Patrick Engineering
55 E Monroe St # 3450, Chicago, IL 60603
Chicago, Illinois, United States
Address
City: Chicago
Neighborhood: Chicago Loop
State: Illinois
Postal Code: 60603
Country: United States
Business facts
Estimated annual revenue~$9.9M
Estimated employees~24
Estimated wage bill~$2.2M
In business since2013
Estimate based on moderate signals
Contacts
Manager
Vice-President
Area statistics (60603)
Population1,110
Median household income$124,888
Source: US Census ACS
About
Patrick Engineering Inc. is a Chicago-based company specializing in project management and engineering services. With expertise in highway, bridge, railroad, environmental, electrical, and water management engineering, the company serves a diverse range of clients including government agencies and private organizations. Their services include preconstruction, design/build, general contracting, project management, and various engineering solutions for infrastructure projects.
🅿️
Parking
Yes
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning above its category median in a growing category (Engineering Consultant).
EstimateCategory trend: 2024, +7.0%
Revenue trend (modeled)
~$7.6M2019
~$7.7M2020
~$7.9M2021
~$8.7M2022
~$9.2M2023
~$9.9M2024
Modeled from official industry statistics+5.4%/yr since 201980% confidence band: ±42%
Company profile
Incorporated2013
Observed
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Engineering Consultant in Illinois | 1,056 | ~$7.5B | ~$7.2M | ~$2.3M | 5.0★ | 4.3× |
Category revenue trend2024: +7.0%2023: +7.5%2022: +9.0%2021: +5.2%Modeled from business-level estimates
Chain pressure39 chains expanding in this category, led by Siemens, Imeg, Crawford, Murphy & Tilly (+68 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) | 2,721 | ~$7.1B | ~$2.6M | ~$923.4K | 17,760 | ~$2.2B | 11× |
| Professional, scientific and technical activities | 543 | ~$2.0B | ~$3.7M | — | 2,768 | — | — |
1 km area (all businesses): median from the 2,305 of 2,721 businesses with estimates
Estimate
Area conditions (60603)
Population1,110 ±319
Median household income$124,888 ±$77,032
Median home value$757,500
Bachelor's degree or higher0.9%
Unemployment rate0.0%
Source: US Census ACS