First Elevation

4.6★★★★★(151 reviews)

5940 East 21st St, Indianapolis, IN 46219

Indianapolis, United States

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Address
City: Indianapolis
Neighborhood: Eastside
State: Indiana
Postal Code: 46219
Country: United States
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Business facts

Estimated annual revenue~$404.3K
Estimated employees~2
In business since2021 (est.)
Estimate based on strong signals

Contacts

Area statistics (46219)

Population38,681
Median household income$53,727
Source: US Census ACS

About

First Elevation is located in Indianapolis. This business is working in the following industry: Appliance Store.

🍽️
Dining Options
Delivery
Wheelchair Accessible
Parking, Yes
Categories: Appliance Store.
ISIC Codes: 4759.

Market analysis

Earning below its category median in a growing category (Appliance Store).

EstimateCategory trend: 2021, +8.7%

Revenue trend (modeled)

~$286.3K2019
~$289.5K2020
~$328.1K2021
~$363.6K2022
~$384.2K2023
~$404.3K2024
Modeled from category averages for the region+7.1%/yr since 201980% confidence band: ±68%

Property

Lot size0.22 acres
Land use420
CountyMarion
On this lotshared with 3 other businesses
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Appliance Store in Indiana773~$2.1B~$2.8M~$986.9K4.2★0.4×
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure35 chains expanding in this category, led by American Rental, Mattress, Garden Center (+1,259 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)77~$102.1M~$1.3M~$390.1K415~$36.7M1.0×
Wholesale and retail trade; repair of motor vehicles and motorcycles16~$39.4M~$2.5M65

1 km area (all businesses): median from the 60 of 77 businesses with estimates

Estimate

Area conditions (46219)

Population38,681 ±2,013
Median household income$53,727 ±$4,122
Median home value$151,300
Bachelor's degree or higher0.3%
Unemployment rate0.1%
Source: US Census ACS
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