Institutional Furniture Manufacturing in Maryland
Revenue benchmarks for institutional furniture manufacturing businesses operating in Maryland.
#10 of 50 states+38.5% vs national avg
Average Revenue
$12.8M
per year
Businesses
5
in Maryland
Revenue / Employee
$280K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.1
firms per 100K in MD
Total Revenue
$63.8M
all firms in MD
Total Employees
228
in MD
How Maryland Compares
National Average$9.2M
Maryland$12.8M
Difference+$3.5M (+38.5%)