Patch Reef 1

Unnamed Road, Summerland Key, FL 33042

Summerland Key, Florida, United States

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Address
City: Summerland Key
Neighborhood: New Town
State: Florida
Postal Code: 33042
Country: United States
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Business facts

Estimated annual revenue~$792.9K
Estimated employees~3
Estimate based on moderate signals

Area statistics (33042)

Population6,990
Median household income$104,325
Source: US Census ACS

About

Patch Reef 1 is located in Summerland Key, Florida. This business is working in the following industry: Public parks.

Categories: Public parks.
ISIC Codes: 9329.

Market analysis

Earning around its category median in a growing category (Public parks).

EstimateCategory trend: 2024, +7.1%

Revenue trend (modeled)

~$523.5K2019
~$490.2K2020
~$578.1K2021
~$649.9K2022
~$726.3K2023
~$792.9K2024
Modeled from official industry statistics+8.7%/yr since 201980% confidence band: ±51%

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Public parks in Florida10,196~$9.1B~$898.4K~$748.6K4.5★1.1×
Category revenue trend2024: +7.1%2023: +10.4%2022: +15.8%2021: +17.1%Modeled from business-level estimates
Chain pressure441 chains expanding in this category, led by Dog park, Oak Park, Lake Park (+5,467 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)1~$1.8M~$1.8M3~$521.9K
Arts, entertainment and recreation1~$1.8M~$1.8M3
Estimate

Area conditions (33042)

Population6,990 ±649
Median household income$104,325 ±$11,034
Median home value$703,100
Bachelor's degree or higher0.4%
Unemployment rate0.0%
Source: US Census ACS
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