10+ Costco Statistics, Data, And Trends For 2024

To provide a comprehensive overview, let me share the most crucial Costco statistics you should be aware of right away. 🏢💳

Costco Statistics: The Key Numbers

  • Costco had 127.9 million members and 71 million paid members as of 2024. 
  • As of July 2024, Costco has 871 locations worldwide, including 600 in the United States and 271 abroad.
  • Costco’s membership program has a renewal rate of 92.7% in the US.
  • Costco’s customer satisfaction rating rose to 82 in 2023, from 81 in 2022.
  • The average Costco shopper spends slightly more than $100 per visit and makes 30 trips per year, totaling approximately $3,000 per year.
  • Costco revenue rose 8.23% to $235.442B in the year ending May 31, 2023.
  • Costco accounts for 55.5% of the wholesale club market.
  • 21% of Costco customers return within three days.
  • Costco leads the way with 55.5% of wholesale customers walking through its doors in August, followed by Walmart-owned Sam’s Clubs at 36.2% and BJ’s Wholesale at 8.3%.
  • During the company’s fiscal year 2022, each Costco warehouse made $245 million in sales, up from $217 million in fiscal 2021.

Sources: (Costco, Retail Touch Points, Vator, Yahoo, Macro Trends, Cliffs Notes, Fox Business, Wall Street Zen.)

Costco Demographics

Costco’s shoppers come from all sorts of backgrounds, with a mix of ages and slightly more women than men. Here’s a quick look at who shops at Costco:

Gender

  • Male: 46.30%
  • Female: 53.70%

Age:

  • 18-29 years: 28%
  • 30-49 years: 26%
  • 50-64 years: 16%
Grocery shopping at Costco in the United States as of March 2024, by age

Source: Statista, Similarweb

Costco Membership Worldwide Numbers

Costco’s membership has been on the rise for years, showing just how popular it’s getting worldwide. Check out the growth in paid members over time:

YearNumber of paid members (in millions)
201442
201544.6
201647.6
201749.4
201851.6
201953.9
202058.1
202161.7
202265.8
202371

Source: Costco Annual Report Via Statista

Type of Costco Membership Worldwide (2023)

Costco has different membership types, each with its own perks. Here’s a breakdown of the most popular memberships worldwide:

Number of Costco memberships worldwide in 2023, by type
  • Gold Star: 58.8
  • Household cards: 56.9
  • Business, including affiliate: 12.2

Source: Costco Annual Report 2023

Costco Revenue (2011-2023)

Costco’s revenue has been on the rise, showing how strong they are in the market. Here’s a look at their yearly growth:

YearAnnual Revenue (Millions of US $)
2023$242,290
2022$226,954
2021$195,929
2020$166,761
2019$152,703
2018$141,576
2017$129,025
2016$118,719
2015$116,199
2014$112,640
2013$105,156
2012$99,137
2011$88,915
2010$77,946
2009$71,422

Source: Macrotrends

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