Address
City: Utica
State: New York
Postal Code: 13501
Country: United States
Business facts
Estimated annual revenue~$1.2M
Estimated employees~7
Estimated wage bill~$295.7K
Estimate based on strong signals
Area statistics (13501)
Population40,152
Median household income$50,626
Source: US Census ACS
About
Vertaware is located in Utica, New York. This business is working in the following industry: Software Company.
♿
Wheelchair Accessible
Parking
Market analysis
Earning around its category median in a growing category (Software Company).
EstimateCategory trend: 2021, +8.7%
Revenue trend (modeled)
~$1.0M2019
~$906.6K2020
~$986.8K2021
~$1.1M2022
~$1.2M2023
~$1.2M2024
Modeled from category averages for the region+3.8%/yr since 201980% confidence band: ±68%
Property
Lot size1.39 acres
Land use714
CountyOneida
Parcel ownerCrane-Ballou, LLC
Assessed value$1.9M
On this lotshared with 24 other businesses
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Software Company in New York | 8,433 | ~$32.5B | ~$3.9M | ~$1.3M | 5.0★ | 1.0× |
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure65 chains expanding in this category, led by Invalid, Info, Simple mobile (+1,711 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) | 356 | ~$722.3M | ~$2.0M | ~$806.0K | 2,598 | ~$226.0M | 1.5× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 55 | ~$182.4M | ~$3.3M | — | 258 | — | — |
1 km area (all businesses): median from the 279 of 356 businesses with estimates
Estimate
Area conditions (13501)
Population40,152 ±1,625
Median household income$50,626 ±$3,855
Median home value$128,700
Bachelor's degree or higher0.2%
Unemployment rate0.1%
Source: US Census ACS