Businesses for Sale | Providence, Rhode Island
Discover business opportunities, in or around Providence, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Providence, located in The Ocean State had a total population of 196,103 people.
City Statistics and Other Information About Providence
Demographics
From a total population of 196,103, Providence has a median age of 31. The average age of males, in Providence, is 30 while the average age of females is 33. When you compare the median age of men and women in Providence, there is an average difference of 3.57 years.
Income
The median income of individuals, in Providence, is $40,832 while the average household income is $66,415. In 2029, the average income per capita for Providence is expected to be $40,832.
Additional Information
02901 - 02940Providence County
Is Providence the Best Location for Franchise Opportunities and Growth?
What is the average income in Providence?
The median household income in Providence is $66,415, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Providence an affordable place to start a franchise?
With a median income of $66,415, Providence presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Providence's income compare to other locations?
The median income of $66,415 in Providence is below the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Providence have a stable workforce to support my business?
Absolutely! With 53,051 employed individuals, Providence offers a solid labor force to support franchise growth.
Is Providence a growing economy?
With a workforce of 53,051 and a median household income of $66,415, Providence provides an emerging economic environment for new business opportunities.
Does homeownership in Providence indicate a stable market?
Homeownership rates at 24,304 show a strong local investment in the community, which benefits long-term franchise success.
