03/18/2026
WHY ELY for my food/coffee/retail business?
Ely is a RAPIDLY growing community with a VERY small business presence, especially compared to our neighboring communities. The data in these charts demonstrate two very significant features:
1) A tremendous proportional customer base
2) Very little competition for business
This data simply compares population, median income, and the number of places in each town where you can buy prepared food (including restaurants, bars, and gas stations).
For instance, Ely currently has nearly TEN TIMES as many dollars to spend at our local food providers than do Solon, Mt Vernon, and Anamosa, based on the number of options available.
The citizens of Ely are hungry for options (literally and figuratively)!
Important to note: The Ely growth rate figure is an expected rate, based on the several hundred homes that are slated to be built in the next few years. These developments are on track to begin soon.