Businesses for Sale | Savage, Minnesota
Discover business opportunities, in or around Savage, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Savage, located in The North Star State had a total population of 32,873 people.
City Statistics and Other Information About Savage
Demographics
From a total population of 32,873, Savage has a median age of 36. The average age of males, in Savage, is 35 while the average age of females is 36. When you compare the median age of men and women in Savage, there is an average difference of 1.32 years.
Income
The median income of individuals, in Savage, is $60,467 while the average household income is $127,319. In 2029, the average income per capita for Savage is expected to be $60,467.
Additional Information
55378Scott County
Is Savage the Best Location for Franchise Opportunities and Growth?
What is the average income in Savage?
The median household income in Savage is $127,319, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Savage an affordable place to start a franchise?
With a median income of $127,319, Savage presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Savage's income compare to other locations?
The median income of $127,319 in Savage is above the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Savage have a stable workforce to support my business?
Absolutely! With 9,597 employed individuals, Savage offers a solid labor force to support franchise growth.
Is Savage a growing economy?
With a workforce of 9,597 and a median household income of $127,319, Savage provides a stable economic environment for new business opportunities.
Does homeownership in Savage indicate a stable market?
Homeownership rates at 9,456 show a strong local investment in the community, which benefits long-term franchise success.
