Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals Revenue Benchmarks

How much does the average instrument manufacturing for measuring and testing electricity and electrical signals business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$26.4M

per year

💰

Profit Margin

10.0%

industry average

📈

Revenue / Employee

$522K

per year

👤

Total Businesses

641

in the US

🏢

Est. Owner Income

$2.6M

small business avg

💵

Labor Cost

22.0%

of revenue

👥

Avg Employee Wage

$136K

per year (BLS)

💼

Market Saturation

0.2

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$800K
5-9 employees
$2.1M
10-19 employees
$4.5M
20-99 employees
$15.3M
100-499 employees
$43.0M
500+ employees
$246.5M

🏆 Highest Revenue States

1.Washington$60.2M avg2.California$50.5M avg3.Kansas$47.3M avg4.Oregon$46.6M avg5.Colorado$38.5M avg6.South Carolina$36.9M avg7.Wisconsin$28.9M avg8.New York$23.3M avg9.Virginia$19.8M avg10.North Carolina$19.4M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

5.75%

openings/year

Closure Rate

6.89%

closings/year

Net Job Growth

+3.43%

annual

Businesses Closed

222

in 2023

Firm Count Trend

19
20
21
22
23
4,095 firms3,903 firms

💡 Should You Start a Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals Business?

Startup Cost

$50K – $250K

Break-Even

1 months

5-Year Survival Rate

50.0%

🆚 Related Industries

Machine Shops$3.2MCommercial Printing (except Screen and Books)$5.8MRetail Bakeries$1.8MWood Kitchen Cabinet and Countertop Manufacturing$3.3MSign Manufacturing$2.9M

Compare Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals revenue with other industries:

vs Machinevs Commercialvs Retail