Optimal source
Frenchmen St, New Orleans, LA 70116
New Orleans, Louisiana, United States
Address
City: New Orleans
State: Louisiana
Postal Code: 70116
Country: United States
Business facts
Estimated annual revenue~$447.4K
Estimated employees~4
Estimate based on moderate signals
Area statistics (70116)
Population10,482
Median household income$43,226
Source: US Census ACS
About
Optimal source is located in New Orleans, Louisiana. This business is working in the following industry: Eye Care Center.
🚻
Restroom
Yes
♿
Wheelchair Accessible
Parking, Restroom, Yes
Market analysis
Earning below its category median in a growing category (Eye Care Center).
EstimateCategory trend: 2024, +6.5%
Revenue trend (modeled)
~$328.1K2019
~$335.3K2020
~$368.0K2021
~$392.5K2022
~$419.5K2023
~$447.4K2024
Modeled from category averages for the region+6.4%/yr since 201980% confidence band: ±59%
Property
Lot size3,714 sq ft
CountyOrleans
Parcel ownerPATTERSON CHRISTOPHER J
Land value$161.3K
On this lotshared with 2 other businesses
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Eye Care Center in Louisiana | 400 | ~$460.3M | ~$1.2M | ~$735.4K | 4.7★ | 0.6× |
Category revenue trend2024: +6.5%2023: +6.7%2022: +6.5%2021: +9.3%Modeled from business-level estimates
Chain pressure280 chains expanding in this category, led by Mary Byars, MTS, LHC Group (+8,904 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) | 622 | ~$744.8M | ~$1.2M | ~$558.1K | 3,255 | ~$232.2M | 0.8× |
| Human health and social work activities | 30 | ~$39.1M | ~$1.3M | — | 157 | — | — |
1 km area (all businesses): median from the 560 of 622 businesses with estimates
Estimate
Area conditions (70116)
Population10,482 ±849
Median household income$43,226 ±$4,191
Median home value$391,800
Bachelor's degree or higher0.5%
Unemployment rate0.1%
Source: US Census ACS