Steele Apiaries

4.8★★★★★(64 reviews)

400 W Beacon Light Rd, Eagle, ID 83616

Eagle, Idaho, United States

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Hours
Closed on Saturday
Weekdays8:00 AM – 6:00 PM
WeekendsClosed
Address
City: Eagle
Neighborhood: Northwest
State: Idaho
Postal Code: 83616
Country: United States

Business facts

Estimated annual revenue~$4.1M
Estimated employees~5
Estimated wage bill~$200.8K
In business since1980
Estimate based on strong signals

Contacts

Business Owner

Area statistics (83616)

Population33,860
Median household income$114,021
Source: US Census ACS

About

Steele Apiaries, run by Shaun and Kris Steele, has been in the honey business for over 30 years, with a family tradition of beekeeping spanning four generations. With over 3,000 hives that travel throughout the Pacific Northwest, the apiary produces natural honey and beeswax, which is sold for $2.50 per pound. In addition to their honey and beeswax products, Steele Apiaries also offers bee rental services for orchard pollination and sells bee packages to support local hobbyists.

🚲
Bike Parking
Yes
🍴
Catering
No
💳
Credit Cards
No
🍽️
Dining Options
Take-out
💰
Price
$$
Wheelchair Accessible
Parking, Yes
Categories: Honey Farm.
ISIC Codes: 4630.

Market analysis

Earning above its category median in a growing category (Honey Farm).

EstimateCategory trend: 2024, +4.6%

Revenue trend (modeled)

~$3.0M2019
~$2.9M2020
~$3.1M2021
~$4.3M2022
~$4.0M2023
~$4.1M2024
Modeled from official industry statistics+6.4%/yr since 201980% confidence band: ±42%

Property

Lot size5.07 acres
CountyAda
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Honey Farm in Idaho29~$127.8M~$4.4M~$2.2M4.9★1.9×
Category revenue trend2024: +4.6%2023: +7.0%2022: +9.3%2021: +7.1%Modeled from business-level estimates
Chain pressure16 chains expanding in this category, led by idfg.idaho.gov, cyrusramsey.com, glacierwater.com (+60 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)7~$12.8M~$1.8M~$752.9K25~$1.8M5.4×
Wholesale and retail trade; repair of motor vehicles and motorcycles3~$9.0M~$3.0M10

1 km area (all businesses): median from the 6 of 7 businesses with estimates

Estimate

Area conditions (83616)

Population33,860 ±709
Median household income$114,021 ±$6,560
Median home value$652,300
Bachelor's degree or higher0.5%
Unemployment rate0.0%
Source: US Census ACS
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