Mr. Appliance
Trusted appliance repair franchise serving residential and commercial customers coast to coast.
$50k minimum cash required
Businesses for Sale | Takoma Park, Maryland
Discover business opportunities, in or around Takoma Park, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Takoma Park, located in The Old Line State had a total population of 17,317 people.
City Statistics and Other Information About Takoma Park
Demographics
From a total population of 17,317, Takoma Park has a median age of 40. The average age of males, in Takoma Park, is 39 while the average age of females is 41. When you compare the median age of men and women in Takoma Park, there is an average difference of 1.69 years.
Income
The median income of individuals, in Takoma Park, is $64,600 while the average household income is $105,010. In 2029, the average income per capita for Takoma Park is expected to be $64,600.
Additional Information
20912 - 20913Montgomery County
Is Takoma Park the Best Location for Franchise Opportunities and Growth?
What is the average income in Takoma Park?
The median household income in Takoma Park is $105,010, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Takoma Park an affordable place to start a franchise?
With a median income of $105,010, Takoma Park presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Takoma Park's income compare to other locations?
The median income of $105,010 in Takoma Park is above the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Takoma Park have a stable workforce to support my business?
Absolutely! With 4,762 employed individuals, Takoma Park offers a solid labor force to support franchise growth.
Is Takoma Park a growing economy?
With a workforce of 4,762 and a median household income of $105,010, Takoma Park provides a stable economic environment for new business opportunities.
Does homeownership in Takoma Park indicate a stable market?
Homeownership rates at 3,662 show a strong local investment in the community, which benefits long-term franchise success.