RM Engineering

171 Milk St Suite 33, Boston, MA 02109

Boston, Massachusetts, United States

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Address
City: Boston
Neighborhood: Downtown
State: Massachusetts
Postal Code: 02109
Country: United States
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Business facts

Estimated annual revenue~$3.0M
Estimated employees~5
Estimated wage bill~$352.5K
In business since1996
Estimate based on moderate signals

Area statistics (02109)

Population3,559
Median household income$162,179
Source: US Census ACS

About

RM Engineering is located in Boston, Massachusetts, and was founded in 1996. This business is working in the following industry: Engineering Consultant.

Wheelchair Accessible
Yes
Categories: Engineering Consultant.
ISIC Codes: 7110.

Market analysis

Earning around its category median in a growing category (Engineering Consultant).

EstimateCategory trend: 2024, +7.0%

Revenue trend (modeled)

~$2.3M2019
~$2.4M2020
~$2.5M2021
~$2.7M2022
~$2.8M2023
~$3.0M2024
Modeled from official industry statistics+5.2%/yr since 201980% confidence band: ±42%

Property

Lot size0.47 acres
Land use346
CountySuffolk
Parcel ownerGRE CONGRESS STREET LLC
Assessed value$60.9M (land $16.2M)
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Engineering Consultant in Massachusetts745~$6.9B~$9.3M~$3.2M5.0★0.9×
Category revenue trend2024: +7.0%2023: +7.5%2022: +9.0%2021: +5.2%Modeled from business-level estimates
Chain pressure22 chains expanding in this category, led by A.Normandin Design, Siemens, Tetra Tech (+46 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)6,255~$26.2B~$4.2M~$1.6M51,185~$7.9B1.8×
Professional, scientific and technical activities1,478~$12.9B~$8.7M11,580

1 km area (all businesses): median from the 4,472 of 6,255 businesses with estimates

Estimate

Area conditions (02109)

Population3,559 ±549
Median household income$162,179 ±$24,663
Median home value$1,010,200
Bachelor's degree or higher0.8%
Unemployment rate0.0%
Source: US Census ACS
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