3 Danforth Ln

5.0★★★★★(1 review)

3 Danforth Ln, Rocky Hill, CT 06067

Rocky Hill, Connecticut, United States

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Address
City: Rocky Hill
Neighborhood: Goodrich Heights
State: Connecticut
Postal Code: 06067
Country: United States
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Business facts

Estimated annual revenue~$946.7K
Estimated employees~3
Estimated wage bill~$207.2K
In business since2023 (est.)
Estimate based on strong signals

Area statistics (06067)

Population20,705
Median household income$96,773
Source: US Census ACS

About

3 Danforth Ln is located in Rocky Hill, Connecticut. This business is working in the following industry: Condominium Complex.

Wheelchair Accessible
Parking
Categories: Condominium Complex.
ISIC Codes: 6820.

Market analysis

Earning above its category median in a stable category (Condominium Complex).

EstimateCategory trend: 2024, +1.9%

Revenue trend (modeled)

~$658.4K2019
~$663.8K2020
~$765.1K2021
~$825.8K2022
~$916.2K2023
~$946.7K2024
Modeled from official industry statistics+7.5%/yr since 201980% confidence band: ±51%

Property

Lot size7.14 acres
ZoningR-20
CountyCapitol_planning_region
Parcel ownerFAIRWAYS EDGE ASSOC INC
On this lotshared with 2 other businesses
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Condominium Complex in Connecticut797~$538.4M~$675.5K~$613.9K4.0★1.5×
Category revenue trend2024: +1.9%2023: -8.8%2022: +6.6%2021: +18.6%Modeled from business-level estimates
Chain pressure125 chains expanding in this category, led by KD Kling, Ken Fried, Cynthia Dul (+847 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)39~$49.4M~$1.3M~$588.9K135~$13.2M1.6×
Real estate activities7~$17.8M~$2.5M33

1 km area (all businesses): median from the 30 of 39 businesses with estimates

Estimate

Area conditions (06067)

Population20,705 ±45
Median household income$96,773 ±$6,201
Median home value$320,400
Bachelor's degree or higher0.5%
Unemployment rate0.0%
Source: US Census ACS
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