Scholar Tutorials

5.0★★★★★(10 reviews)

124 Little Falls Rd 2nd floor suite 201, Fairfield, NJ 07004

Fairfield, New Jersey, United States

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Business facts

Estimated annual revenue~$226.2K
Estimated employees~4
Estimate based on strong signals

Area statistics (07004)

Population7,723
Median household income$110,703
Source: US Census ACS

About

Scholar Tutorials is located in Fairfield, New Jersey. At this location, Scholar Tutorials employs approximately 5 people. This business is working in the following industry: Tutoring Service. Annual sales for Scholar Tutorials are around $500.0K – $1.0M.

Wheelchair Accessible
Parking, Yes
Categories: Tutoring Service.
ISIC Codes: 8549.

Market analysis

Earning around its category median in a growing category (Tutoring Service).

EstimateCategory trend: 2024, +7.6%

Revenue trend (modeled)

~$199.7K2019
~$160.3K2020
~$164.9K2021
~$194.1K2022
~$216.7K2023
~$226.2K2024
Modeled from official industry statistics+2.5%/yr since 201980% confidence band: ±42%

Property

Lot size13 acres
Land use4A
CountyEssex
Land value$4.2M
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Tutoring Service in New Jersey1,282~$550.8M~$429.6K~$254.0K5.0★0.9×
Category revenue trend2024: +7.6%2023: +10.1%2022: +15.2%2021: +14.1%Modeled from business-level estimates
Chain pressure39 chains expanding in this category, led by Mathnasium, Kumon Math And Reading, Club Z! In-Home Tutoring (+1,079 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)213~$1.2B~$5.5M~$1.3M2,146~$266.7M0.2×
Education6~$4.8M~$803.6K70

1 km area (all businesses): median from the 153 of 213 businesses with estimates

Estimate

Area conditions (07004)

Population7,723 ±293
Median household income$110,703 ±$32,219
Median home value$621,400
Bachelor's degree or higher0.5%
Unemployment rate0.1%
Source: US Census ACS
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