Map Telcom
250 Monroe Ave NW, Grand Rapids, MI 49503
Grand Rapids, Michigan, United States
Address
City: Grand Rapids
Neighborhood: Medical Mile
State: Michigan
Postal Code: 49503
Country: United States
Business facts
Estimated annual revenue~$6.7M
Estimated employees~4
Estimated wage bill~$547.0K
In business since2010
Estimate based on moderate signals
Contacts
Finance Executive
Area statistics (49503)
Population37,471
Median household income$58,165
Source: US Census ACS
About
Map Telcom is located in Grand Rapids, Michigan, and was founded in 2010. At this location, Map Telcom employs approximately 5 people. This business is working in the following industry: Telecommunications Service Provider.
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning above its category median in a stable category (Telecommunications Service Provider).
EstimateCategory trend: 2024, -0.6%
Revenue trend (modeled)
~$5.4M2019
~$6.5M2020
~$6.6M2021
~$6.6M2022
~$6.7M2023
~$6.7M2024
Modeled from category averages for the region+4.5%/yr since 201980% confidence band: ±59%
Property
Lot size0.93 acres
Land use207
CountyKent
Parcel ownerCWD 250 MONROE LLC
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Telecommunications Service Provider in Michigan | 1,334 | ~$3.4B | ~$2.5M | ~$603.2K | 4.3★ | 11× |
Category revenue trend2024: -0.6%2023: +1.5%2022: +0.9%2021: -0.1%Modeled from business-level estimates
Chain pressure7 chains expanding in this category, led by Ameritech, Verizon Business Services, Verizon Business Services (+132 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) | 3,458 | ~$10.3B | ~$3.0M | ~$1.6M | 29,040 | ~$4.6B | 4.2× |
| Information and communication | 43 | ~$592.4M | ~$13.8M | — | 384 | — | — |
1 km area (all businesses): median from the 2,783 of 3,458 businesses with estimates
Estimate
Area conditions (49503)
Population37,471 ±1,775
Median household income$58,165 ±$3,932
Median home value$204,000
Bachelor's degree or higher0.4%
Unemployment rate0.1%
Source: US Census ACS