Engineering Services in Minnesota
Revenue benchmarks for engineering services businesses operating in Minnesota.
#14 of 50 states-8.8% vs national avg
Average Revenue
$4.6M
per year
Businesses
767
in Minnesota
Revenue / Employee
$201K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
13.4
firms per 100K in MN
Total Revenue
$3.5B
all firms in MN
Total Employees
17,593
in MN
How Minnesota Compares
National Average$5.0M
Minnesota$4.6M
Difference$445K (-8.8%)