Richards Electronics

4.2★★★★☆(8 reviews)

4317 Cherry Tree Ln, Eldersburg, MD 21784

Eldersburg, Maryland, United States

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Business facts

Estimated annual revenue~$334.8K
Estimated employees~4
Estimated wage bill~$199.0K
In business since2002
Estimate based on strong signals

Area statistics (21784)

Population37,219
Median household income$138,923
Source: US Census ACS

About

Richards Electronics is located in Eldersburg, Maryland, and was founded in 2002. This business is working in the following industry: Computer Support and Services. Annual sales for Richards Electronics are around $0.0 – $1.0M.

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Credit Cards
Check, Debit Card, NFC
Wheelchair Accessible
Parking, Yes
Categories: Computer Support and Services, Electronics Engineer, Electronics Company.
ISIC Codes: 7010, 7110, 9511.

Market analysis

Earning below its category median in a stable category (Computer Support and Services).

EstimateCategory trend: 2024, +2.0%

Revenue trend (modeled)

~$169.5K2019
~$162.8K2020
~$201.3K2021
~$205.6K2022
~$286.6K2023
~$334.8K2024
Modeled from official industry statistics+14.6%/yr since 201980% confidence band: ±42%

Property

Lot size2.50 acres
ZoningConse
CountyCarroll
Assessed value$737.0
On this lotshared with 1 other businesses
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Computer Support and Services in Maryland626~$1.3B~$2.3M~$524.7K5.0★0.6×

Computer Support and Services in Maryland: revenue figures from the 545 of 626 businesses with estimates

Category revenue trend2024: +2.0%2023: +5.6%2022: +6.9%2021: +7.2%Modeled from business-level estimates
Chain pressure1 chains expanding in this category, led by CMIT Solutions (+2 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)4~$2.8M~$688.6K11~$819.2K
Professional, scientific and technical activities2~$1.7M~$847.8K6
Estimate

Area conditions (21784)

Population37,219 ±1,401
Median household income$138,923 ±$6,690
Median home value$459,700
Bachelor's degree or higher0.5%
Unemployment rate0.0%
Source: US Census ACS
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