Businesses for Sale | Lake Forest Park, Washington
Discover business opportunities, in or around Lake Forest Park, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Lake Forest Park, located in The Evergreen State had a total population of 12,951 people.
City Statistics and Other Information About Lake Forest Park
Demographics
From a total population of 12,951, Lake Forest Park has a median age of 43. The average age of males, in Lake Forest Park, is 42 while the average age of females is 45. When you compare the median age of men and women in Lake Forest Park, there is an average difference of 2.41 years.
Income
The median income of individuals, in Lake Forest Park, is $84,955 while the average household income is $157,125. In 2029, the average income per capita for Lake Forest Park is expected to be $84,955.
Additional Information
King CountyIs Lake Forest Park the Best Location for Franchise Opportunities and Growth?
What is the average income in Lake Forest Park?
The median household income in Lake Forest Park is $157,125, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Lake Forest Park an affordable place to start a franchise?
With a median income of $157,125, Lake Forest Park presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Lake Forest Park's income compare to other locations?
The median income of $157,125 in Lake Forest Park is above the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Lake Forest Park have a stable workforce to support my business?
Absolutely! With 3,826 employed individuals, Lake Forest Park offers a solid labor force to support franchise growth.
Is Lake Forest Park a growing economy?
With a workforce of 3,826 and a median household income of $157,125, Lake Forest Park provides a stable economic environment for new business opportunities.
Does homeownership in Lake Forest Park indicate a stable market?
Homeownership rates at 4,073 show a strong local investment in the community, which benefits long-term franchise success.
