Classical Development
1649 Great Plain Ave, Needham, MA 02492
Needham, Massachusetts, United States
Address
City: Needham
Neighborhood: Needham Junction
State: Massachusetts
Postal Code: 02492
Country: United States
Business facts
Estimated annual revenue~$761.1K
Estimated employees~1
Estimate based on moderate signals
Area statistics (02492)
Population21,192
Median household income$207,844
Source: US Census ACS
About
Classical Development is located in Needham, Massachusetts. This business is working in the following industry: Piano Instructor.
🍽️
Dining Options
Delivery
👶
Good For Kids
Yes
Market analysis
Earning above its category median in a growing category (Piano Instructor).
EstimateCategory trend: 2024, +7.6%
Revenue trend (modeled)
~$543.6K2019
~$492.3K2020
~$580.3K2021
~$660.3K2022
~$777.6K2023
~$761.1K2024
Modeled from official industry statistics+7.0%/yr since 201980% confidence band: ±42%
Property
Lot size0.58 acres
Land use101
ZoningSRB
CountyNorfolk
Parcel ownerROCKETT, AMY M.
Assessed value$1.2M (land $738.7K)
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Piano Instructor in Massachusetts | 263 | ~$169.6M | ~$644.7K | ~$527.9K | 5.0★ | 1.4× |
Category revenue trend2024: +7.6%2023: +10.1%2022: +15.2%2021: +14.1%Modeled from business-level estimates
Chain pressure21 chains expanding in this category, led by Department of Music, School of Rock, Old Colony Music Together (+125 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) | 25 | ~$40.5M | ~$1.6M | ~$602.9K | 114 | ~$12.6M | 1.3× |
| Education | 2 | ~$4.9M | ~$2.4M | — | 15 | — | — |
1 km area (all businesses): median from the 23 of 25 businesses with estimates
Estimate
Area conditions (02492)
Population21,192 ±707
Median household income$207,844 ±$13,583
Median home value$1,122,000
Bachelor's degree or higher0.8%
Unemployment rate0.1%
Source: US Census ACS