Micro Tech Electronics
1038 Hoyt Ave, Ridgefield, NJ 07657
Ridgefield, New Jersey, United States
Address
City: Ridgefield
Neighborhood: Undercliff Junction
State: New Jersey
Postal Code: 07657
Country: United States
Business facts
Estimated annual revenue~$887.2K
Estimated employees~3
In business since2001
Estimate based on strong signals
Area statistics (07657)
Population11,465
Median household income$105,609
Source: US Census ACS
About
Micro Tech Electronics is a leading provider of high-reliability board assembly services, offering the use of top-quality materials and competitive pricing. Whether for prototype or production, the company specializes in customized soldering and specialized cabling to meet the most rigorous standards.
Market analysis
Earning around its category median in a growing category (Electronics Store).
EstimateCategory trend: 2021, +8.7%
Revenue trend (modeled)
~$617.1K2019
~$605.6K2020
~$720.1K2021
~$797.9K2022
~$843.0K2023
~$887.2K2024
Modeled from category averages for the region+7.5%/yr since 201980% confidence band: ±68%
Company profile
Incorporated2002 (NJ)
Employees (reported band)8-17
Observed
Property
Lot size12 acres
Land use4B
CountyBergen
Land value$3.9M
On this lotshared with 298 other businesses
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Electronics Store in New Jersey | 1,842 | ~$2.7B | ~$1.6M | ~$799.6K | 4.2★ | 1.1× |
Electronics Store in New Jersey: revenue figures from the 1,692 of 1,842 businesses with estimates
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure46 chains expanding in this category, led by Boost City, Invalid, At&T (+869 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) | 287 | ~$523.8M | ~$1.8M | ~$872.3K | 1,529 | ~$140.6M | 1.0× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 78 | ~$274.5M | ~$3.5M | — | 394 | — | — |
1 km area (all businesses): median from the 235 of 287 businesses with estimates
Estimate
Area conditions (07657)
Population11,465 ±67
Median household income$105,609 ±$9,033
Median home value$556,000
Bachelor's degree or higher0.5%
Unemployment rate0.1%
Source: US Census ACS