Address
City: Inver Grove Heights
Neighborhood: Cahill Corridor
State: Minnesota
Postal Code: 55076
Country: United States
Business facts
Estimated annual revenue~$1.1M
Estimated employees~2
Estimated wage bill~$260.2K
In business since2017
Estimate based on strong signals
Contacts
Principal
Area statistics (55076)
Population21,771
Median household income$92,946
Source: US Census ACS
About
Jmax Engineering is located in Inver Grove Heights, Minnesota, and was founded in 2017. At this location, Jmax Engineering employs approximately 2 people. This business is working in the following industry: Engineer. Annual sales for Jmax Engineering are around $55.3K.
♿
Wheelchair Accessible
Parking
Market analysis
Earning below its category median in a growing category (Engineer).
EstimateCategory trend: 2024, +7.0%
Revenue trend (modeled)
~$772.9K2019
~$770.1K2020
~$836.4K2021
~$806.4K2022
~$835.5K2023
~$1.1M2024
Modeled from official industry statistics+6.6%/yr since 201980% confidence band: ±42%
Company profile
Employees (reported band)17
Observed
Property
Lot size0.63 acres
CountyDakota
Parcel ownerCortner Joseph M Tste
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Engineer in Minnesota | 297 | ~$1.6B | ~$5.4M | ~$1.8M | 5.0★ | 0.6× |
Category revenue trend2024: +7.0%2023: +7.5%2022: +9.0%2021: +5.2%Modeled from business-level estimates
Chain pressure23 chains expanding in this category, led by Bolton & Menk Inc, Widseth, SEH (+45 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) | 44 | ~$45.1M | ~$1.0M | ~$391.4K | 215 | ~$16.8M | 2.7× |
| Professional, scientific and technical activities | 3 | ~$3.0M | ~$988.3K | — | 4 | — | — |
1 km area (all businesses): median from the 36 of 44 businesses with estimates
Estimate
Area conditions (55076)
Population21,771 ±888
Median household income$92,946 ±$7,675
Median home value$299,500
Bachelor's degree or higher0.4%
Unemployment rate0.0%
Source: US Census ACS