Connected Development
1001 Winstead Dr STE 130, Cary, NC 27513
Cary, North Carolina, United States
Address
City: Cary
Neighborhood: Wessex
State: North Carolina
Postal Code: 27513
Country: United States
Business facts
Estimated annual revenue~$10.9M
Estimated employees~32
Estimated wage bill~$3.1M
In business since2010
Estimate based on strong signals
Contacts
President
Area statistics (27513)
Population47,195
Median household income$116,669
Source: US Census ACS
About
Connected Development is located in Cary, North Carolina, and was founded in 2010. This business is working in the following industry: Design Engineer. Annual sales for Connected Development are around < $500.0K.
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Credit Cards
American Express, Debit Card, Discover, Mastercard, Visa
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning above its category median in a growing category (Design Engineer).
EstimateCategory trend: 2024, +7.0%
Revenue trend (modeled)
~$7.0M2019
~$7.2M2020
~$7.7M2021
~$9.0M2022
~$9.9M2023
~$10.9M2024
Modeled from official industry statistics+9.4%/yr since 201980% confidence band: ±42%
Company profile
Legal formLimited liability company (LLC)
Incorporated2010 (NV)
Employees (reported band)14-17
Observed
Property
Lot size10 acres
Land useCOM
CountyWake
Parcel ownerBRI 1879 WESTON I LLC
Land value$5.1M
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Design Engineer in North Carolina | 100 | ~$253.2M | ~$2.6M | ~$839.5K | 5.0★ | 13× |
Category revenue trend2024: +7.0%2023: +7.5%2022: +9.0%2021: +5.2%Modeled from business-level estimates
Chain pressure55 chains expanding in this category, led by KKA Architecture, WithersRavenel, ECS Carolinas LLP (+108 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) | 118 | ~$561.5M | ~$4.8M | ~$954.2K | 1,141 | ~$146.7M | 11× |
| Professional, scientific and technical activities | 21 | ~$83.7M | ~$4.0M | — | 276 | — | — |
1 km area (all businesses): median from the 86 of 118 businesses with estimates
Estimate
Area conditions (27513)
Population47,195 ±2,125
Median household income$116,669 ±$7,650
Median home value$432,500
Bachelor's degree or higher0.7%
Unemployment rate0.0%
Source: US Census ACS