Businesses for Sale | Sumter, South Carolina
Discover business opportunities, in or around Sumter, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Sumter, located in The Palmetto State had a total population of 43,047 people.
City Statistics and Other Information About Sumter
Demographics
From a total population of 43,047, Sumter has a median age of 34. The average age of males, in Sumter, is 32 while the average age of females is 37. When you compare the median age of men and women in Sumter, there is an average difference of 5.23 years.
Income
The median income of individuals, in Sumter, is $34,241 while the average household income is $54,288. In 2029, the average income per capita for Sumter is expected to be $34,241.
Additional Information
29150 - 29154Sumter County
Is Sumter the Best Location for Franchise Opportunities and Growth?
What is the average income in Sumter?
The median household income in Sumter is $54,288, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Sumter an affordable place to start a franchise?
With a median income of $54,288, Sumter presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Sumter's income compare to other locations?
The median income of $54,288 in Sumter is below the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Sumter have a stable workforce to support my business?
Absolutely! With 8,477 employed individuals, Sumter offers a solid labor force to support franchise growth.
Is Sumter a growing economy?
With a workforce of 8,477 and a median household income of $54,288, Sumter provides an emerging economic environment for new business opportunities.
Does homeownership in Sumter indicate a stable market?
Homeownership rates at 9,333 show a strong local investment in the community, which benefits long-term franchise success.
