Demographics Page Three

The central ward is generally considered the business section of town. Although there are scattered convenience stores and gas stations throughout Hometown, the major shopping areas are in the central ward. Notice in the Appendices that the central ward acts almost like the hub of a wheel with the only spoke missing being the spoke for the south and southeast side of Hometown. The following provides financial information about Hometown's business environment.

Business Ownership: Percentage of Locally Owned Business = 55
Percentage of Businesses owned by Non-Residents = 45
Average Assessed Value of Resident Owned Business Property = $250,000
Average Assessed Value of Non-Resident Owned Business Property = $375,000
Percentage of Jobs provided by Resident Employers = 45
Percentage of Jobs Provided by Non-Resident Employers = 55

Retail Establishments

Total = 3,224: Annual Sales = $3,327,249,920
Average Profit as a Percent of Sales = 8

Food Stores = 387: Annual Sales = $706,076,000
Average Profit as a Percent of Sales = 4

Auto Dealers = 182: Annual Sales = $830,895,000
Average Profit as a Percent of Sales = 5

Gasoline Stations = 280: Annual Sales = $254,097,000
Average Profit as a Percent of Sales = 6

Apparel Stores = 370: Annual Sales = $240,700,000
Average Profit as a Percent of Sales = 10

Furniture Stores = 243: Annual Sales = $211,496,000
Average Profit as a Percent of Sales = 9

Eating and Drinking Establishments = 897: Annual Sales = $340,381,000
Average Profit as a Percent of Sales = 5

Drug Stores = 110: Annual Sales = $112,272,000
Average Profit as a Percent of Sales = 30

Other = 755: Annual Sales = $631,332,920
Average Profit as a Percent of Sales = 7

Ownership by Economic Entity: Corporations = 2,224
Sole Proprietorships = 800
Partnerships = 200

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