Locksmiths in Maryland
Revenue benchmarks for locksmiths businesses operating in Maryland.
#7 of 50 states+23.3% vs national avg
Average Revenue
$422K
per year
Businesses
83
in Maryland
Revenue / Employee
$97K
per year
Labor Cost
55.0%
of revenue
Profit Margin
8.0%
industry average
Market Saturation
1.3
firms per 100K in MD
Total Revenue
$35.0M
all firms in MD
Total Employees
362
in MD
How Maryland Compares
National Average$342K
Maryland$422K
Difference+$80K (+23.3%)