Address
City: Alpena
State: Michigan
Postal Code: 49707
Country: United States
Business facts
Estimated annual revenue~$2.0M
Estimated employees~7
Estimated wage bill~$465.3K
In business since2025 (est.)
Estimate based on moderate signals
Area statistics (49707)
Population22,009
Median household income$48,094
Source: US Census ACS
About
Panel Processing is located in Alpena, Michigan. This business is working in the following industry: Warehouse.
♿
Wheelchair Accessible
Parking
Market analysis
Earning below its category median in a growing category (Warehouse).
EstimateCategory trend: 2024, +9.2%
Revenue trend (modeled)
~$1.1M2019
~$1.3M2020
~$1.5M2021
~$1.7M2022
~$1.8M2023
~$2.0M2024
Modeled from official industry statistics+12.9%/yr since 201980% confidence band: ±51%
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Warehouse in Michigan | 1,288 | ~$6.8B | ~$5.3M | ~$2.4M | 4.3★ | 0.8× |
Category revenue trend2024: +9.2%2023: +4.2%2022: +15.2%2021: +18.7%Modeled from business-level estimates
Chain pressure60 chains expanding in this category, led by Record Nations, Uhaul, National Storage (+777 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) | 38 | ~$216.2M | ~$5.7M | ~$806.9K | 246 | ~$27.7M | 2.4× |
| Transportation and storage | 1 | ~$4.4M | ~$4.4M | — | 7 | — | — |
1 km area (all businesses): median from the 30 of 38 businesses with estimates
Estimate
Area conditions (49707)
Population22,009 ±376
Median household income$48,094 ±$2,483
Median home value$125,800
Bachelor's degree or higher0.2%
Unemployment rate0.1%
Source: US Census ACS