Address
City: Draper
Neighborhood: Greenfield Farms
State: Utah
Postal Code: 84020
Country: United States
Business facts
Estimated annual revenue~$1.3M
Estimated employees~5
In business since2023 (est.)
Estimate based on strong signals
Area statistics (84020)
Population50,635
Median household income$126,041
Source: US Census ACS
About
Sourceed is located in Draper, Utah. This business is working in the following industry: Software Company.
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning below its category median in a growing category (Software Company).
EstimateCategory trend: 2021, +8.7%
Revenue trend (modeled)
~$1.1M2019
~$866.9K2020
~$1.0M2021
~$1.1M2022
~$1.2M2023
~$1.3M2024
Modeled from category averages for the region+2.3%/yr since 201980% confidence band: ±68%
Property
Lot size13 acres
CountySalt_lake
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★ | 0.8× |
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) | 456 | ~$1.2B | ~$2.7M | ~$676.7K | 3,972 | ~$276.6M | 1.9× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 113 | ~$677.0M | ~$6.0M | — | 995 | — | — |
1 km area (all businesses): median from the 406 of 456 businesses with estimates
Estimate
Area conditions (84020)
Population50,635 ±54
Median household income$126,041 ±$3,923
Median home value$663,400
Bachelor's degree or higher0.5%
Unemployment rate0.0%
Source: US Census ACS