Laundromat Resource Forums Laundromats Demographics Reply To: Demographics



    One thing I wish that report did do or include would be to separate owner occupied housing by income levels.

    Some formulas used to estimate potential market or “core customers” take X % of renters and X % of owner occupied houses below a certain income level and combine.

    I have pulled several reports in smaller population areas where the number of renter households and the the number of households below certain income levels are almost exactly the same.

    I mention this because if using a formula to estimate market size that factors in X % of renter plus X % of owner occupied housing below a certain income level, it would be possible to overestimate by double counting some renters and households below a certain income level.

    Again this only matters if using the type of formula I mentioned.