Small Business in Algonquin

The city's median age is 41, and the average household size is 2.74, indicating a mix of young professionals, families, and retirees contributing to local economic activity. The median household income stands at $131,753, reflecting the community’s purchasing power and potential demand for various services. Algonquin supports a diverse small business ecosystem, this particular report covers 26 home service industries, with 4456 operating businesses.

Industries overview
Number of companies by home service industry in Algonquin
New websites
286
-20.78%
in 2024 compared to 2023
Total websites
3,448
+9.15% (+286)
increase from 2023 to 2024
New franchise locations
New home service franchise locations in Algonquin
Profile Launched
Floor & Decor
Feb, 2021
North American Van Lines
Feb, 2019
MaidPro
Nov, 2018
The Tile Shop
Feb, 2018
Extra Space Storage
Mar, 2016