Assisted Living Facilities for the Elderly in Minnesota
Revenue benchmarks for assisted living facilities for the elderly businesses operating in Minnesota.
#18 of 50 states+36.0% vs national avg
Average Revenue
$2.6M
per year
Businesses
347
in Minnesota
Revenue / Employee
$56K
per year
Labor Cost
50.0%
of revenue
Profit Margin
13.0%
industry average
Market Saturation
6.1
firms per 100K in MN
Total Revenue
$917.7M
all firms in MN
Total Employees
16,259
in MN
How Minnesota Compares
National Average$1.9M
Minnesota$2.6M
Difference+$700K (+36.0%)