Address
City: Rockford
Neighborhood: Rolling Green
State: Illinois
Postal Code: 61108
Country: United States
Business facts
Estimated annual revenue~$1.2M
Estimated employees~4
Estimated wage bill~$248.5K
Estimate based on moderate signals
Area statistics (61108)
Population29,673
Median household income$59,783
Source: US Census ACS
About
Thread Engineers is located in Rockford, Illinois. This business is working in the following industry: Engineer.
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning below its category median in a growing category (Engineer).
EstimateCategory trend: 2024, +7.0%
Revenue trend (modeled)
~$1.0M2019
~$1.0M2020
~$1.0M2021
~$1.1M2022
~$1.2M2023
~$1.2M2024
Modeled from official industry statistics+4.1%/yr since 201980% confidence band: ±42%
Property
Lot size9.20 acres
CountyWinnebago
On this lotshared with 64 other businesses
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Engineer in Illinois | 634 | ~$3.9B | ~$6.2M | ~$2.1M | 5.0★ | 0.6× |
Category revenue trend2024: +7.0%2023: +7.5%2022: +9.0%2021: +5.2%Modeled from business-level estimates
Chain pressure39 chains expanding in this category, led by Siemens, Imeg, Crawford, Murphy & Tilly (+68 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) | 107 | ~$134.4M | ~$1.3M | ~$524.6K | 745 | ~$46.0M | 2.4× |
| Professional, scientific and technical activities | 8 | ~$12.5M | ~$1.6M | — | 20 | — | — |
1 km area (all businesses): median from the 93 of 107 businesses with estimates
Estimate
Area conditions (61108)
Population29,673 ±1,728
Median household income$59,783 ±$4,125
Median home value$123,000
Bachelor's degree or higher0.2%
Unemployment rate0.1%
Source: US Census ACS