Allocortech

440 N Commerce Ave, Waynesboro, VA 22980

Waynesboro, Virginia, United States

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Hours
8:00 AM – 6:00 PM
Weekdays8:00 AM – 6:00 PM
WeekendsClosed
Address
City: Waynesboro
State: Virginia
Postal Code: 22980
Country: United States
Social Media

Business facts

Estimated annual revenue~$722.4K
Estimated employees~4
Estimated wage bill~$329.5K
Estimate based on strong signals

Area statistics (22980)

Population32,133
Median household income$60,428
Source: US Census ACS

About

Allocortech is located in Waynesboro, Virginia. This business is working in the following industry: Electronics Company.

Wheelchair Accessible
Parking, Yes
Categories: Electronics Company, Computer hardware manufacturer, Aerospace Company, Software Company, Automation Company, Manufacture of computers and peripheral equipment.
ISIC Codes: 2620, 4321, 4741, 7010, 7110.

Market analysis

Earning above its category median in a growing category (Electronics Company).

EstimateCategory trend: 2024, +11.7%

Revenue trend (modeled)

~$496.5K2019
~$519.5K2020
~$536.5K2021
~$606.4K2022
~$655.3K2023
~$722.4K2024
Modeled from official industry statistics+7.8%/yr since 201980% confidence band: ±51%

Property

Lot size2,809 sq ft
CountyWaynesboro_city
On this lotshared with 2 other businesses
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Electronics Company in Virginia56~$63.7M~$1.1M~$553.9K4.8★1.3×
Category revenue trend2024: +11.7%2023: +3.5%2022: +8.7%2021: +7.8%Modeled from business-level estimates
Chain pressure29 chains expanding in this category, led by Quarles Fuels, Solers, CSRA Inc. (+3,576 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)49~$54.1M~$1.1M~$344.5K202~$15.5M2.1×
Wholesale and retail trade; repair of motor vehicles and motorcycles8~$26.1M~$3.3M69
Construction5~$5.7M~$1.1M13
Professional, scientific and technical activities3~$4.4M~$1.5M9

1 km area (all businesses): median from the 43 of 49 businesses with estimates

Estimate

Area conditions (22980)

Population32,133 ±962
Median household income$60,428 ±$4,723
Median home value$249,600
Bachelor's degree or higher0.3%
Unemployment rate0.0%
Source: US Census ACS
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