Barber Shops in Maryland
Revenue benchmarks for barber shops businesses operating in Maryland.
#15 of 50 states+21.4% vs national avg
Average Revenue
$394K
per year
Businesses
110
in Maryland
Revenue / Employee
$84K
per year
Labor Cost
38.0%
of revenue
Profit Margin
8.0%
industry average
Market Saturation
1.8
firms per 100K in MD
Total Revenue
$43.4M
all firms in MD
Total Employees
515
in MD
How Maryland Compares
National Average$325K
Maryland$394K
Difference+$69K (+21.4%)