Contech Engineered
7037 Ridge Rd #350, Hanover, MD 21076
Hanover, Maryland, United States
Address
City: Hanover
Neighborhood: Stoney Run
State: Maryland
Postal Code: 21076
Country: United States
Business facts
Estimated annual revenue~$5.7M
Estimated employees~12
Estimated wage bill~$1.3M
In business since2013
Estimate based on strong signals
Contacts
Area statistics (21076)
Population22,041
Median household income$137,237
Source: US Census ACS
About
Contech Engineered is located in Hanover, Maryland, and was founded in 2013. This business is working in the following industry: Building Materials Store. Annual sales for Contech Engineered are around < $1.0M.
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning above its category median in a stable category (Building Materials Store).
EstimateCategory trend: 2024, +1.5%
Revenue trend (modeled)
~$4.3M2019
~$5.0M2020
~$5.5M2021
~$5.8M2022
~$5.6M2023
~$5.7M2024
Modeled from official industry statistics+5.9%/yr since 201980% confidence band: ±42%
Property
Lot size19 acres
ZoningW1
CountyAnne_arundel
Assessed value$241.0
On this lotshared with 5 other businesses
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Building Materials Store in Maryland | 267 | ~$1.7B | ~$6.5M | ~$1.9M | 4.3★ | 3.0× |
Category revenue trend2024: +1.5%2023: +1.2%2022: +7.7%2021: +7.7%Modeled from business-level estimates
Chain pressure33 chains expanding in this category, led by Pro Desk at The Home Depot, Ace Hardware, Budget Blinds (+179 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 | ~$103.2M | ~$4.1M | ~$1.5M | 330 | ~$44.7M | 3.7× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 3 | ~$15.2M | ~$5.1M | — | 26 | — | — |
1 km area (all businesses): median from the 18 of 25 businesses with estimates
Estimate
Area conditions (21076)
Population22,041 ±1,730
Median household income$137,237 ±$8,279
Median home value$472,900
Bachelor's degree or higher0.5%
Unemployment rate0.0%
Source: US Census ACS