimum cash required
Businesses for Sale | North Chevy Chase, Maryland
Discover business opportunities, in or around North Chevy Chase, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, North Chevy Chase, located in The Old Line State had a total population of 643 people.
City Statistics and Other Information About North Chevy Chase
Demographics
From a total population of 643, North Chevy Chase has a median age of 46. The average age of males, in North Chevy Chase, is 47 while the average age of females is 46. When you compare the median age of men and women in North Chevy Chase, there is an average difference of 0.97 years.
Income
The median income of individuals, in North Chevy Chase, is $113,936 while the average household income is $242,519. In 2029, the average income per capita for North Chevy Chase is expected to be $113,936.
Additional Information
Montgomery CountyIs North Chevy Chase the Best Location for Franchise Opportunities and Growth?
What is the average income in North Chevy Chase?
The median household income in North Chevy Chase is $242,519, providing insight into the financial conditions of local residents and their ability to support businesses.
Is North Chevy Chase an affordable place to start a franchise?
With a median income of $242,519, North Chevy Chase presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does North Chevy Chase's income compare to other locations?
The median income of $242,519 in North Chevy Chase is above the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does North Chevy Chase have a stable workforce to support my business?
Absolutely! With 171 employed individuals, North Chevy Chase offers a solid labor force to support franchise growth.
Is North Chevy Chase a growing economy?
With a workforce of 171 and a median household income of $242,519, North Chevy Chase provides a stable economic environment for new business opportunities.
Does homeownership in North Chevy Chase indicate a stable market?
Homeownership rates at 182 show a strong local investment in the community, which benefits long-term franchise success.