Panoptimization
200 Innovation Blvd suite 212, State College, PA 16803
State College, Pennsylvania, United States
Address
City: State College
Neighborhood: Houserville
State: Pennsylvania
Postal Code: 16803
Country: United States
Business facts
Estimated annual revenue~$1.6M
Estimated employees~5
Estimated wage bill~$407.7K
Estimate based on moderate signals
Area statistics (16803)
Population23,964
Median household income$65,224
Source: US Census ACS
About
Panoptimization is located in State College, Pennsylvania. This business is working in the following industry: Software Company.
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning above its category median in a growing category (Software Company).
EstimateCategory trend: 2021, +8.7%
Revenue trend (modeled)
~$1.0M2019
~$1.2M2020
~$1.3M2021
~$1.4M2022
~$1.5M2023
~$1.6M2024
Modeled from category averages for the region+9.9%/yr since 201980% confidence band: ±68%
Property
Lot size0.95 acres
CountyCentre
On this lotshared with 9,471 other businesses
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Software Company in Pennsylvania | 2,959 | ~$18.0B | ~$6.1M | ~$1.3M | 5.0★ | 1.3× |
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure50 chains expanding in this category, led by Boost Mobile, T-Mobile, Walmart Electronics (+1,767 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) | 86 | ~$263.1M | ~$3.1M | ~$1.5M | 852 | ~$103.9M | 1.0× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 8 | ~$76.3M | ~$9.5M | — | 60 | — | — |
1 km area (all businesses): median from the 55 of 86 businesses with estimates
Estimate
Area conditions (16803)
Population23,964 ±1,081
Median household income$65,224 ±$5,667
Median home value$386,400
Bachelor's degree or higher0.7%
Unemployment rate0.1%
Source: US Census ACS