Jewelry and Silverware Manufacturing in Minnesota
Revenue benchmarks for jewelry and silverware manufacturing businesses operating in Minnesota.
#19 of 50 states-39.2% vs national avg
Average Revenue
$1.6M
per year
Businesses
27
in Minnesota
Revenue / Employee
$192K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.5
firms per 100K in MN
Total Revenue
$42.4M
all firms in MN
Total Employees
221
in MN
How Minnesota Compares
National Average$2.6M
Minnesota$1.6M
Difference$1.0M (-39.2%)