Businesses for Sale | Bangor, Maine
Discover business opportunities, in or around Bangor, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Bangor, located in The Pine Tree State had a total population of 31,139 people.
City Statistics and Other Information About Bangor
Demographics
From a total population of 31,139, Bangor has a median age of 39. The average age of males, in Bangor, is 37 while the average age of females is 40. When you compare the median age of men and women in Bangor, there is an average difference of 2.7 years.
Income
The median income of individuals, in Bangor, is $45,063 while the average household income is $58,822. In 2029, the average income per capita for Bangor is expected to be $45,063.
Additional Information
04401 - 04402Penobscot County
Is Bangor the Best Location for Franchise Opportunities and Growth?
What is the average income in Bangor?
The median household income in Bangor is $58,822, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Bangor an affordable place to start a franchise?
With a median income of $58,822, Bangor presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Bangor's income compare to other locations?
The median income of $58,822 in Bangor is below the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Bangor have a stable workforce to support my business?
Absolutely! With 8,574 employed individuals, Bangor offers a solid labor force to support franchise growth.
Is Bangor a growing economy?
With a workforce of 8,574 and a median household income of $58,822, Bangor provides an emerging economic environment for new business opportunities.
Does homeownership in Bangor indicate a stable market?
Homeownership rates at 6,417 show a strong local investment in the community, which benefits long-term franchise success.
