Address
City: Chicago
State: Illinois
Postal Code: 60607
Country: United States
Business facts
Estimated annual revenue~$327.9K
Estimated employees~7
Estimate based on moderate signals
Area statistics (60607)
Population28,797
Median household income$119,500
Source: US Census ACS
About
TheBite is located in Chicago, Illinois. This business is working in the following industry: Cafes.
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Dining Options
Delivery, Take-out
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Menus
Coffee
Market analysis
Earning around its category median in a growing category (Cafes).
EstimateCategory trend: 2024, +4.1%
Revenue trend (modeled)
~$256.1K2019
~$191.9K2020
~$240.0K2021
~$291.3K2022
~$314.6K2023
~$327.9K2024
Modeled from official industry statistics+5.1%/yr since 201980% confidence band: ±42%
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Cafes in Illinois | 3,366 | ~$1.9B | ~$552.1K | ~$336.7K | 4.4★ | 1.0× |
Category revenue trend2024: +4.1%2023: +7.6%2022: +14.8%2021: +22.3%Modeled from business-level estimates
Chain pressure684 chains expanding in this category, led by Dunkin, Casey's, McDonald's (+4,486 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) | 613 | ~$1.6B | ~$2.6M | ~$830.9K | 4,293 | ~$481.2M | 0.4× |
| Accommodation and food service activities | 80 | ~$97.0M | ~$1.2M | — | 807 | — | — |
1 km area (all businesses): median from the 514 of 613 businesses with estimates
Estimate
Area conditions (60607)
Population28,797 ±1,684
Median household income$119,500 ±$15,908
Median home value$487,000
Bachelor's degree or higher0.8%
Unemployment rate0.1%
Source: US Census ACS