|
Income
Canton CAN deliver success
Canton, Ohio, is a stable,
prosperous metropolitan area which has been experiencing steady
growth in household income and retail sales per household for
decades. The city is located within Stark County, which offers a
substantial advantages to businesses that are growing or
relocating. At the top of the list is a positive business
environment. Geography is another advantage. Thirty percent of the
U.S. market is located within a 300 mile radius of Canton. This
fact, along with excellent land, air and rail service, puts world
markets within easy reach of businesses located here.
INCOME: The median income of
households in Canton-Massillon, OH MSA was $38,092. Seventy-nine
percent of households received earnings and 24 percent received
retirement income other than Social Security. Twenty-nine percent
of the households received Social Security. The average income
from Social Security was $11,863. These income sources are not
mutually exclusive; that is, some households received income from
more than one source.
|
Effective Buying Income 2000(2) |
|
Canton/Stark MSA |
| |
Median Household EBI |
$34,436 |
| |
Households with EBIs of $150,000
and Above |
1,900 |
| |
Percent of Households with EBIs
$20,000 - $34,999 |
24.0% |
| |
Percent of Households with EBIs
$35,000 - $49,999 |
20.2% |
| |
Percent of Households with EBIs
$50,000 and Over |
28.9% |
| |
Total Effective Buying Income |
$6,480,691,000 |
| |
Population |
402,800 |
| |
African-American Population |
29,600 |
| |
Hispanic Population |
4,000 |
| |
Percent of Population Age 18-24 |
7.9% |
| |
Age 25-34 |
12.4% |
| |
Age 35-49 |
23.7% |
| |
Age 50+ |
30.8% |
| |
Median Age |
37.8 |
| |
Number of Housholds |
156,200 |
| |
Retail Sales Data Sales |
$5,012,954,000 |
| |
Auto Dealer Sales |
$1,314,926,000 |
| |
Furniture, Home Furnishings and
Appliances Sales |
$90,065,000 |
| |
General Merchandise Sales |
$569,931,000 |
| |
Eating and Drinking Establishments
Sales |
$365,898,000 |
| |
Food Sales |
$655,816,000 |
| |
Gasoline Service Stations Sales |
$258,646,000 |
| |
Health and Personal Care Sales |
$450,702,000 |
| |
Business Establishments Number |
9,787 |
(2)Sales &
Marketing Management/1999 Annual Report |
