Cotson Electronics
77 13th Ave NE, Minneapolis, MN 55413
Minneapolis, Minnesota, United States
Address
City: Minneapolis
Neighborhood: Northeast Minneapolis
State: Minnesota
Postal Code: 55413
Country: United States
Business facts
Estimated annual revenue~$1.0M
Estimated employees~5
Estimate based on strong signals
Area statistics (55413)
Population14,076
Median household income$78,064
Source: US Census ACS
About
Cotson Electronics is located in Minneapolis, Minnesota. At this location, Cotson Electronics employs approximately 5 people. This business is working in the following industry: Electronics Store. Annual sales for Cotson Electronics are around $500.0K – $1.0M.
Market analysis
Earning above its category median in a growing category (Electronics Store).
EstimateCategory trend: 2021, +8.7%
Revenue trend (modeled)
~$1.2M2019
~$732.9K2020
~$815.3K2021
~$903.4K2022
~$954.6K2023
~$1.0M2024
Modeled from category averages for the region-3.7%/yr since 201980% confidence band: ±68%
Property
Lot size0.59 acres
CountyHennepin
Parcel ownerArtspace Grain Belt Llc
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Electronics Store in Minnesota | 976 | ~$2.4B | ~$2.5M | ~$823.2K | 4.1★ | 1.2× |
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure22 chains expanding in this category, led by Target Mobile, Metro by T-Mobile, T-Mobile (+836 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) | 272 | ~$836.9M | ~$3.1M | ~$797.5K | 2,333 | ~$277.6M | 1.3× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | ~$341.5M | ~$7.6M | — | 377 | — | — |
1 km area (all businesses): median from the 236 of 272 businesses with estimates
Estimate
Area conditions (55413)
Population14,076 ±925
Median household income$78,064 ±$7,075
Median home value$339,100
Bachelor's degree or higher0.6%
Unemployment rate0.1%
Source: US Census ACS