Market Segmentation Flashcards

1
Q

US population

A

320 million (distribution is even over 80 years, so 10 years has 40 million people and each year has 4 million)

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2
Q

American life expectancy

A

80 years

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3
Q

NYC population

A

9 million (metro population is 20 million)

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4
Q

US households

A

100 million

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5
Q

Persons per household

A

2.5 to 3 (pick whatever is easier with the numbers)

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6
Q

GDP

A

15T

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7
Q

Average HH income

A

$50K

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8
Q

GDP per capita

A

$50K

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9
Q

Los Angeles population

A

4 million (13 million in metro area)

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10
Q

Chicago

A

2.5 million (10 million metro area)

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11
Q

Average “other” city

A

500 k (0.5 million) and 3-6 million in the metro area

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