Address
City: Agawam
State: Massachusetts
Postal Code: 01001
Country: United States
Business facts
Estimated annual revenue~$2.6M
Estimated employees~5
Annual payroll (2020)~$363.7K
In business since1986
Based on reported payroll data
Contacts
Area statistics (01001)
Population16,045
Median household income$73,398
Source: US Census ACS
About
Array Software is located in Agawam, Massachusetts, and was founded in 1986. This business is working in the following industry: Software Company.
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning above its category median in a growing category (Software Company).
EstimateCategory trend: 2021, +8.7%
Revenue trend (modeled)
~$1.9M2019
~$1.9M2020
~$2.1M2021
~$2.4M2022
~$2.5M2023
~$2.6M2024
Modeled from category averages for the region+7.0%/yr since 201980% confidence band: ±68%
Property
Lot size0.93 acres
Land use3420
ZoningBR
CountyHampden
Parcel ownerPUFFIN HOLDINGS LLC
Assessed value$689.8K (land $132.0K)
ObservedPublic assessor / cadastre record
Federal support (SBA)
PPP loan (2020)$75.8K · 5 jobs reported · implies ~$363.7K annual payroll · $76.3K forgiven
ObservedSource: US SBA public records
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Software Company in Massachusetts | 3,246 | ~$27.8B | ~$8.6M | ~$1.6M | 5.0★ | 1.6× |
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure28 chains expanding in this category, led by Metro by T-Mobile, Miro Inc, Metropcs (+503 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) | 84 | ~$81.6M | ~$971.7K | ~$512.8K | 382 | ~$30.8M | 5.1× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 28 | ~$46.5M | ~$1.7M | — | 121 | — | — |
1 km area (all businesses): median from the 70 of 84 businesses with estimates
Estimate
Area conditions (01001)
Population16,045 ±946
Median household income$73,398 ±$7,097
Median home value$257,700
Bachelor's degree or higher0.4%
Unemployment rate0.1%
Source: US Census ACS