Address
City: McAllen
Neighborhood: Merito
State: Texas
Postal Code: 78503
Country: United States
Business facts
Estimated annual revenue~$552.1K
Estimated employees~4
In business since2021 (est.)
Estimate based on strong signals
Area statistics (78503)
Population21,799
Median household income$44,879
Source: US Census ACS
About
Wave is located in McAllen, Texas. This business is working in the following industry: Shopping Mall.
💳
Credit Cards
Debit Card, NFC, Yes
🚻
Restroom
Yes
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning below its category median in a growing category (Shopping Mall).
EstimateCategory trend: 2021, +13.6%
Revenue trend (modeled)
~$375.2K2019
~$359.9K2020
~$448.1K2021
~$496.6K2022
~$524.7K2023
~$552.1K2024
Modeled from category averages for the region+8.0%/yr since 201980% confidence band: ±68%
Property
Lot size48 acres
CountyHidalgo
Parcel ownerSIMON PROPERTY GROUP-MCALLEN NO 2
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Shopping Mall in Texas | 4,760 | ~$5.6B | ~$1.2M | ~$967.6K | 4.4★ | 0.6× |
Category revenue trend2021: +13.6%2020: -12.5%2019: -2.6%Modeled from business-level estimates
Chain pressure81 chains expanding in this category, led by Walmart, Target, Marshalls (+6,019 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) | 442 | ~$655.4M | ~$1.5M | ~$658.5K | 2,608 | ~$156.6M | 0.8× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 243 | ~$339.1M | ~$1.4M | — | 1,179 | — | — |
1 km area (all businesses): median from the 396 of 442 businesses with estimates
Estimate
Area conditions (78503)
Population21,799 ±1,960
Median household income$44,879 ±$5,298
Median home value$124,600
Bachelor's degree or higher0.3%
Unemployment rate0.0%
Source: US Census ACS