Answer Prayers

1869 Chapman Ave, Cleveland, OH 44112

Cleveland, Ohio, United States

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Business facts

Estimated annual revenue~$532.7K
Estimated employees~5
Estimate based on moderate signals

Area statistics (44112)

Population18,679
Median household income$29,382
Source: US Census ACS

About

Answer Prayers is located in Cleveland, Ohio. This business is working in the following industry: Assisted Living Facility.

Wheelchair Accessible
Parking
Categories: Assisted Living Facility, Foster Care Service, Home Health Care Service.
ISIC Codes: 8690, 8730, 8890.

Market analysis

Earning below its category median in a growing category (Assisted Living Facility).

EstimateCategory trend: 2024, +7.2%

Revenue trend (modeled)

~$411.6K2019
~$424.8K2020
~$411.2K2021
~$420.8K2022
~$476.4K2023
~$532.7K2024
Modeled from official industry statistics+5.3%/yr since 201980% confidence band: ±42%

Property

Lot size7,457 sq ft
CountyCuyahoga
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Assisted Living Facility in Ohio1,200~$4.4B~$3.7M~$2.1M4.3★0.3×
Category revenue trend2024: +7.2%2023: +9.0%2022: +9.4%2021: -0.4%Modeled from business-level estimates
Chain pressure85 chains expanding in this category, led by The Glen, Kirby Manor, Kavita Shah, MD (+15,684 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)75~$61.7M~$823.0K~$423.4K290~$21.8M1.3×
Human health and social work activities3~$4.7M~$1.6M22

1 km area (all businesses): median from the 51 of 75 businesses with estimates

Estimate

Area conditions (44112)

Population18,679 ±1,050
Median household income$29,382 ±$3,706
Median home value$75,800
Bachelor's degree or higher0.2%
Unemployment rate0.2%
Source: US Census ACS
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