Address
City: Lubbock
Neighborhood: Melonie Park
State: Texas
Postal Code: 79424
Country: United States
Business facts
Estimated annual revenue~$966.1K
Estimated employees~3
Estimated wage bill~$215.1K
Estimate based on moderate signals
Area statistics (79424)
Population50,448
Median household income$91,572
Source: US Census ACS
About
STATE TECH Engineering is located in Lubbock, Texas. This business is working in the following industry: Engineer.
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning below its category median in a growing category (Engineer).
EstimateCategory trend: 2024, +7.0%
Revenue trend (modeled)
~$687.2K2019
~$721.6K2020
~$693.1K2021
~$815.7K2022
~$911.8K2023
~$966.1K2024
Modeled from official industry statistics+7.1%/yr since 201980% confidence band: ±42%
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Engineer in Texas | 1,791 | ~$6.8B | ~$3.9M | ~$1.6M | 4.9★ | 0.6× |
Category revenue trend2024: +7.0%2023: +7.5%2022: +9.0%2021: +5.2%Modeled from business-level estimates
Chain pressure199 chains expanding in this category, led by Siemens, Terracon Consultants, Kimley-Horn (+539 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) | 343 | ~$598.7M | ~$1.7M | ~$849.1K | 2,283 | ~$185.0M | 1.1× |
| Professional, scientific and technical activities | 25 | ~$46.4M | ~$1.9M | — | 159 | — | — |
1 km area (all businesses): median from the 272 of 343 businesses with estimates
Estimate
Area conditions (79424)
Population50,448 ±1,858
Median household income$91,572 ±$5,653
Median home value$259,500
Bachelor's degree or higher0.5%
Unemployment rate0.0%
Source: US Census ACS