Address
City: Covington
Neighborhood: Race Street
State: Kentucky
Postal Code: 41011
Country: United States
Business facts
Estimated annual revenue~$3.8M
Estimated employees~5
Estimated wage bill~$1.4M
Estimate based on moderate signals
Area statistics (41011)
Population27,044
Median household income$59,684
Source: US Census ACS
About
TEC Engineering is located in Covington, Kentucky. This business is working in the following industry: Engineer.
♿
Wheelchair Accessible
Parking
Market analysis
Earning above its category median in a growing category (Engineer).
EstimateCategory trend: 2024, +7.0%
Revenue trend (modeled)
~$2.7M2019
~$2.9M2020
~$3.0M2021
~$3.2M2022
~$3.5M2023
~$3.8M2024
Modeled from official industry statistics+7.3%/yr since 201980% confidence band: ±42%
Property
Lot size6.19 acres
Land use0494
CountyKenton
Parcel ownerCOVINGTON CITY OF & MUNICIPAL PROPERTY CORP
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Engineer in Kentucky | 175 | ~$423.6M | ~$2.4M | ~$966.5K | 4.8★ | 4.0× |
Category revenue trend2024: +7.0%2023: +7.5%2022: +9.0%2021: +5.2%Modeled from business-level estimates
Chain pressure8 chains expanding in this category, led by Michelle Bollman: Civil Engineer, CMTA Inc., Henderson Land Surveying (+15 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) | 423 | ~$1.4B | ~$3.4M | ~$815.7K | 3,350 | ~$436.4M | 4.7× |
| Professional, scientific and technical activities | 61 | ~$310.8M | ~$5.1M | — | 518 | — | — |
1 km area (all businesses): median from the 331 of 423 businesses with estimates
Estimate
Area conditions (41011)
Population27,044 ±998
Median household income$59,684 ±$4,375
Median home value$245,100
Bachelor's degree or higher0.4%
Unemployment rate0.1%
Source: US Census ACS