Address
City: Troy
Neighborhood: Big Beaver
State: Michigan
Postal Code: 48085
Country: United States
Business facts
Estimated annual revenue~$2.0M
Estimated employees~3
Annual payroll (2021)~$427.7K
Based on reported payroll data
Area statistics (48085)
Population27,514
Median household income$137,222
Source: US Census ACS
About
MicroCODE is located in Troy, Michigan. This business is working in the following industry: Computer Service.
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning above its category median in a growing category (Computer Service).
EstimateCategory trend: 2024, +6.7%
Revenue trend (modeled)
~$2.3M2019
~$2.3M2020
~$2.2M2021
~$2.2M2022
~$2.1M2023
~$2.0M2024
Modeled from official industry statistics-3.2%/yr since 201980% confidence band: ±42%
Property
Lot size8.95 acres
CountyOakland
Assessed value$9.7M
On this lotshared with 94 other businesses
ObservedPublic assessor / cadastre record
Federal support (SBA)
PPP loan (2020)$102.3K · 7 jobs reported · implies ~$491.0K annual payroll · $103.6K forgiven
Second PPP loan (2021)$89.1K · 6 jobs reported · $90.1K forgiven
Receiving a second draw required certifying a ≥25% revenue drop in a 2020 quarter.
ObservedSource: US SBA public records
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Computer Service in Michigan | 832 | ~$2.1B | ~$2.6M | ~$1.4M | 4.9★ | 1.4× |
Category revenue trend2024: +6.7%2023: +4.4%2022: +5.4%2021: +14.2%Modeled from business-level estimates
Chain pressure11 chains expanding in this category, led by Walmart Tech Services, Xfinity Store by Comcast, uBreakiFix - Phone and Computer Repair (+857 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) | 77 | ~$77.1M | ~$1.0M | ~$532.3K | 375 | ~$30.2M | 3.7× |
| Information and communication | 1 | ~$2.0M | ~$2.0M | — | 3 | — | — |
1 km area (all businesses): median from the 56 of 77 businesses with estimates
Estimate
Area conditions (48085)
Population27,514 ±1,188
Median household income$137,222 ±$8,674
Median home value$368,600
Bachelor's degree or higher0.6%
Unemployment rate0.0%
Source: US Census ACS