Evolve Elements
367 W 1600 S, Salt Lake City, UT 84115
Salt Lake City, Utah, United States
Address
City: Salt Lake City
Neighborhood: Ballpark
State: Utah
Postal Code: 84115
Country: United States
Business facts
Estimated annual revenue~$3.9M
Estimated employees~14
Estimated wage bill~$785.5K
In business since2016 (est.)
Estimate based on strong signals
Area statistics (84115)
Population28,623
Median household income$55,237
Source: US Census ACS
About
Evolve Elements is located in Salt Lake City, Utah. This business is working in the following industry: Cabinet Store.
🍽️
Dining Options
Delivery
💰
Price
$$
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning above its category median in a stable category (Cabinet Store).
EstimateCategory trend: 2024, +1.5%
Revenue trend (modeled)
~$2.6M2019
~$3.0M2020
~$3.3M2021
~$3.7M2022
~$3.6M2023
~$3.9M2024
Modeled from official industry statistics+8.1%/yr since 201980% confidence band: ±42%
Property
Lot size0.84 acres
CountySalt_lake
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Cabinet Store in Utah | 235 | ~$716.9M | ~$3.1M | ~$1.3M | 4.7★ | 3.0× |
Category revenue trend2024: +1.5%2023: +1.2%2022: +7.7%2021: +7.7%Modeled from business-level estimates
Chain pressure31 chains expanding in this category, led by Ace Hardware, Ace Hardware, The Home Depot (+144 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) | 281 | ~$1.1B | ~$3.8M | ~$850.6K | 2,349 | ~$213.8M | 4.6× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 97 | ~$752.3M | ~$7.8M | — | 868 | — | — |
| Manufacturing | 16 | ~$48.0M | ~$3.0M | — | 283 | — | — |
1 km area (all businesses): median from the 231 of 281 businesses with estimates
Estimate
Area conditions (84115)
Population28,623 ±1,252
Median household income$55,237 ±$3,871
Median home value$357,300
Bachelor's degree or higher0.3%
Unemployment rate0.0%
Source: US Census ACS