Exam Preparation and Tutoring in New Jersey

Revenue benchmarks for exam preparation and tutoring businesses operating in New Jersey.

#5 of 50 states+51.9% vs national avg

Average Revenue

$942K

per year

Businesses

435

in New Jersey

Revenue / Employee

$65K

per year

Labor Cost

55.0%

of revenue

Profit Margin

10.0%

industry average

Market Saturation

4.7

firms per 100K in NJ

Total Revenue

$409.8M

all firms in NJ

Total Employees

6,344

in NJ

How New Jersey Compares

National Average$620K
New Jersey$942K
Difference+$322K (+51.9%)