Address
City: Sharon
Neighborhood: Sharon
State: Massachusetts
Postal Code: 02067
Country: United States
Business facts
Estimated annual revenue~$358.7K
Estimated employees~3
Estimate based on moderate signals
Area statistics (02067)
Population18,473
Median household income$181,545
Source: US Census ACS
About
Radect is located in Sharon, Massachusetts. This business is working in the following industry: Wellness Program.
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning above its category median in a growing category (Wellness Program).
EstimateCategory trend: 2024, +6.5%
Revenue trend (modeled)
~$263.0K2019
~$268.8K2020
~$295.0K2021
~$314.6K2022
~$336.3K2023
~$358.7K2024
Modeled from category averages for the region+6.4%/yr since 201980% confidence band: ±59%
Property
Lot size1.97 acres
Land use1010
CountyNorfolk
Parcel ownerKOBLICK, REUVEN M
Assessed value$837.7K (land $489.7K)
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Wellness Program in Massachusetts | 730 | ~$417.2M | ~$573.1K | ~$307.4K | 5.0★ | 1.2× |
Category revenue trend2024: +6.5%2023: +6.7%2022: +6.5%2021: +9.3%Modeled from business-level estimates
Chain pressure546 chains expanding in this category, led by Mine Erkan, Lou Linda, Ernest Hou (+19,410 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) | 74 | ~$70.5M | ~$952.1K | ~$468.4K | 274 | ~$23.9M | 0.8× |
| Human health and social work activities | 4 | ~$2.7M | ~$669.2K | — | 13 | — | — |
1 km area (all businesses): median from the 65 of 74 businesses with estimates
Estimate
Area conditions (02067)
Population18,473 ±38
Median household income$181,545 ±$19,087
Median home value$665,000
Bachelor's degree or higher0.7%
Unemployment rate0.0%
Source: US Census ACS