Shift Technology
101 Arch St 16th Floor Suite 1601, Boston, MA 02110
Boston, Massachusetts, United States
Address
City: Boston
Neighborhood: South Boston Waterfront
State: Massachusetts
Postal Code: 02110
Country: United States
Business facts
Estimated annual revenue~$3.7M
Estimated employees~7
Estimated wage bill~$1.1M
In business since2021 (est.)
Estimate based on strong signals
Area statistics (02110)
Population2,337
Median household income$126,157
Source: US Census ACS
About
Shift Technology is located in Boston, Massachusetts. 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)
~$2.3M2019
~$2.6M2020
~$3.0M2021
~$3.3M2022
~$3.5M2023
~$3.7M2024
Modeled from category averages for the region+9.5%/yr since 201980% confidence band: ±68%
Property
Lot size0.73 acres
Land use348
CountySuffolk
Parcel ownerCLPF-101 ARCH LP
Assessed value$162.9M (land $38.2M)
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Software Company in Massachusetts | 3,246 | ~$27.8B | ~$8.6M | ~$1.6M | 5.0★ | 2.3× |
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure28 chains expanding in this category, led by Metro by T-Mobile, Miro Inc, Metropcs (+503 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) | 2,832 | ~$15.5B | ~$5.5M | ~$1.7M | 30,118 | ~$4.4B | 2.2× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 404 | ~$4.6B | ~$11.4M | — | 4,992 | — | — |
1 km area (all businesses): median from the 2,191 of 2,832 businesses with estimates
Estimate
Area conditions (02110)
Population2,337 ±499
Median household income$126,157 ±$31,104
Median home value$1,162,200
Bachelor's degree or higher0.8%
Unemployment rate0.1%
Source: US Census ACS