Address
City: Troy
Neighborhood: Big Beaver
State: Michigan
Postal Code: 48084
Country: United States
Business facts
Estimated annual revenue~$1.9M
Estimated employees~5
Estimated wage bill~$502.5K
Estimate based on strong signals
Area statistics (48084)
Population15,571
Median household income$106,250
Source: US Census ACS
About
Systems Solution Engineering is located in Troy, Michigan. This business is working in the following industry: Engineer.
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning above its category median in a growing category (Engineer).
EstimateCategory trend: 2024, +7.0%
Revenue trend (modeled)
~$1.7M2019
~$1.7M2020
~$1.8M2021
~$1.8M2022
~$1.9M2023
~$1.9M2024
Modeled from official industry statistics+2.0%/yr since 201980% confidence band: ±42%
Property
Lot size0.95 acres
CountyOakland
Assessed value$468.4K
On this lotshared with 4 other businesses
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Engineer in Michigan | 696 | ~$2.9B | ~$4.2M | ~$1.4M | 4.7★ | 1.4× |
Category revenue trend2024: +7.0%2023: +7.5%2022: +9.0%2021: +5.2%Modeled from business-level estimates
Chain pressure38 chains expanding in this category, led by Fishbeck, Spicer Group, DLZ (+91 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) | 204 | ~$1.2B | ~$5.7M | ~$992.8K | 1,778 | ~$190.1M | 1.9× |
| Professional, scientific and technical activities | 28 | ~$106.0M | ~$3.8M | — | 236 | — | — |
1 km area (all businesses): median from the 171 of 204 businesses with estimates
Estimate
Area conditions (48084)
Population15,571 ±1,119
Median household income$106,250 ±$7,179
Median home value$395,400
Bachelor's degree or higher0.7%
Unemployment rate0.0%
Source: US Census ACS