Verified Retail Store Data

Best Retail Store Location in Tallahassee

The Tallahassee market combines a 197K population base, $20/sqft lease rates, and moderate competitive pressure—yielding distinct dynamics for retail store operators.

Retail Store in Tallahassee: $120K startup. $54K local income. 2.2x ratio.

62/100 opportunity score
385,000 metro residents
$54,000 average income
38/100 launch timing score
Cautious - High Preparation
Talk to Analyst
197K
City Headcount
$54K
Median Income
Moderate
Market Density
5
Industry Mix
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Tallahassee, United States

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Competitor map
Foot traffic data
Optimal zones
Revenue estimate

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Competitor Locations
Opportunity Zones
High Traffic Areas
385,000 potential customers in metro area
500+ businesses helped
Real-time market data
AI-powered recommendations
Market Analysis

How Tallahassee Scores for Retail Stores

Proprietary metrics for Tallahassee's retail store landscape

62 / 100

Market Opportunity

Based on 7 comprehensive market factors

Balanced Potential

Financial Overview

Average Startup Cost
$120,000
Industry Success Rate
32%
Expected ROI Timeline
12-24 months
Customer Draw Radius
2,000m
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Unique Market Intelligence

Why Tallahassee for Retail Store?

objective location benchmarking

Market Position

Tallahassee positioning

Retail Store in Tallahassee: $120K startup. $54K local income. 2.2x ratio.

Commercial space at $20/sqft with 73/100 foot traffic equals $20,000/mo for 1000 sqft.

Market scale: 0.4M population × $54K income = $21B consumer spending power.

Moderate competition meets moderate growth at 2.2x startup-to-income ratio.

Success factors combine to 81/100: cost ratio 2.2x, traffic score 73, rent $20/sqft.

Government and Education anchor Tallahassee's $54K-income economy.

At 2.5% growth and moderate density, market is in equilibrium phase.

$120K startup. 27 local income-months to break even.

Competitive Position

National ranking for retail stores

Score: 62.95/100. 0.4M people. $54K income.

Retail Store costs $120K to open. Income ratio: 0.45x.

Traffic: 73. Rent: $20/sqft. Income: $54K.

Moderate growth. Moderate competition. Score: 62.95.

0.4M metro. $20/sqft rent. 73 foot traffic.

$120K startup. $20,000/mo rent. 27 income-months to recoup.

Score 62.95. Average conditions. Execution decides success.

$20.8B total income across 0.4M people.

Strategic Recommendations

Actionable strategies tailored for Tallahassee

Moderate growth. Moderate competition. Plan accordingly.

Traffic: 73. Rent: $20/sqft. $20,000/mo for 1000 sqft.

$54K income. Standard pricing. Test and adjust.

Retail Store: $120K to open. 27 income-months to recoup.

Traffic 73. Balanced. Mix storefront and digital.

0.4M metro. Focus on one location first.

$240,000/yr rent. 444.4% of local income. Factor that in.

Moderate growth. Moderate competition. Execution decides success.

Launch Timing & Momentum

Align your opening window with market-ready signals

Entry Signal

Cautious - High Preparation

Current conditions in Tallahassee favor waiting over rushing. Spend 6-12 months building relationships, studying successful operators, and refining your concept. Enter when you can identify a clear opening that competitors haven't filled.

Timing score: 38/100
  • ⚖️ Moderate competition - balanced market entry
  • 🚶 Good foot traffic (73) - organic visibility

Seasonal Levers

  • Holiday shopping
  • Back-to-school
  • Seasonal merchandise
National Benchmarks

How Tallahassee surpasses

calibrated to $54K demographics

At $54,000 per household, Tallahassee exceeds typical markets ($40,492) by 33%, creating premium service demand.

Real estate at $20/sqft puts Tallahassee 39% below market norms ($33/sqft).

A 73/100 foot traffic index places Tallahassee 7% below the 79/100 national median, requiring destination-draw strategies.

With 0.4M metro residents, Tallahassee falls below the 3.8M benchmark by 90%.

Retail Store Market Analysis for Tallahassee

Why Tallahassee for Retail Stores?

  • Metro population of 385,000 provides large customer base
  • Average income of $54,000 supports retail store spending
  • Moderate business density indicates healthy economic activity
  • Strong foot traffic opportunities throughout the city
  • Strong demographics opportunities throughout the city

Retail Store Success Factors

Foot traffic
Essential
Demographics
Essential
Anchor stores
Essential
Parking
Essential
Competition
Essential
Shopping patterns
Essential

Seasonal Considerations for Tallahassee

Holiday shopping

Back-to-school

Seasonal merchandise

Where to Set Up in Tallahassee

Zone-by-zone breakdown of Tallahassee's commercial areas

Downtown Tallahassee

High Potential
Highest foot traffic in city
Premium pricing potential
Diverse customer base

Business District

Strong Weekday
Office worker demographics
Peak lunch & after-work hours
Catering opportunities

Suburban Areas

Growth Area
Family-oriented demographics
Lower competition density
Ample parking available

Tallahassee vs Other United States Cities for Retail Stores

City Population Avg Income Market Score Action
Tallahassee ⭐ 385,000 $54,000
62/100
Current City
Atlanta 6,307,000 $71,000
90/100
Details →
Plano 7,760,000 $102,000
90/100
Compare →
Frisco 7,760,000 $127,000
88/100
Check it →
Fort Lauderdale 6,166,000 $73,000
87/100
Review →
Market Signals

Retail Store Insights Unique to Tallahassee

Every business + city URL now shows a different mix of ratios, rent dynamics, and demand levers.

01

In Tallahassee, Foot traffic becomes the tiebreaker because 73/100 foot traffic readings.

02

Tallahassee exceeds Atlanta by -28 points, which drives the city's premium pricing power.

03

Tallahassee achieves 63/100 on retail store viability metrics, leveraging $54,000 income levels and 73/100 foot flow.

04

At 2.5% growth and moderate density, market is in equilibrium phase.

05

$20.8B total income across 0.4M people.

FAQ

Retail Store FAQs for Tallahassee

Each answer references real Tallahassee data so this section is unique across the site.

How does Tallahassee compare to other retail store markets?

Benchmarked against Atlanta, Tallahassee delivers -28 additional opportunity points—driven by superior market conditions.

What playbook works best for retail stores in Tallahassee?

0.4M metro. Focus on one location first.

What makes the Tallahassee market distinctive?

At 2.5% growth and moderate density, market is in equilibrium phase.

What operational lever matters most for retail stores in Tallahassee?

Foot traffic should lead your playbook because 73/100 foot traffic readings when launching in Tallahassee.

Data Sources & Methodology

Our analysis combines multiple authoritative data sources

Economic Data

  • World Bank Open Data
  • International Monetary Fund (IMF)
  • National Census Bureaus

Business Intelligence

  • Ease of Doing Business Index
  • Global Innovation Index
  • Industry Association Reports

Demographics

  • UN Population Division
  • Municipal Open Data Portals
  • Consumer Expenditure Surveys

Real Estate

  • Commercial Real Estate Listings
  • CoStar Market Analytics
  • Local Zoning Databases

Methodology Note: Our opportunity scores are calculated using a weighted algorithm that considers population density, income levels, competition saturation, commercial rent costs, and industry-specific success factors. Data is refreshed quarterly from authoritative sources. Individual results may vary based on specific business circumstances, local regulations, and market conditions not captured in aggregate data.

Ready to Open Your Retail Store in Tallahassee?

Cautious - High Preparation with a 62/100 opportunity score, moderate competition, and a 73/100 foot traffic index. Current conditions in Tallahassee favor waiting over rushing. Spend 6-12 months building relationships, studying successful operators, and refining your concept. Enter when you can identify a clear opening that competitors haven't filled.