Connected Development

5020 Weston Parkway

Cary, North Carolina, United States

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Address
City: Cary
Neighborhood: Wessex
State: North Carolina
Postal Code: 27513
Country: United States

Business facts

Estimated annual revenue~$4.1M
Estimated employees~9
Estimated wage bill~$958.4K
In business since2007
Estimate based on strong signals

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 2007. This business is working in the following industry: Business Management Consultant.

Wheelchair Accessible
Yes
Categories: Business Management Consultant.
ISIC Codes: 7020.

Market analysis

Earning above its category median in a growing category (Business Management Consultant).

EstimateCategory trend: 2024, +3.8%

Revenue trend (modeled)

~$2.6M2019
~$2.7M2020
~$3.3M2021
~$4.0M2022
~$4.1M2023
~$4.1M2024
Modeled from official industry statistics+9.9%/yr since 201980% confidence band: ±42%

Property

Lot size5.46 acres
Land useCOM
CountyWake
Parcel ownerBRI 1879 WESTON II LLC
Land value$2.8M
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Business Management Consultant in North Carolina2,031~$3.5B~$1.8M~$628.3K5.0★6.5×
Category revenue trend2024: +3.8%2023: +4.6%2022: +13.1%2021: +12.8%Modeled from business-level estimates
Chain pressure17 chains expanding in this category, led by Verizon Business Services, Nick Whitney - EOS Implementer, Sbtdc (+80 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)21~$509.7M~$24.3M~$1.3M822~$102.6M3.2×
Professional, scientific and technical activities4~$53.4M~$13.4M454

1 km area (all businesses): median from the 19 of 21 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
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