Exam Preparation and Tutoring in New Mexico
Revenue benchmarks for exam preparation and tutoring businesses operating in New Mexico.
#43 of 50 states-60.5% vs national avg
Average Revenue
$245K
per year
Businesses
37
in New Mexico
Revenue / Employee
$44K
per year
Labor Cost
55.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
1.7
firms per 100K in NM
Total Revenue
$9.1M
all firms in NM
Total Employees
205
in NM
How New Mexico Compares
National Average$620K
New Mexico$245K
Difference$375K (-60.5%)