Apprenticeship Training in Rhode Island
Revenue benchmarks for apprenticeship training businesses operating in Rhode Island.
#6 of 50 states+32.9% vs national avg
Average Revenue
$1.4M
per year
Businesses
8
in Rhode Island
Revenue / Employee
$157K
per year
Labor Cost
55.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.7
firms per 100K in RI
Total Revenue
$10.9M
all firms in RI
Total Employees
69
in RI
How Rhode Island Compares
National Average$1.0M
Rhode Island$1.4M
Difference+$336K (+32.9%)