Experimental Method
702 12th Ave SW, Austin, MN 55912
Austin, Minnesota, United States
Address
City: Austin
State: Minnesota
Postal Code: 55912
Country: United States
Business facts
Estimated employees~2
Estimated wage bill~$69.8K
In business since2025 (est.)
Estimate based on moderate signals
Area statistics (55912)
Population29,316
Median household income$63,467
Source: US Census ACS
About
Experimental Method is located in Austin, Minnesota. This business is working in the following industry: Alternative medicine.
Market analysis
Property
Lot size3,443 sq ft
CountyMower
Parcel ownerCorkill Mark & Kimberly
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | |
|---|---|---|---|---|---|
| Alternative medicine in Minnesota | 5,496 | ~$2.2B | ~$392.2K | ~$279.2K | 5.0★ |
Category revenue trend2024: +6.5%2023: +6.7%2022: +6.5%2021: +9.3%Modeled from business-level estimates
Chain pressure455 chains expanding in this category, led by Alex Loch, Kagan Alla, Rachel D (+17,984 locations since 2016)
Estimate
Immediate area (1 km)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | |
|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 17 | ~$16.8M | ~$987.4K | ~$288.9K | 182 | ~$10.6M |
| Human health and social work activities | 3 | ~$13.6M | ~$4.5M | — | 142 | — |
| Public administration and defence; compulsory social security | 2 | — | — | — | 6 | — |
| Arts, entertainment and recreation | 2 | ~$1.3M | ~$627.9K | — | 8 | — |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 1 | ~$649.7K | ~$649.7K | — | 1 | — |
1 km area (all businesses): median from the 10 of 17 businesses with estimates
Estimate
Area conditions (55912)
Population29,316 ±208
Median household income$63,467 ±$3,368
Median home value$146,400
Bachelor's degree or higher0.2%
Unemployment rate0.0%
Source: US Census ACS