Colleges, Universities, and Professional Schools in Minnesota
Revenue benchmarks for colleges, universities, and professional schools businesses operating in Minnesota.
#19 of 50 states-39.7% vs national avg
Average Revenue
$39.1M
per year
Businesses
57
in Minnesota
Revenue / Employee
$66K
per year
Labor Cost
55.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
1.0
firms per 100K in MN
Total Revenue
$2.2B
all firms in MN
Total Employees
33,711
in MN
How Minnesota Compares
National Average$64.9M
Minnesota$39.1M
Difference$25.8M (-39.7%)