Address
City: Chicago
Neighborhood: Edison Park
State: Illinois
Postal Code: 60631
Country: United States
Business facts
Estimated annual revenue~$1.2M
Estimated employees~5
Estimate based on moderate signals
Contacts
Area statistics (60631)
Population30,418
Median household income$112,974
Source: US Census ACS
About
SipScience is located in Chicago, Illinois. This business is working in the following industry: Software Company.
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning around its category median in a growing category (Software Company).
EstimateCategory trend: 2021, +8.7%
Revenue trend (modeled)
~$856.1K2019
~$889.3K2020
~$1.0M2021
~$1.1M2022
~$1.2M2023
~$1.2M2024
Modeled from category averages for the region+7.9%/yr since 201980% confidence band: ±68%
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Software Company in Illinois | 3,908 | ~$20.1B | ~$5.2M | ~$1.2M | 5.0★ | 1.0× |
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure43 chains expanding in this category, led by Metro by T-Mobile, Metro, Walmart Electronics (+1,929 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) | 347 | ~$507.0M | ~$1.5M | ~$569.0K | 1,829 | ~$144.3M | 2.2× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 53 | ~$215.8M | ~$4.1M | — | 275 | — | — |
1 km area (all businesses): median from the 302 of 347 businesses with estimates
Estimate
Area conditions (60631)
Population30,418 ±1,687
Median household income$112,974 ±$8,444
Median home value$407,400
Bachelor's degree or higher0.5%
Unemployment rate0.0%
Source: US Census ACS