Techware Solution

9153 W Oaks Ave, Des Plaines, IL 60016

Des Plaines, Illinois, United States

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Address
City: Des Plaines
State: Illinois
Postal Code: 60016
Country: United States

Business facts

Estimated annual revenue~$601.0K
Estimated employees~2
Estimate based on moderate signals

Area statistics (60016)

Population61,988
Median household income$80,116
Source: US Census ACS

About

Techware Solution is located in Des Plaines, Illinois. This business is working in the following industry: Software Company.

Wheelchair Accessible
Parking
Categories: Software Company.
ISIC Codes: 4741.

Market analysis

Earning below its category median in a growing category (Software Company).

EstimateCategory trend: 2021, +8.7%

Revenue trend (modeled)

~$411.8K2019
~$427.8K2020
~$487.8K2021
~$540.5K2022
~$571.1K2023
~$601.0K2024
Modeled from category averages for the region+7.9%/yr since 201980% confidence band: ±68%

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Software Company in Illinois3,908~$20.1B~$5.2M~$1.2M5.0★0.5×
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)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)191~$219.1M~$1.1M~$533.6K1,019~$82.0M1.1×
Wholesale and retail trade; repair of motor vehicles and motorcycles12~$26.7M~$2.2M45

1 km area (all businesses): median from the 169 of 191 businesses with estimates

Estimate

Area conditions (60016)

Population61,988 ±1,554
Median household income$80,116 ±$5,298
Median home value$285,800
Bachelor's degree or higher0.4%
Unemployment rate0.1%
Source: US Census ACS
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