Tiny Threads 507
215 N Oak St, Vesta, MN 56292
Vesta, Minnesota, United States
Address
City: Vesta
State: Minnesota
Postal Code: 56292
Country: United States
Business facts
Estimated employees~4
Category average for this area
Area statistics (56292)
Population591
Median household income$70,000
Source: US Census ACS
About
Tiny Threads 507 is located in Vesta, Minnesota. This business is working in the following industry: Children and baby clothing.
Market analysis
Earning around its category median in a growing category (Children and baby clothing).
EstimateCategory trend: 2021, +11.6%
Revenue trend (modeled)
~$532.3K2019
~$435.0K2020
~$488.1K2021
~$540.9K2022
~$571.5K2023
~$601.4K2024
Modeled from category averages for the region+2.5%/yr since 201980% confidence band: ±68%
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Children and baby clothing in Minnesota | 458 | ~$476.0M | ~$1.0M | ~$674.8K | 4.2★ | 0.9× |
Category revenue trend2021: +11.6%2020: -21.1%2019: +1.2%Modeled from business-level estimates
Chain pressure52 chains expanding in this category, led by Spirit Halloween, Mainstream Boutique, Tradehome Shoes (+318 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) | 10 | ~$4.8M | ~$483.9K | ~$325.0K | 39 | ~$2.3M | 1.9× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 2 | ~$1.4M | ~$693.4K | — | 6 | — | — |
1 km area (all businesses): median from the 8 of 10 businesses with estimates
Estimate
Area conditions (56292)
Population591 ±99
Median household income$70,000 ±$15,407
Median home value$116,300
Bachelor's degree or higher0.2%
Unemployment rate0.0%
Source: US Census ACS