Nova
150 Chestnut St Unit F, Providence, RI 02903
Providence, Rhode Island, United States
Address
City: Providence
Neighborhood: Jewelry District
State: Rhode Island
Postal Code: 02903
Country: United States
Business facts
Estimated annual revenue~$1.4M
Estimated employees~4
Estimated wage bill~$327.5K
In business since2023 (est.)
Estimate based on strong signals
Area statistics (02903)
Population12,039
Median household income$57,850
Source: US Census ACS
About
Nova is an independent design firm led by creative problem-solvers who prioritize understanding the "why" behind their work. Their expertise, authenticity, and energy enable them to efficiently identify market opportunities and bring diverse clients' ideas, products, and services to market.
ℹ️
Diversity Management
Woman Led
♿
Wheelchair Accessible
Parking
Market analysis
Earning around its category median in a growing category (Industrial Design Company).
EstimateCategory trend: 2024, +6.4%
Revenue trend (modeled)
~$1.1M2019
~$1.1M2020
~$1.2M2021
~$1.3M2022
~$1.4M2023
~$1.4M2024
Modeled from official industry statistics+5.6%/yr since 201980% confidence band: ±42%
Property
Lot size0.21 acres
Land useCommercial
CountyProvidence
On this lotshared with 30 other businesses
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Industrial Design Company in Rhode Island | 7 | ~$14.2M | ~$2.0M | ~$1.3M | 5.0★ | 1.1× |
Category revenue trend2024: +6.4%2023: +5.8%2022: +6.5%2021: +14.6%Modeled from business-level estimates
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) | 1,348 | ~$2.6B | ~$1.9M | ~$763.3K | 9,986 | ~$1.0B | 1.8× |
| Professional, scientific and technical activities | 187 | ~$371.7M | ~$2.0M | — | 1,189 | — | — |
1 km area (all businesses): median from the 1,080 of 1,348 businesses with estimates
Estimate
Area conditions (02903)
Population12,039 ±939
Median household income$57,850 ±$14,282
Median home value$359,600
Bachelor's degree or higher0.5%
Unemployment rate0.1%
Source: US Census ACS