Address
City: Newark
State: New Jersey
Postal Code: 07105
Country: United States
Business facts
Estimated annual revenue~$508.1K
Estimated employees~4
Estimated wage bill~$162.0K
Category average for this area
Area statistics (07105)
Population56,696
Median household income$51,927
Source: US Census ACS
About
Bensteff25 is located in Newark, New Jersey. This business is working in the following industry: Business Center.
Market analysis
Earning below its category median in a growing category (Business Center).
EstimateCategory trend: 2024, +5.0%
Revenue trend (modeled)
~$526.3K2019
~$491.0K2020
~$557.7K2021
~$596.0K2022
~$484.2K2023
~$508.1K2024
Modeled from official industry statistics-0.7%/yr since 201980% confidence band: ±42%
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Business Center in New Jersey | 1,079 | ~$1.4B | ~$1.4M | ~$929.7K | 4.4★ | 0.5× |
Business Center in New Jersey: revenue figures from the 986 of 1,079 businesses with estimates
Category revenue trend2024: +5.0%2023: +6.0%2022: +12.2%2021: +5.9%Modeled from business-level estimates
Chain pressure1 chains expanding in this category, led by Woodhull House (+6 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) | 378 | ~$667.5M | ~$1.8M | ~$615.3K | 2,106 | ~$206.5M | 0.8× |
| Administrative and support service activities | 12 | ~$25.6M | ~$2.1M | — | 53 | — | — |
1 km area (all businesses): median from the 307 of 378 businesses with estimates
Estimate
Area conditions (07105)
Population56,696 ±2,112
Median household income$51,927 ±$2,964
Median home value$430,000
Bachelor's degree or higher0.1%
Unemployment rate0.1%
Source: US Census ACS