Formwork Studios
966 Ridge Ave, Scranton, PA 18510
Scranton, Pennsylvania, United States
Address
City: Scranton
State: Pennsylvania
Postal Code: 18510
Country: United States
Business facts
Estimated annual revenue~$361.6K
Estimated employees~2
In business since2025 (est.)
Estimate based on strong signals
Area statistics (18510)
Population14,530
Median household income$49,054
Source: US Census ACS
About
Formwork Studios is located in Scranton, Pennsylvania. This business is working in the following industry: Website Designer.
Market analysis
Earning below its category median in a growing category (Website Designer).
EstimateCategory trend: 2024, +6.4%
Revenue trend (modeled)
~$311.5K2019
~$284.9K2020
~$293.4K2021
~$325.2K2022
~$343.6K2023
~$361.6K2024
Modeled from category averages for the region+3.0%/yr since 201980% confidence band: ±68%
Property
Lot size0.26 acres
CountyLackawanna
Assessed value$0.3
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Website Designer in Pennsylvania | 2,448 | ~$2.5B | ~$1.1M | ~$570.2K | 5.0★ | 0.6× |
Category revenue trend2024: +6.4%2023: +5.8%2022: +6.5%2021: +14.6%Modeled from business-level estimates
Chain pressure3 chains expanding in this category, led by DKcadDesigns, Power Marketing International, LLC, FreshySites - Website Design (+88 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) | 171 | ~$274.6M | ~$1.6M | ~$363.6K | 784 | ~$69.9M | 1.0× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 42 | ~$136.6M | ~$3.3M | — | 216 | — | — |
| Professional, scientific and technical activities | 15 | ~$23.5M | ~$1.6M | — | 64 | — | — |
1 km area (all businesses): median from the 145 of 171 businesses with estimates
Estimate
Area conditions (18510)
Population14,530 ±947
Median household income$49,054 ±$10,197
Median home value$163,500
Bachelor's degree or higher0.3%
Unemployment rate0.0%
Source: US Census ACS