Address
City: Belmar
Neighborhood: New Bedford
State: New Jersey
Postal Code: 07719
Country: United States
Business facts
Estimated annual revenue~$153.0K
Estimated employees~3
In business since2021 (est.)
Estimate based on strong signals
Area statistics (07719)
Population21,994
Median household income$116,116
Source: US Census ACS
About
Studio 7, located in Wall, NJ, provides recreational and competitive dance classes and performance opportunities for children ages 2 through 18. Formerly known as "The Dancer's Workshop" since 1982, Studio 7 offers a supportive community for families to belong to.
ℹ️
Diversity Management
Woman Led
👶
Good For Kids
Yes
♿
Wheelchair Accessible
Parking, Restroom
Market analysis
Earning below its category median in a growing category (Dance School).
EstimateCategory trend: 2024, +7.6%
Revenue trend (modeled)
~$114.7K2019
~$96.3K2020
~$116.0K2021
~$135.9K2022
~$150.9K2023
~$153.0K2024
Modeled from official industry statistics+5.9%/yr since 201980% confidence band: ±42%
Property
Lot size52 acres
Land use15C
CountyMonmouth
Land value$3.5M
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Dance School in New Jersey | 1,442 | ~$392.1M | ~$271.9K | ~$193.9K | 4.9★ | 0.8× |
Category revenue trend2024: +7.6%2023: +10.1%2022: +15.2%2021: +14.1%Modeled from business-level estimates
Chain pressure25 chains expanding in this category, led by Fred Astaire, School of Rock, Pinot's Palette (+79 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) | 108 | ~$114.8M | ~$1.1M | ~$627.7K | 444 | ~$37.3M | 0.2× |
| Education | 6 | ~$5.8M | ~$969.6K | — | 44 | — | — |
1 km area (all businesses): median from the 90 of 108 businesses with estimates
Estimate
Area conditions (07719)
Population21,994 ±1,089
Median household income$116,116 ±$11,397
Median home value$589,600
Bachelor's degree or higher0.5%
Unemployment rate0.0%
Source: US Census ACS