Address
City: Northfield
State: Minnesota
Postal Code: 55057
Country: United States
Business facts
Estimated annual revenue~$584.6K
Estimated employees~6
Estimate based on moderate signals
Area statistics (55057)
Population25,307
Median household income$90,066
Source: US Census ACS
About
Tiny Red Library is located in Northfield, Minnesota. This business is working in the following industry: Library and archives activities.
♿
Wheelchair Accessible
Parking
Market analysis
Earning above its category median in a growing category (Library and archives activities).
EstimateCategory trend: 2024, +9.5%
Revenue trend (modeled)
~$798.8K2019
~$887.9K2020
~$1.2M2021
~$514.6K2022
~$531.8K2023
~$584.6K2024
Modeled from category averages for the region-6.1%/yr since 201980% confidence band: ±59%
Property
CountyRice
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Library and archives activities in Minnesota | 799 | ~$347.8M | ~$443.1K | ~$245.5K | 4.8★ | 2.4× |
Category revenue trend2024: +9.5%2023: +3.3%2022: -80.6%2021: +23.8%Modeled from business-level estimates
Chain pressure6 chains expanding in this category, led by Little Free Library, Little Free Library, Hayden Heights Library (+73 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) | 634 | ~$630.8M | ~$994.9K | ~$411.9K | 2,756 | ~$207.8M | 1.4× |
| Arts, entertainment and recreation | 68 | ~$36.7M | ~$540.1K | — | 295 | — | — |
1 km area (all businesses): median from the 540 of 634 businesses with estimates
Estimate
Area conditions (55057)
Population25,307 ±386
Median household income$90,066 ±$6,582
Median home value$314,800
Bachelor's degree or higher0.5%
Unemployment rate0.1%
Source: US Census ACS