Industrial Design Services in Minnesota
Revenue benchmarks for industrial design services businesses operating in Minnesota.
#18 of 50 states-35.5% vs national avg
Average Revenue
$1.0M
per year
Businesses
33
in Minnesota
Revenue / Employee
$165K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
0.6
firms per 100K in MN
Total Revenue
$34.2M
all firms in MN
Total Employees
207
in MN
How Minnesota Compares
National Average$1.6M
Minnesota$1.0M
Difference$570K (-35.5%)