Sold at development cost Relocated from high performing 12-pump facility to 16-pump facility
FILE PHOTO
OFFERING | $5,596,154 – 5.50% CAP QuikTrip | absolute NNN, corporate Sale-leaseback
3230 E Admiral Pl n, tulsa, ok
310.736.4179 Property. New 4,840+ SF building on 1.98+ acre site. Relocated QuikTrip: From high performing 12-pump facility to new 16-pump facility. Lessee: QuikTrip Corporation. Operates 780+ stores across 11 states with 20,000 employees and 2017 annual sales in excess of $11 billion. JOE CAPUTO Tenant. [email protected] Lease structure. New 15-year, corporate absolute NNN with Cap Rate increases of 25 basis points every 5 years after the primary term. ALEX TOWER Location. QuikTrip is strategically located on the northwest corner of Admiral Pl. (15,000 VPD) and Harvard Ave. (22,000 VPD) in Tulsa, OK. The immediate trade [email protected] area features high population demographics of 86,000 within a 3-mile radius. Directly across I-244 “Crosstown Expy.” (67,000 VPD) is the University of Tulsa (4,433 students), a top 50 private research institution with renowned programs in law, literature, computer science, natural sciences, psychology, and engineering. Other traffic generators within a mile of the site are Will Rogers High School (692 students), Sequoyah Elementary School (597 students), Whittier Square Historic District, and Hardesty Sports & Recreation Complex. Notable national credit tenants in the immediate trade area are O’Reilly, AutoZone, Advanced Auto, Walgreen’s, Dollar General, Family Dollar, Sonic, Chick-Fil-A, Einstein Bros. Bagels, Metro PCS, McDonald’s, Arby’s, Papa John’s, Subway, Burger King, Taco Bell, Jimmy Johns and more. QuikTrip is located approximately 3-miles from downtown Tulsa, OK. Table of contents | Disclaimer quiktrip
3230 E Admiral Pl n, tulsa, ok
PAGE 1: COVER Disclaimer Trivanta (“Agent”) has been engaged as an agent for the sale of the property located at PAGE 2: TABLE OF CONTENTS | DISCLAIMER 3230 E. Admiral Pl. N., Tulsa, OK the owner of the Property (“Seller”). Seller and Agent make no representations or warranties as to the accuracy of the information contained in PAGE 3: INVESTMENT | TENANT | LEASE OVERVIEW this Offering Memorandum. The enclosed materials include highly confidential information and are being furnished solely for the purpose of review by prospective purchasers of the PAGE 4: TENANT OVERVIEW CONTINUED interest described herein. The enclosed materials are being provided solely to facilitate the prospective investor’s own due diligence for which it shall be fully and solely responsible. The material contained herein is based on information and sources deemed to be reliable, PAGE 5-6: AERIAL PHOTOS but no representation or warranty, express or implied, is being made by Agent or Seller or any of their respective representatives, affiliates, officers, employees, shareholders, PAGE 7: SITE PLAN partners and directors, as to the accuracy or completeness of the information contained herein. Summaries contained herein of any legal or other documents are not intended to be comprehensive statements of the terms of such documents, but rather only outlines of PAGE 8-9: LOCATION OVERVIEW some of the principal provisions contained therein. Neither the Agent nor the Seller shall have any liability whatsoever for the accuracy or completeness of the information contained PAGE 10: ECONOMIC DRIVERS herein or any other written or oral communication or information transmitted or made available or any action taken or decision made by the recipient with respect to the Property. PAGE 11-12: LOCATION MAPS Interested parties are to make their own investigations, projections and conclusions without reliance upon the material contained herein. Seller reserves the right, at its sole and PAGE 13: DEMOGRAPHICS absolute discretion, to withdraw the Property from being marketed for sale at any time and for any reason. Seller and Agent each expressly reserves the right, at their sole and absolute discretion, to reject any and all expressions of interest or offers regarding the Property and/or to terminate discussions with any entity at any time, with or without notice. This offering is made subject to omissions, correction of errors, change of price or other terms, prior sale or withdrawal from the market without notice. Agent is not authorized to make any representations or agreements on behalf of Seller. Seller shall have no legal commitment or obligation to any interested party reviewing the enclosed materials, performing additional investigation and/or making an offer to purchase the Property unless and until a binding written agreement for the purchase of the Property has been fully executed, delivered, and approved by Seller and any conditions to Seller’s obligations hereunder have been satisfied or waived. By taking possession of and reviewing the information contained herein, the recipient agrees that (a) the enclosed materials and their contents are of a highly confidential nature and will be held and treated in the strictest confidence and shall be returned to Agent or Seller promptly upon request; and (b) the recipient shall not contact employees or tenants of the Property directly or indirectly regarding any aspect of the enclosed materials or the Property without the prior written approval of the Seller or Agent; and (c) no portion of the enclosed materials may be copied or otherwise reproduced without the prior written authorization of Seller and Agent. FILE PHOTO
2 Investment overview quiktrip
3230 E Admiral Pl n, tulsa, ok
Lease overview PRICE | CAP: $5,596,154 | 5.50% Primary Lease Term: 15-Years
NET OPERATING INCOME: $307,788 Option Periods: 10, 5-Year Options
BUILDING AREA: 4,840+ Square Feet Rent Commencement: At Closing
LAND AREA: 1.98+ Acres Lease Type: Corporate Absolute NNN
YEAR BUILT: 2019 Rent Increases: See Parenthesis * Annual Rent Yrs 1-15: $307,788 (Current) LANDLORD RESPONSIBILITY: None Option 1 | Yrs 16-20: $321,779 (5.75% CAP) Option 6 | Yrs 41-45: $391,731 (7.00% CAP) OWNERSHIP: Fee Simple Interest Option 2 | Yrs 21-25: $335,769 (6.00% CAP) Option 7 | Yrs 46-50: $405,721 (7.25% CAP) OCCUPANCY: 100% Option 3 | Yrs 26-30: $349,760 (6.25% CAP) Option 8 | Yrs 51-55: $419,712 (7.50% CAP)
Option 4 | Yrs 31-35: $363,750 (6.50% CAP) Option 9 | Yrs 56-60: $433,702 (7.75% CAP)
Option 5 | Yrs 36-40: $377,740 (6.75% CAP) Option 10 | Yrs 61-65: $447,692 (8.00% CAP)
* Cap Rate increases 25 basis points every 5 years at the beginning of each option period
Tenant overview Lessee: QuikTrip Corporation
QUIKTRIP | www.quiktrip.com | Credit Rating: NAIC 2 (Equivalent BBB) QuikTrip Corporation is a privately held company headquartered in Tulsa, Oklahoma that owns and operates gasoline and convenience stores. Founded in 1958, QuikTrip has grown to a more than $11 billion company with 780+ stores across 11 states. Those revenues place QuikTrip high on the Forbes listing of largest privately held companies. QuikTrip Corp. currently holds an NAIC 2 Rating which is the equivalent of a “BBB” rating by Standard & Poor’s. QuikTrip locations feature the company’s own QT brand of gas, as well as brand-name beverages, candy, tobacco and QT’s own Quik’n Tasy and Hotzi lines of sandwiches. With over 20,000 employees, QuikTrip has made Fortune Magazine’s list of “Best Companies to Work For” every year for the last 15 years and received the 38th spot in People Magazine’s “50 Companies That Care.” QuikTrip is consistently ranked as one of the top convenience store marketers in product quality and friendly service, including a top spot on GasBuddy’s Top Rated C-Store list for 2017, and Top Rated Convenience Store Brand in the state of Missouri. It is also ranked 68th on Fortunes 100 best companies to work for in 2017 and 33rd on Forbes List of Private Companies. QuikTrip also gives back to the communities it serves, donating 5% of net profits to qualified 501c3 non-profit agencies, which includes United Way campaign match, support for National Safe Place agencies, Folds of Honor scholarships and many other agencies that support at-risk youth and early childhood education.
3 tenant overview continued quiktrip
3230 E Admiral Pl n, tulsa, ok
QUIKTRIP AWARDS QUIKTRIP IN THE NEWS
• People Companies That Care (#38) BOSTON – Convenience Store News (1/11/2018) - QuikTrip and Wawa came out on top of GasBuddy's • Best Workplaces in Texas 2017 (#15) latest ranking of pit stops. Article Link
• Best Workplaces for Giving Back 2017 (#45) The Top 100 Pit Stops in the United States in 2017 list highlights the best-of-the-best, where drivers can • Best Workplaces for Diversity 2017 (#29) enjoy pleasant customer service, perk themselves up with amazing coffee, use the restroom in peace • Best Work for Women 2017 (#54) and enjoy a perfect pumping experience, according to GasBuddy. • Best Workplaces in Retail 2017 (#2) Users of the GasBuddy mobile app had a say in the list, which honors businesses ranked highly by the GasBuddy community. "Gas stations have evolved through the years to become true destinations. No QUIKTRIP EMPLOYEE SURVEY longer are they just a place to top off the tank, but they provide exceptional experiences for those (2,487 Employees Surveyed on October 5, 2017) looking for a good meal, coffee, and more," said Frank Beard, convenience store and retail trends analyst at GasBuddy. "GasBuddy users have given these gas stations the highest ratings in our app - each one a unique expression of regional flavor.“ QuikTrip made the most appearances on the list • Great Challenges - 92% with 18 locations, followed by Wawa with 14 and Shell with seven. QuikTrip also topped the list • Workplace is Great - 89% as the overall No. 1 with its Oro Valley, Ariz., location. Eighteen gas stations received five-star • Great Atmosphere - 94% ratings, making them the top-rated pit stops in the U.S. • Great Rewards - 94% • Great Pride - 94% HOUSTON – Convenience Store News (6/29/2017) - QuikTrip captured top honors in EnergyPoint Research’s recently completed 2017 Gasoline Retailers Survey, making it the second year in a row that • Great Communication - 96% the Tulsa-based retailer claimed the survey’s best overall rating for customer satisfaction. Article Link • Great Bosses - 94% In addition to winning best overall, QuikTrip took first place in four other top-level categories: service • Proud to Tell Others I Work Here - 94% quality, food and merchandise, ease of transactions, and store facilities. QuikTrip took top honors in a number of regional categories as well. • Management is Honest and Ethical - 89% According to Sheridan, "continued low fuel prices and a strengthening economy should combine to offer • Special and Unique Benefits - 90% attractive conditions for both gasoline retailers and customers over the next 12 to 24 months. In • Able to Take Necessary Time Off Work - 91% particular, retailers that have invested in their facilities, people and programs in recent years can expect today’s customers to reward such efforts." QUIKTRIP KEY NUMBERS The survey, conducted March through May, zeroed in on customer satisfaction with major U.S. gasoline • 81% Company Paid Employee Health Coverage retailers on a variety of factors both nationally and regionally. Thirty-four companies were included in the final rankings. BP, Chevron, Kroger, Marathon, Phillips 66, Sheetz and Stewart's Shops were also • 81% Company Paid Part-Timer Health Coverage among those ranked. Click here for more results. • $4,400 Average Tuition Reimbursement QuikTrip announced earlier this week that it will be expanding in Texas to the San Antonio and • $80,524 Average Store Manager Compensation Austin markets, with the first stores expected to open sometime in summer 2018. The retailer currently operates more than 700 convenience stores in 11 states.
4 Aerial photo quiktrip
3230 E Admiral Pl n, tulsa, ok
Maxwell Park
Utica Utica Ave. (21,000 VPD) Old Dominion Freight Line Harvard Ave. (22,000 VPD) Mabee Red Shield Boys & Girls Club
Owen Elementary School (489 students) McElroy The University of Manufacturing Inc.
Tulsa North Campus (20,000 (20,000 VPD) Valmont Lewis Ave. Former 12-Pump Industries City of Tulsa Facility Surplus Auction
Admiral Pl. (15,000 VPD)
Whittier Square
Historic District I-244 “Crosstown Expy” (67,000 VPD) Yale Ave. (24,000 VPD)
Will Rogers Hardesty Sports & High School Tulsa Rec Complex (692 students) Transit
(4,433 students)
11th St. (19,000 VPD) Hillcrest Office and Medical Center Industrial Park (691 beds)
5 Aerial photo quiktrip
3230 E Admiral Pl n, tulsa, ok
Sequoyah Hills Harvard Ave. (22,000 VPD) Baptist Church
Archer Park Phoenix Rising Alternative Program Archer St.
Former 12-Pump Facility Admiral Pl. (15,000 VPD)
Church of Christ
I-244 “Crosstown Expy.” (67,000 VPD)
Fiesta Apartments (49 units)
6 Site plan quiktrip
3230 E Admiral Pl n, tulsa, ok Harvard Ave. (22,000 VPD)
7 Location overview quiktrip
3230 E Admiral Pl n, tulsa, ok
UNIVERSITY OF TULSA
IMMEDIATE TRADE AREA QuikTrip is strategically located on the northwest corner of Admiral Pl. (15,000 VPD) and Harvard Ave. (22,000 VPD) in Tulsa, OK. The subject property is positioned at a signalized hard corner, allowing it to capture traffic from vehicles exiting off of I-244 “Crosstown Expy.” (67,000 VPD). (The immediate trade area features high population demographics of 86,000 within a 3-mile radius. Directly across I-244 “Crosstown Expy.” (67,000 VPD) is the University of Tulsa (4,433 students), a top 50 private research institution with renowned programs in law, literature, computer science, natural sciences, psychology, and engineering. Other traffic generators within a mile of the site are Will Rogers High School (692 students), Sequoyah Elementary School (597 students), Whittier Square Historic District, and Hardesty Sports & Recreation Complex. QuikTrip is located approximately 3-miles from downtown Tulsa, OK. Notable national credit tenants in the immediate trade area are O’Reilly, AutoZone, Advanced Auto, Walgreen’s, Dollar General, Family Dollar, Sonic, Chick-Fil-A, Einstein Bros. Bagels, Metro PCS, McDonald’s, Arby’s, Papa John’s, Subway, Burger King, Taco Bell, Jimmy Johns and more. TULSA Tulsa is the second-largest city in the state of Oklahoma and the 47th most populous city in the US, with a population of around 403,305 as of 2015. Tulsa is located in northeastern Oklahoma on the Arkansas river. It is the principal municipality of the Tulsa Metropolitan Area, and serves as the county seat of Tulsa county, the most densely populated county in Oklahoma. According to the US Census Bureau, the city has a total area of 186.6 square miles. Once known as the “Oil Capital of the World,” Tulsa remains an important center for the industry, with a diversified economy now embracing other industries such as aerospace, chemicals, computer parts and industrial machinery. Fortune 500 companies such as ONEOK and Williams Companies are headquartered in Tulsa. In addition the area is home to many of the nation’s rental car companies, including Dollar Thrifty Automotive Group. Tulsa is considered to be the economic engine of the area. Tulsa’s major industries are aerospace, including aerospace manufacturing and aviation; health care; energy; machinery and electrical equipment manufacturing; transportation, distribution and logistics. The Tulsa region is home to the 8th best workforce in aerospace, 9th best in Energy, and 18th best in telecommunications. The area also benefits from local tourism events, boasting such attractions as recreational lakes and state parks The city of Tulsa manages 135 parks spread over 6,000 acres. Tulsa River parks is a series of linear parks that run adjacent to Arkansas River about 10 miles from downtown to the Jenks Bridge. Since 2007 a significant portion of the River parks area has been renovated with new trails, landscaping and playground equipment. The River Parks Turkey Mountain Urban Wilderness Area on the west side on the Arkansas River in south Tulsa is a 300-acre area that contains over 45 miles of dirt trails available for hiking, trail running, mountain biking and horseback riding. 8 Location overview Starbucks
3230 E Admiral Pl n, tulsa, ok
TULSA, OK
TULSA MSA / NORTHEASTERN OKLAHOMA The Tulsa Metropolitan Area, officially defined as the Tulsa-Broken Arrow-Owasso Metropolitan Statistical Area is a metropolitan area in northeastern Oklahoma centered around the city of Tulsa and encompassing Tulsa, Rogers, Wagoner, Creek, Okmulgee and Pawnee counties. It has an estimated population of 953,000 and 1.12 million people in the larger combined statistical area as of 2015. As the second largest metropolitan area in Oklahoma and a hub for the growing Northeastern Oklahoma- Northwest Arkansas-Southwestern Missouri corridor, city is also home to a number of the region’s most sophisticated law, accounting and medical practices. Its location in the center of the nation also makes it a hub for logistics businesses; the Tulsa International airport (TUL) and the Tulsa Port of Catoosa, the nation’s most inland seaport, connect the region with international trade and transportation. Colloquially referred to as “Green Country,” Northeast Oklahoma is one of the most populous regions of the state. The area derives its nickname from the heavily-wooded areas amidst the rolling hills and mountains. The second largest city in the state, Tulsa is the economic center of the region. In fact, the term Green Country and Tulsa Metropolitan Area are used interchangeably. The historical population has experienced consistent double-digit growth on average. In 2010 the growth rate was 9.1 percent over the previous 2000 Census report, while 2000 to 1990 resulted in a 12.9 percent increase in population. The region is anchored to the Tulsa MSA, compromising of seven counties: Creek, Okmulgee, Osage, Pawnee, Rogers, Tulsa and Wagoner, whose aggregate population is estimated to be 984,958 or 25.0 percent of the population of the state of Oklahoma. The gross product or value of all goods and services produced in the seven-county MSA is estimated to be $50.9 billion (2010 dollars), or 30.7 percent of the Oklahoma economy. The area consists of a downtown area with mid-level skyscrapers surrounded by dense suburban areas. Several clusters, or groups of companies within industries that buy or sell to each other in the manufacture of goods for export from the area, have disproportionately large concentrations of employment relative to the U.S. concentrations and are positioned to grow within the Tulsa MSA: Aerospace parts manufacturing is three times more concentrated in the Tulsa MSA than in the U.S.; oil and gas production and machinery manufacturing, 7.5 times more concentrated; and pump and compressor manufacturing, 19.6 times more concentrated. The area also benefits from the nations largest inland port. The port plays a vital roll in transporting the areas manufacturing and timber production to international trade routes. Tulsa’s infrastructure for business includes the Port of Catoosa, an inland port that makes bulk shipping to and from coastal ports accessible and economical, and two central networks for broadband interconnect. Plugging Tulsa’s target producing and service sectors into Tulsa’s formidable infrastructure requires a quality work force and Tulsa’s work force is known and paid for its productivity. 9 ECONOMIC DRIVERS quiktrip
3230 E Admiral Pl n, tulsa, ok
UNIVERSITY OF TULSA The University of Tulsa is a top 50 private research university in Tulsa, Oklahoma, United States. The University is renowned for its programs in law, literature, computer science, natural sciences, psychology, and engineering. Its faculty includes scholars, scientists, and writers. In 2004, anthropologist Steadman Upham joined the University as President. Within five years of his arrival, TU saw thirteen major construction projects and renovations on campus, ranging from the construction of the Roxana Rozsa and Robert Eugene Lorton Performance Center to the overhaul of Keplinger Hall, and plans for seven more major projects finalized. The University of Tulsa is stationed on 200 acres, has over 400 faculty members, and over 4,100 students currently enrolled. In 2011, Tulsa’s Collins College of Business was ranked 33rd in the contry among undergraduate University of Tulsa business schools by Bloomberg Businessweek. Tulsa, OK
FORTUNE 500 COMPANIES ONEOK – In ONEOK is a diversified Fortune 500 corporation based in Tulsa, OK that has over 4,000 employees. ONEOK’s Energy Services operation focuses primarily on marketing natural gas and related services throughout the U.S. Energy Services, which derives more than 84 percent of its earnings from the physical marketing business, showed an operating income increase of $26.5 million. The company sponsored the construction of ONEOK Field, the Tulsa Drillers minor league baseball stadium in downtown. Williams Companies – Williams is a Fortune 500 energy infrastructure company focused on connecting North America’s significant hydrocarbon resource plays to growing markets for natural gas and natural gas liquids (NGLs). Williams’ interstate gas pipeline and gathering & processing operations span the United states, including strategic assets in the deep-water Gulf of Mexico, the Rockies, ONEOK Field the Pacific Northwest and the Eastern Seaboard. Williams was founded in 1908 Tulsa, OK and is headquartered in Tulsa with more than 5,000 employees.
10 Location map quiktrip
3230 E Admiral Pl n, tulsa, ok
11 Location map quiktrip
3230 E Admiral Pl n, tulsa, ok
12 Demographics quiktrip
3230 E Admiral Pl n, tulsa, ok
3230 E Admiral Pl 3230 E Admiral Pl 1 mi radius 3 mi radius 5 mi radius 1 mi radius 3 mi radius 5 mi radius Tulsa, OK 74110 Tulsa, OK 74110
2018 Estimated Population 14,684 86,658 182,114 2018 Est. Labor Population Age 16 Years or Over 11,660 67,651 143,954 2023 Projected Population 15,247 89,977 187,208 2018 Est. Civilian Employed 58.3% 60.4% 59.6% 2010 Census Population 14,559 85,362 180,200 2018 Est. Civilian Unemployed 2.8% 2.8% 2.8% 2000 Census Population 15,272 89,412 187,061 2018 Est. in Armed Forces 0.1% - 0.1%
Projected Annual Growth 2018 to 2023 0.8% 0.8% 0.6% 2018 Est. not in Labor Force 38.8% 36.8% 37.5% POPULATION
Historical Annual Growth 2000 to 2018 -0.2% -0.2% -0.1% FORCE LABOR 2018 Labor Force Males 52.0% 49.0% 48.5% 2018 Labor Force Females 48.0% 51.0% 51.5% 2018 Estimated Households 6,168 37,346 80,365 2023 Projected Households 6,582 39,782 84,851 2010 Occupation: Population Age 16 Years or Over 6,811 40,642 85,857 2010 Census Households 5,927 35,690 76,577 2010 Mgmt, Business, & Financial Operations 10.9% 13.2% 14.3% 2000 Census Households 6,082 37,816 80,543 2010 Professional, Related 19.1% 20.7% 21.1%
Projected Annual Growth 2018 to 2023 1.3% 1.3% 1.1% 2010 Service 18.6% 17.7% 17.5% HOUSEHOLDS Historical Annual Growth 2000 to 2018 0.1% -0.1% - 2010 Sales, Office 21.9% 22.8% 24.3% 2010 Farming, Fishing, Forestry 0.2% 0.2% 0.2%
2018 Est. Population Under 10 Years 14.0% 14.5% 13.7% 2010 Construction, Extraction, Maintenance 13.0% 11.3% 9.9% OCCUPATION 2018 Est. Population 10 to 19 Years 14.3% 12.9% 12.3% 2010 Production, Transport, Material Moving 16.3% 14.0% 12.8% 2018 Est. Population 20 to 29 Years 22.1% 16.3% 15.5% 2010 White Collar Workers 51.9% 56.7% 59.7% 2018 Est. Population 30 to 44 Years 19.7% 19.9% 19.3% 2010 Blue Collar Workers 48.1% 43.3% 40.3%
AGE 2018 Est. Population 45 to 59 Years 16.5% 18.3% 18.5% 2018 Est. Population 60 to 74 Years 10.0% 12.6% 14.1% 2010 Drive to Work Alone 77.5% 79.5% 79.9% 2018 Est. Population 75 Years or Over 3.4% 5.4% 6.6% 2010 Drive to Work in Carpool 10.7% 11.1% 10.8% 2018 Est. Median Age 30.0 33.8 35.7 2010 Travel to Work by Public Transportation 1.0% 1.0% 1.0% 2010 Drive to Work on Motorcycle 0.1% 0.2% 0.2% 2018 Est. Male Population 51.7% 49.5% 49.1% 2010 Walk or Bicycle to Work 4.6% 2.3% 2.0% 2018 Est. Female Population 48.3% 50.5% 50.9% WORK TO 2010 Other Means 1.7% 1.6% 1.5%
2018 Est. Never Married 47.4% 39.4% 37.5% TRANSPORTATION 2010 Work at Home 4.4% 4.4% 4.7% 2018 Est. Now Married 27.2% 33.5% 34.5%
& GENDER& 2018 Est. Separated or Divorced 21.4% 21.6% 21.9% 2010 Travel to Work in 14 Minutes or Less 37.1% 38.7% 38.3%
MARITAL STATUS STATUS MARITAL 2018 Est. Widowed 4.0% 5.4% 6.0% 2010 Travel to Work in 15 to 29 Minutes 41.1% 42.9% 44.2% 2010 Travel to Work in 30 to 59 Minutes 12.3% 11.0% 10.3% 2018 Est. HH Income $200,000 or More 1.4% 3.8% 4.6% 2010 Travel to Work in 60 Minutes or More 2.4% 2.4% 2.5%
2018 Est. HH Income $150,000 to $199,999 1.0% 2.7% 3.2% TIME TRAVEL 2010 Average Travel Time to Work 16.4 16.2 16.1 2018 Est. HH Income $100,000 to $149,999 5.4% 7.4% 8.1% 2018 Est. HH Income $75,000 to $99,999 6.4% 8.4% 8.8% 2018 Est. Total Household Expenditure $244 M $1.85 B $4.14 B 2018 Est. HH Income $50,000 to $74,999 17.0% 16.8% 17.1% 2018 Est. Apparel $8.42 M $64.2 M $144 M 2018 Est. HH Income $35,000 to $49,999 16.0% 15.5% 14.9% 2018 Est. Contributions, Gifts $14.6 M $123 M $280 M
2018 Est. HH Income $25,000 to $34,999 14.0% 12.9% 12.4% 2018 Est. Education, Reading $8.44 M $70.1 M $160 M INCOME 2018 Est. HH Income $15,000 to $24,999 15.8% 14.1% 13.5% 2018 Est. Entertainment $13.3 M $102 M $230 M 2018 Est. HH Income Under $15,000 23.0% 18.3% 17.5% 2018 Est. Food, Beverages, Tobacco $39.0 M $287 M $639 M 2018 Est. Average Household Income $42,979 $61,791 $65,430 2018 Est. Furnishings, Equipment $7.77 M $61.5 M $139 M 2018 Est. Median Household Income $33,000 $44,815 $47,734 2018 Est. Health Care, Insurance $22.6 M $166 M $370 M 2018 Est. Per Capita Income $18,279 $26,895 $29,214 2018 Est. Household Operations, Shelter, Utilities $76.2 M $577 M $1.29 B
2018 Est. Miscellaneous Expenses $3.73 M $27.7 M $61.8 M CONSUMEREXPENDITURE 2018 Est. Total Businesses 350 6,701 12,501 2018 Est. Personal Care $3.18 M $24.0 M $53.7 M 2018 Est. Total Employees 3,520 84,842 160,650 2018 Est. Transportation $46.6 M $348 M $775 M 13