Address
City: New Ulm
State: Minnesota
Postal Code: 56073
Country: United States
Business facts
Estimated annual revenue~$113.8K
Estimated employees~1
Estimate based on strong signals
Area statistics (56073)
Population17,418
Median household income$67,047
Source: US Census ACS
About
Array Services is located in New Ulm, Minnesota. This business is working in the following industry: DJ Service.
Market analysis
Earning around its category median in a growing category (DJ Service).
EstimateCategory trend: 2024, +2.2%
Revenue trend (modeled)
~$101.6K2019
~$65.8K2020
~$72.0K2021
~$103.0K2022
~$110.8K2023
~$113.8K2024
Modeled from official industry statistics+2.3%/yr since 201980% confidence band: ±51%
Property
Lot size0.44 acres
Zoning0101
CountyBrown
Parcel ownerCHARLES & MELINDA NORWAY
Last sale$242.5K (09/18/2020)
On this lotshared with 1 other businesses
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| DJ Service in Minnesota | 271 | ~$59.7M | ~$220.9K | ~$102.6K | 5.0★ | 1.1× |
Category revenue trend2024: +2.2%2023: +12.2%2022: +37.0%2021: +19.0%Modeled from business-level estimates
Chain pressure12 chains expanding in this category, led by Nelson Customs, Gem Days, Turf Club (+154 locations since 2016)
Revenue trajectory vs benchmarks (indexed, 2019 = 100)
Estimate
Immediate area (1 km)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 4 | ~$1.8M | ~$439.9K | — | 6 | ~$427.6K | — |
| Arts, entertainment and recreation | 2 | ~$369.2K | ~$184.6K | — | 3 | — | — |
Estimate
Area conditions (56073)
Population17,418 ±306
Median household income$67,047 ±$5,102
Median home value$184,400
Bachelor's degree or higher0.3%
Unemployment rate0.0%
Source: US Census ACS