Consumer Lending in Minnesota
Revenue benchmarks for consumer lending businesses operating in Minnesota.
#22 of 50 states-37.4% vs national avg
Average Revenue
$6.2M
per year
Businesses
26
in Minnesota
Revenue / Employee
$242K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
0.5
firms per 100K in MN
Total Revenue
$160.4M
all firms in MN
Total Employees
664
in MN
How Minnesota Compares
National Average$9.9M
Minnesota$6.2M
Difference$3.7M (-37.4%)