Businesses for Sale | Suitland-Silver Hill, Maryland
Discover business opportunities, in or around Suitland-Silver Hill, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Suitland-Silver Hill, located in The Old Line State had a total population of 26,077 people.
City Statistics and Other Information About Suitland-Silver Hill
Demographics
From a total population of 26,077, Suitland-Silver Hill has a median age of 37. The average age of males, in Suitland-Silver Hill, is 34 while the average age of females is 38. When you compare the median age of men and women in Suitland-Silver Hill, there is an average difference of 4.1 years.
Income
The median income of individuals, in Suitland-Silver Hill, is $44,457 while the average household income is $75,559. In 2029, the average income per capita for Suitland-Silver Hill is expected to be $44,457.
Additional Information
No additional information.Is Suitland-Silver Hill the Best Location for Franchise Opportunities and Growth?
What is the average income in Suitland-Silver Hill?
The median household income in Suitland-Silver Hill is $75,559, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Suitland-Silver Hill an affordable place to start a franchise?
With a median income of $75,559, Suitland-Silver Hill presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Suitland-Silver Hill's income compare to other locations?
The median income of $75,559 in Suitland-Silver Hill is below the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Suitland-Silver Hill have a stable workforce to support my business?
Absolutely! With 6,612 employed individuals, Suitland-Silver Hill offers a solid labor force to support franchise growth.
Is Suitland-Silver Hill a growing economy?
With a workforce of 6,612 and a median household income of $75,559, Suitland-Silver Hill provides an emerging economic environment for new business opportunities.
Does homeownership in Suitland-Silver Hill indicate a stable market?
Homeownership rates at 4,179 show a strong local investment in the community, which benefits long-term franchise success.
