CloudRex
1135 Kildaire Farm Rd #309, Cary, NC 27511
Cary, North Carolina, United States
Address
City: Cary
Neighborhood: Farmington Woods
State: North Carolina
Postal Code: 27511
Country: United States
Business facts
Estimated annual revenue~$1.3M
Estimated employees~4
In business since2023 (est.)
Estimate based on strong signals
Area statistics (27511)
Population32,880
Median household income$98,474
Source: US Census ACS
About
CloudRex is located in Cary, North Carolina. This business is working in the following industry: Software Company.
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning around its category median in a growing category (Software Company).
EstimateCategory trend: 2021, +8.7%
Revenue trend (modeled)
~$1.0M2019
~$959.4K2020
~$1.0M2021
~$1.1M2022
~$1.2M2023
~$1.3M2024
Modeled from category averages for the region+4.5%/yr since 201980% confidence band: ±68%
Property
Lot size2.17 acres
Land useCOM
CountyWake
Parcel ownerPALM PARK INC
Land value$1.2M
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Software Company in North Carolina | 2,533 | ~$14.0B | ~$5.6M | ~$1.4M | 5.0★ | 0.9× |
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure46 chains expanding in this category, led by Walmart Connection Center, Metro by T-Mobile, YP (+1,969 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) | 945 | ~$1.2B | ~$1.2M | ~$475.1K | 4,783 | ~$468.1M | 2.7× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 84 | ~$295.3M | ~$3.5M | — | 441 | — | — |
1 km area (all businesses): median from the 800 of 945 businesses with estimates
Estimate
Area conditions (27511)
Population32,880 ±1,655
Median household income$98,474 ±$5,281
Median home value$373,200
Bachelor's degree or higher0.6%
Unemployment rate0.0%
Source: US Census ACS