Businesses for Sale | Mayodan, North Carolina
Discover business opportunities, in or around Mayodan, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Mayodan, located in The Tar Heel State had a total population of 2,454 people.
City Statistics and Other Information About Mayodan
Demographics
From a total population of 2,454, Mayodan has a median age of 47. The average age of males, in Mayodan, is 44 while the average age of females is 49. When you compare the median age of men and women in Mayodan, there is an average difference of 5.29 years.
Income
The median income of individuals, in Mayodan, is $31,042 while the average household income is $43,085. In 2029, the average income per capita for Mayodan is expected to be $31,042.
Additional Information
27027Rockingham County
Is Mayodan the Best Location for Franchise Opportunities and Growth?
What is the average income in Mayodan?
The median household income in Mayodan is $43,085, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Mayodan an affordable place to start a franchise?
With a median income of $43,085, Mayodan presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Mayodan's income compare to other locations?
The median income of $43,085 in Mayodan is below the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Mayodan have a stable workforce to support my business?
Absolutely! With 566 employed individuals, Mayodan offers a solid labor force to support franchise growth.
Is Mayodan a growing economy?
With a workforce of 566 and a median household income of $43,085, Mayodan provides an emerging economic environment for new business opportunities.
Does homeownership in Mayodan indicate a stable market?
Homeownership rates at 638 show a strong local investment in the community, which benefits long-term franchise success.
