Auditory Sciences

5.0★★★★★(2 reviews)

South water Professional Building, 205 Water St S, Northfield, MN 55057

Northfield, Minnesota, United States

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Hours
10:00 AM – 5:00 PM
Monday - Wednesday10:00 AM – 5:00 PM
Thursday10:00 AM – 7:00 PM
Friday - Saturday10:00 AM – 5:00 PM
Sunday12:00 PM – 4:00 PM
Address
City: Northfield
State: Minnesota
Postal Code: 55057
Country: United States

Business facts

Estimated annual revenue~$254.5K
Estimated employees~2
In business since2009
Estimate based on strong signals

Contacts

Area statistics (55057)

Population25,307
Median household income$90,066
Source: US Census ACS

About

Auditory Sciences, a subsidiary of SpeechGear, Inc., is dedicated to creating communication products for individuals with disabilities. Their Interact-AS product suite provides instant transcription of conversations and other forms of speech, benefiting the Hard-of-Hearing and Deaf communities. The Interact-Voice product line helps individuals who have lost the ability to speak. Founded in 2010, Auditory Sciences is fulfilling a century-old dream of enabling direct communication for individuals with communication disabilities. To learn more about their products, visit www.auditorysciences.com or contact info@auditorysciences.com.

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Price
$$
Wheelchair Accessible
Parking, Yes
Categories: Transcription Service, Deaf Church, Deaf Service, Translation Service, Hearing Aid Store, Speech therapists.
ISIC Codes: 4772, 7490, 8219, 8690, 9491.

Market analysis

Earning around its category median in a stable category (Transcription Service).

EstimateCategory trend: 2024, +0.5%

Revenue trend (modeled)

~$283.4K2019
~$279.0K2020
~$262.2K2021
~$276.0K2022
~$263.1K2023
~$254.5K2024
Modeled from official industry statistics-2.1%/yr since 201980% confidence band: ±42%

Company profile

Incorporated2009 (MN)
Employees (reported band)9-17
Facility size~14,000 sq ft
Observed

Property

CountyRice
Last sale$800.0K (1467158400000)
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Transcription Service in Minnesota27~$8.1M~$370.2K~$257.6K5.0★1.0×

Transcription Service in Minnesota: revenue figures from the 22 of 27 businesses with estimates

Category revenue trend2024: +0.5%2023: -1.4%2022: +5.7%2021: +5.9%Modeled from business-level estimates
Chain pressure8 chains expanding in this category, led by Tyler J. Fox, MD, CVS Photo, OfficeMax Print & Copy Services (+2,555 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)634~$630.8M~$994.9K~$411.9K2,756~$207.8M0.6×
Wholesale and retail trade; repair of motor vehicles and motorcycles139~$267.9M~$1.9M561
Human health and social work activities87~$51.5M~$591.4K300
Other service activities66~$28.0M~$424.6K225
Professional, scientific and technical activities42~$72.6M~$1.7M152
Administrative and support service activities10~$9.2M~$923.1K33

1 km area (all businesses): median from the 540 of 634 businesses with estimates

Estimate

Area conditions (55057)

Population25,307 ±386
Median household income$90,066 ±$6,582
Median home value$314,800
Bachelor's degree or higher0.5%
Unemployment rate0.1%
Source: US Census ACS
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