Paramify
2701 North Thanksgiving Way, Lehi, UT #100, 2701 N Thanksgiving Way, Lehi, UT 84043
Lehi, Utah, United States
Address
City: Lehi
Neighborhood: Carterville
State: Utah
Postal Code: 84043
Country: United States
Business facts
Estimated annual revenue~$2.5M
Estimated employees~7
Estimated wage bill~$629.0K
In business since2023 (est.)
Estimate based on strong signals
Area statistics (84043)
Population77,551
Median household income$117,071
Source: US Census ACS
About
Paramify is located in Lehi, Utah. 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)
~$1.8M2019
~$1.9M2020
~$2.1M2021
~$2.3M2022
~$2.4M2023
~$2.5M2024
Modeled from category averages for the region+7.0%/yr since 201980% confidence band: ±68%
Property
Lot size4.91 acres
CountyUtah
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Software Company in Utah | 1,747 | ~$13.3B | ~$7.7M | ~$1.7M | 4.9★ | 1.5× |
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure22 chains expanding in this category, led by At&t, Metro by T-Mobile, Alert Cellular (+564 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) | 309 | ~$1.4B | ~$4.5M | ~$868.1K | 2,504 | ~$324.5M | 2.9× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 65 | ~$828.1M | ~$12.7M | — | 892 | — | — |
1 km area (all businesses): median from the 290 of 309 businesses with estimates
Estimate
Area conditions (84043)
Population77,551 ±191
Median household income$117,071 ±$4,441
Median home value$499,700
Bachelor's degree or higher0.5%
Unemployment rate0.0%
Source: US Census ACS