Mr. Appliance
Trusted appliance repair franchise serving residential and commercial customers coast to coast.
$50k minimum cash required
Businesses for Sale | Lexington, South Carolina
Discover business opportunities, in or around Lexington, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Lexington, located in The Palmetto State had a total population of 21,252 people.
City Statistics and Other Information About Lexington
Demographics
From a total population of 21,252, Lexington has a median age of 38. The average age of males, in Lexington, is 38 while the average age of females is 39. When you compare the median age of men and women in Lexington, there is an average difference of 0.93 years.
Income
The median income of individuals, in Lexington, is $48,420 while the average household income is $87,234. In 2029, the average income per capita for Lexington is expected to be $48,420.
Additional Information
29071 - 29073Lexington County
Is Lexington the Best Location for Franchise Opportunities and Growth?
What is the average income in Lexington?
The median household income in Lexington is $87,234, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Lexington an affordable place to start a franchise?
With a median income of $87,234, Lexington presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Lexington's income compare to other locations?
The median income of $87,234 in Lexington is above the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Lexington have a stable workforce to support my business?
Absolutely! With 5,744 employed individuals, Lexington offers a solid labor force to support franchise growth.
Is Lexington a growing economy?
With a workforce of 5,744 and a median household income of $87,234, Lexington provides a stable economic environment for new business opportunities.
Does homeownership in Lexington indicate a stable market?
Homeownership rates at 5,890 show a strong local investment in the community, which benefits long-term franchise success.