Vector Computer Technologies
818 Red Dr #30, Traverse City, MI 49684
Traverse City, Michigan, United States
Address
City: Traverse City
Neighborhood: Brookside
State: Michigan
Postal Code: 49684
Country: United States
Business facts
Estimated annual revenue~$836.3K
Estimated employees~3
In business since1996
Estimate based on moderate signals
Area statistics (49684)
Population21,171
Median household income$73,730
Source: US Census ACS
About
Vector Computer Technologies is located in Traverse City, Michigan, and was founded in 1996. This business is working in the following industry: Software Company.
♿
Wheelchair Accessible
Parking
Market analysis
Earning below its category median in a growing category (Software Company).
EstimateCategory trend: 2021, +8.7%
Revenue trend (modeled)
~$628.5K2019
~$636.2K2020
~$678.8K2021
~$752.1K2022
~$794.7K2023
~$836.3K2024
Modeled from category averages for the region+5.9%/yr since 201980% confidence band: ±68%
Property
Lot size0.24 acres
CountyGrand_traverse
Parcel ownerSUB AREA 3 LLC
Land value$85.3K
On this lotshared with 18 other businesses
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Software Company in Michigan | 2,373 | ~$11.4B | ~$4.8M | ~$1.1M | 5.0★ | 0.7× |
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure35 chains expanding in this category, led by metroPCS, At&t, Att (+1,206 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) | 717 | ~$1.6B | ~$2.2M | ~$1.1M | 5,796 | ~$678.6M | 0.8× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | ~$198.0M | ~$4.2M | — | 286 | — | — |
1 km area (all businesses): median from the 635 of 717 businesses with estimates
Estimate
Area conditions (49684)
Population21,171 ±1,225
Median household income$73,730 ±$5,853
Median home value$342,800
Bachelor's degree or higher0.4%
Unemployment rate0.0%
Source: US Census ACS