Method Test Prep
15 Blacksmith Ln, East Northport, NY 11731
East Northport, New York, United States
Address
City: East Northport
Neighborhood: Vanderbilt
State: New York
Postal Code: 11731
Country: United States
Business facts
Estimated annual revenue~$1.4M
Estimated employees~6
In business since2019
Estimate based on strong signals
Contacts
tutor
tutor
owner
tutor
tutor
tutor
tutor
tutor
tutor
student
Area statistics (11731)
Population30,714
Median household income$151,291
Source: US Census ACS
About
Method Learning is a local ACT and SAT prep company that offers a range of services including private and small group tutoring, prep classes, and practice exams for the ACT and SAT. In addition, the company provides subject tutoring for all grades.
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Wheelchair Accessible
Parking
Market analysis
Earning above its category median in a growing category (Tutoring Service).
EstimateCategory trend: 2024, +7.6%
Revenue trend (modeled)
~$975.3K2019
~$761.4K2020
~$978.0K2021
~$1.2M2022
~$1.3M2023
~$1.4M2024
Modeled from official industry statistics+6.8%/yr since 201980% confidence band: ±42%
Property
Lot size0.98 acres
Land use210
CountySuffolk
Parcel ownerJOHN T EHLERS
On this lotshared with 1 other businesses
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Tutoring Service in New York | 2,400 | ~$2.2B | ~$907.9K | ~$578.5K | 5.0★ | 2.3× |
Category revenue trend2024: +7.6%2023: +10.1%2022: +15.2%2021: +14.1%Modeled from business-level estimates
Chain pressure82 chains expanding in this category, led by P.s. X188, Arc Auto School, Mathnasium (+1,398 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) | 15 | ~$21.5M | ~$1.4M | ~$1.2M | 70 | ~$7.0M | 1.1× |
| Education | 3 | ~$10.5M | ~$3.5M | — | 38 | — | — |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 1 | ~$1.1M | ~$1.1M | — | 1 | — | — |
1 km area (all businesses): median from the 10 of 15 businesses with estimates
Estimate
Area conditions (11731)
Population30,714 ±2,046
Median household income$151,291 ±$6,928
Median home value$603,200
Bachelor's degree or higher0.5%
Unemployment rate0.0%
Source: US Census ACS