| Top Ten Reasons to Locate Your Business in Downtown Leesburg |  |  |
 | - Enormous untapped markets - Each day, downtown Leesburg is frequented by thousands of people, including visitors, the daily work force and local residents.
- Downtown is the hub of Leesburg, and one of the chief destinations in Lake County.
- 150,000 visitors are attracted annually to the beautiful lakefront - just a short walk from downtown!
- An attractive, pedestrian shopping area with an outdoor family friendly environment.
- Abundant historic, recreation and cultural attractions.
- Central location "where it all comes together!" The legal, financial and service center of Leesburg.
- A real committment to progress - the City has invested millions of dollars to sustain and further enhance the greater downtown area with more planned.
- Convenient easy access to major roads (US 27 and US 441) and high visibility.
- A place where entrepreneurship and imagination are recognized, encouraged and rewarded!
- Friendly atmosphere and a strong sense of community.
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| Disposable Income Profile | | |
 | Population | 372,318 | | Median Age | 49.9 | | Households | 158,380 | | Average Household Size | 2.28 | 2007 Households by Disposable Income | | Median Disposable Income | $34,666 | | Average Disposable Income | $44,524 |
2007 Disposable Income by Age of Householder | | | < 25 | 25-34 | 35-44 | 45-54 | 55-64 | 65-74 | > 75 | | $27,096 | $35,279 | $39,140 | $43,689 | $37,761 | $32,612 | $26,072 | | $38,744 | $41,018 | $50,282 | $54,146 | $48,691 | $42,055 | $35,988 | | 4,518 | 13,222 | 20,199 | 24,035 | 26,347 | 35,885 | 34,174 | | 1,245 | 1,658 | 2,048 | 2,633 | 4,041 | 5,495 | 8,757 | | 818 | 2,415 | 2,905 | 2,993 | 3,787 | 7,016 | 7,483 | | 721 | 2,439 | 3,486 | 3,477 | 4,017 | 6,650 | 5,762 | | 769 | 3,267 | 4,524 | 4,402 | 5,267 | 6,668 | 5,468 | | 428 | 2,425 | 4,558 | 6,460 | 5,599 | 7,041 | 4,151 | | 259 | 513 | 1,246 | 1,983 | 1,436 | 1,274 | 1,165 | | 205 | 438 | 881 | 1,397 | 1,657 | 1,274 | 863 | | 30 | 28 | 269 | 333 | 230 | 185 | 252 | | 43 | 39 | 282 | 357 | 313 | 282 | 273 |
Source: US Bureau of Census, 2000 Census of Population and Housing. ESRI forecasts for 2007 and 2012. |
| Demographic and Income Profile | | |
Summary | 2007 | | Trends: | Area
| | Population | 372,318 | | Population | 4.58% | | Households | 158,380 | | Households | 4.86% | | Families | 110,054 | | Families | 4.58% | | Avg. Household Size | 2.28 | | Owner HHs | 4.90% | | Owner Occupied HUs | 133,819 | | Median Household Income | 2.69% | | Renter Occupied HUs | 24,561 | | Median Age | 49.9 | | | 2007 Households | | 2007 Population | | Income | Number | Percent | | Age | Number | Percent | | < $15,000 | 21,647 | 13.7% | | 0 - 4 | 17,970 | 4.8% | | $15,000 - $24,999 | 21,649 | 13.7% | | 5 - 9 | 16,574 | 4.5% | | $25,000 - $34,999 | 22,263 | 14.1% | | 10 - 14 | 18,392 | 4.9% | | $35,000 - $49,999 | 29,928 | 18.8% | | 15 - 19 | 18,542 | 5.0% | | $50,000 - $74,999 | 31,931 | 20.2% | | 20 - 24 | 17,624 | 4.7% | | $75,000 - $99,999 | 14,073 | 8.8% | | 25 - 34 | 31,668 | 8.5% | | $100,000 - $149,999 | 11,359 | 7.2% | | 35 - 44 | 41,264 | 11.1% | | $150,000 - $199,999 | 2,623 | 1.7% | | 45 - 54 | 46,684 | 12.5% | | > $200,000 | 2,908 | 1.8% | | 55 - 64 | 49,825 | 13.4% | | | | 65 - 74 | 60,367 | 16.2% | | | | 75 - 84 | 41,315 | 11.2% | | | | > 85 | 12,092 | 3.2% |
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| Here's What Downtown Leesburg Business Owners Have To Say | | |
Convenient location. Professional image. Friendly business community. That's what downtown is all about! Where else can you get a view of Lake Harris and be only a short walk away from restaurants, banks, and services all while benefitting from reasonable rent rates? Downtown Leesburg is a charming, safe and vibrant place to work and visit. We chose our location based on the thriving economy and mix of people coming downtown every day. We are currently in our 4th year of business and business has grown dramatically due to word of mouth. Since relocating to downtown, both the auto and foot traffic have helped increase our sales significantly. We have doubled the sales of previous owners. This growth is directly related to downtown redevelopment efforts. The desire to invest and plan for the future continues to fuel growth within downtown Leesburg and the entire Lake County area. |
| Market Profile | | |
2007 consumer spending shows the amount spent on a variety of goods and services by households that reside in the market area. Expenditures are shown by broad budget categories that are not mutually exclusive. Consumer spending does not equal business revenue. | | Total $ | | Apparel & Services | $272,844,924 | | Computers & Accessories | $27,284,065 | | Education | $127,729,038 | | Entertainment/Recreation | $411,207,760 | | Food At Home | $609,318,989 | | Food Away From Home | $384,113,610 | | Health Care | $563,486,027 | | HH Furnishings & Equipment | $255,046,004 | | Investments | $175,252,408 | | Retail Goods | $3,195,722,316 | | Shelter | $1,653,027,131 | | TV/Video/Sound Equipment | $136,135,280 | | Travel | $220,862,343 | | Vehicle Maintenance & Repairs | $131,390,548 |
Source: Expenditure dates are derived from the 2002, 2003 and 2004 Consumer Expenditure Surveys, Bureau of Labor Statistics. ESRI forecasts for 2007. |
| Target Markets | | |
Location Trade Area Population, 2007
(20 mile radius from Leesburg) | 299,721 | | Average Household Income, 2007 | $51,748 | | Median Age, 2007 | 49.9 Years Old
16.5% are 17 & Under
36.4% are 65 & Over | | Downtown Workforce Population | 1,500 | Average Daily Traffic Counts, 2007
| W. Main | 20,500 | | W. Dixie | 23,000 | | North Blvd. & Canal | 41,500 |
| Traffic Profile
| Distance | Street | Closest Cross Street | Year | Count | | 0.18 | W. Main St. | Lee St. (0.03 miles E) | 1998 | 20,500 | | 0.37 | North Blvd. E. | N. Canal St. (0.08 miles SE) | 2005 | 32,000 | | 0.46 | E. Dixie Ave. | Ball Park Rd. (0.03 miles E) | 2005 | 25,000 | | 0.58 | North Blvd E. | N. Lake St. (0.1 miles E) | 2005 | 35,000 | | 0.58 | North Blvd. W. | Perkins St. (0.09 miles NW) | 2005 | 33,500 | | 0.60 | N. 14th St. | High. St. (0.04 miles N) | 2005 | 28,500 | | 0.62 | S. 14th St. | Vine St. (0.05 miles N) | 2005 | 26,500 | | 0.63 | N. 14th St. | Center St. (0.04 miles N) | 2003 | 28,500 | | 0.66 | S. 14th St. | W. Meadows Ave. (0.05 miles N) | 2003 | 26,000 | | 0.67 | W. Dixie Ave. | S. 12th St. (0.1 miles NE) | 2005 | 25,500 |
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Data Note: A traffic count is defined as the two-way Average Daily Traffic (ADT) that passes that location. Source: MPSI Systems, Inc. dba DataMetrix |
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