Address
City: Chicago
State: Illinois
Postal Code: 60608
Country: United States
Business facts
Estimated employees~5
Rough estimate from limited signals
Area statistics (60608)
Population82,749
Median household income$66,821
Source: US Census ACS
About
Verge Frames is located in Chicago, Illinois. This business is working in the following industry: Framing.
Market analysis
Earning above its category median in a growing category (Framing).
EstimateCategory trend: 2021, +18.1%
Revenue trend (modeled)
~$840.5K2019
~$807.6K2020
~$967.8K2021
~$1.1M2022
~$1.1M2023
~$1.2M2024
Modeled from category averages for the region+7.2%/yr since 201980% confidence band: ±68%
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Framing in Illinois | 651 | ~$807.2M | ~$1.2M | ~$577.0K | 4.6★ | 2.1× |
Category revenue trend2021: +18.1%2020: -4.0%2019: +1.4%Modeled from business-level estimates
Chain pressure63 chains expanding in this category, led by Home Depot, Mattress, Michaels Custom Framing (+1,775 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) | 308 | ~$1.2B | ~$4.0M | ~$597.0K | 2,342 | ~$238.4M | 2.0× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 66 | ~$733.0M | ~$11.1M | — | 566 | — | — |
1 km area (all businesses): median from the 276 of 308 businesses with estimates
Estimate
Area conditions (60608)
Population82,749 ±3,174
Median household income$66,821 ±$3,379
Median home value$321,600
Bachelor's degree or higher0.3%
Unemployment rate0.1%
Source: US Census ACS