Funeral Homes and Funeral Services in New Mexico
Revenue benchmarks for funeral homes and funeral services businesses operating in New Mexico.
#13 of 50 states+25.9% vs national avg
Average Revenue
$1.3M
per year
Businesses
40
in New Mexico
Revenue / Employee
$93K
per year
Labor Cost
38.0%
of revenue
Profit Margin
8.0%
industry average
Market Saturation
1.9
firms per 100K in NM
Total Revenue
$52.7M
all firms in NM
Total Employees
566
in NM
How New Mexico Compares
National Average$1.0M
New Mexico$1.3M
Difference+$271K (+25.9%)