Business facts
Estimated annual revenue~$540.5K
Estimated employees~2
In business since2023 (est.)
Estimate based on strong signals
Area statistics (07719)
Population21,994
Median household income$116,116
Source: US Census ACS
About
Backstep Threads is located in Belmar, New Jersey. This business is working in the following industry: Embroidery Service.
♿
Wheelchair Accessible
Parking
Market analysis
Earning around its category median in a growing category (Embroidery Service).
EstimateCategory trend: 2021, +16.0%
Revenue trend (modeled)
~$401.3K2019
~$363.6K2020
~$438.7K2021
~$486.1K2022
~$513.6K2023
~$540.5K2024
Modeled from category averages for the region+6.1%/yr since 201980% confidence band: ±68%
Property
Lot size7,501 sq ft
Land use2
CountyMonmouth
Land value$600.0K
Last sale$1.0 (221213)
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Embroidery Service in New Jersey | 291 | ~$267.4M | ~$965.3K | ~$598.9K | 4.8★ | 0.9× |
Category revenue trend2021: +16.0%2020: +0.1%2019: -0.6%Modeled from business-level estimates
Chain pressure3 chains expanding in this category, led by Ethel Sews, Printwear NJ, Embroidery Place (+83 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) | 598 | ~$633.6M | ~$1.1M | ~$507.4K | 2,951 | ~$219.9M | 1.1× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 103 | ~$143.6M | ~$1.4M | — | 316 | — | — |
1 km area (all businesses): median from the 509 of 598 businesses with estimates
Estimate
Area conditions (07719)
Population21,994 ±1,089
Median household income$116,116 ±$11,397
Median home value$589,600
Bachelor's degree or higher0.5%
Unemployment rate0.0%
Source: US Census ACS