Address
City: Lexington
Neighborhood: Woodhaven
State: Massachusetts
Postal Code: 02421
Country: United States
Business facts
Estimated annual revenue~$4.6M
Estimated employees~5
Annual payroll (2020)~$639.1K
In business since1999
Based on reported payroll data
Contacts
Registered Agent
Area statistics (02421)
Population17,865
Median household income$200,294
Source: US Census ACS
About
Data Method is located in Lexington, Massachusetts, and was founded in 1999. This business is working in the following industry: Software Company. Annual sales for Data Method are around < $500.0K.
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning above its category median in a growing category (Software Company).
EstimateCategory trend: 2021, +8.7%
Revenue trend (modeled)
~$2.8M2019
~$3.2M2020
~$3.7M2021
~$4.1M2022
~$4.4M2023
~$4.6M2024
Modeled from category averages for the region+10.5%/yr since 201980% confidence band: ±68%
Company profile
Legal formTrade name (DBA) (out-of-state)
Incorporated1999 (MA)
Employees (reported band)8-17
Observed
Property
Lot size7.11 acres
Land use970S
ZoningGC
CountyMiddlesex
Parcel ownerLEXINGTON HOUSING ASSISTANCE BOARD INC
Assessed value$1.4M (land $1.0M)
ObservedPublic assessor / cadastre record
Federal support (SBA)
PPP loan (2020)$133.2K · 6 jobs reported · implies ~$639.1K annual payroll · $134.3K forgiven
ObservedSource: US SBA public records
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Software Company in Massachusetts | 3,246 | ~$27.8B | ~$8.6M | ~$1.6M | 5.0★ | 2.9× |
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure28 chains expanding in this category, led by Metro by T-Mobile, Miro Inc, Metropcs (+503 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) | 32 | ~$68.1M | ~$2.1M | ~$809.0K | 214 | ~$23.5M | 5.7× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 4 | ~$8.3M | ~$2.1M | — | 14 | — | — |
1 km area (all businesses): median from the 28 of 32 businesses with estimates
Estimate
Area conditions (02421)
Population17,865 ±856
Median household income$200,294 ±$27,832
Median home value$1,086,500
Bachelor's degree or higher0.8%
Unemployment rate0.0%
Source: US Census ACS