Electrical Contractors and Other Wiring Installation Contractors in Minnesota
Revenue benchmarks for electrical contractors and other wiring installation contractors businesses operating in Minnesota.
#21 of 50 states+1.0% vs national avg
Average Revenue
$2.7M
per year
Businesses
1,564
in Minnesota
Revenue / Employee
$269K
per year
Labor Cost
30.0%
of revenue
Profit Margin
7.0%
industry average
Market Saturation
27.4
firms per 100K in MN
Total Revenue
$4.3B
all firms in MN
Total Employees
15,818
in MN
How Minnesota Compares
National Average$2.7M
Minnesota$2.7M
Difference+$28K (+1.0%)