Locksmiths in New Mexico
Revenue benchmarks for locksmiths businesses operating in New Mexico.
#47 of 50 states-51.7% vs national avg
Average Revenue
$165K
per year
Businesses
33
in New Mexico
Revenue / Employee
$59K
per year
Labor Cost
55.0%
of revenue
Profit Margin
8.0%
industry average
Market Saturation
1.6
firms per 100K in NM
Total Revenue
$5.5M
all firms in NM
Total Employees
92
in NM
How New Mexico Compares
National Average$342K
New Mexico$165K
Difference$177K (-51.7%)