Hardware Manufacturing in Virginia

Revenue benchmarks for hardware manufacturing businesses operating in Virginia.

#19 of 50 states+2.7% vs national avg

Average Revenue

$16.0M

per year

💰

Businesses

5

in Virginia

🏢

Revenue / Employee

$277K

per year

👤

Labor Cost

22.0%

of revenue

👥

Profit Margin

10.0%

industry average

📈

Market Saturation

0.1

firms per 100K in VA

🎯

Total Revenue

$79.9M

all firms in VA

💵

Total Employees

289

in VA

👷

How Virginia Compares

National Average$15.6M
Virginia$16.0M
Difference+$421K (+2.7%)