Goodwill

4.3★★★★☆(340 reviews)

5520 Council St NE, Cedar Rapids, IA 52402

Cedar Rapids, Iowa, United States

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Business facts

Estimated annual revenue~$1.0M
Estimated employees~34
Estimated wage bill~$777.0K
Estimate based on strong signals

Contacts

Area statistics (52402)

Population42,648
Median household income$71,048
Source: US Census ACS

About

Goodwill is a long-standing nonprofit chain that serves as a standby for secondhand goods, offering a range of pre-owned clothing, furniture, housewares, and more.

🚲
Bike Parking
Yes
💳
Credit Cards
American Express, Debit Card, Discover, Mastercard, Visa, Yes
🍽️
Dining Options
Delivery
🏳️‍🌈
LGBTQ Friendly
Yes
🎖️
Military Discount
Yes
🅿️
Parking
Street Parking, Parking Lot, Private Lot, Yes
🐾
Pet-friendly
No
💰
Price
$
Wheelchair Accessible
Parking, Yes
Categories: Thrift Store, Non-Profit Organization, Donations Center.
ISIC Codes: 4774, 8890, 9499.

Market analysis

Earning above its category median in a growing category (Thrift Store).

EstimateCategory trend: 2021, +19.0%

Revenue trend (modeled)

~$692.3K2019
~$719.3K2020
~$784.9K2021
~$951.9K2022
~$1.0M2023
~$1.0M2024
Modeled from official industry statistics+8.3%/yr since 201980% confidence band: ±42%

Company profile

Employees (reported band)15-16
Observed

Property

Lot size3.30 acres
CountyLinn
On this lotshared with 2 other businesses
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Thrift Store in Iowa411~$346.0M~$843.9K~$284.4K4.4★3.6×
Category revenue trend2021: +19.0%2020: -8.4%2019: +6.5%Modeled from business-level estimates
Chain pressure12 chains expanding in this category, led by Clemens Auction, Goodwill, Many Hands Thrift Market (+55 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)236~$810.8M~$3.4M~$663.2K2,575~$222.1M1.6×
Wholesale and retail trade; repair of motor vehicles and motorcycles70~$619.2M~$8.8M1,179
Human health and social work activities36~$52.4M~$1.5M340
Other service activities30~$10.0M~$334.4K88

1 km area (all businesses): median from the 193 of 236 businesses with estimates

Estimate

Area conditions (52402)

Population42,648 ±1,560
Median household income$71,048 ±$3,426
Median home value$175,100
Bachelor's degree or higher0.4%
Unemployment rate0.0%
Source: US Census ACS
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