Locksmiths in Rhode Island
Revenue benchmarks for locksmiths businesses operating in Rhode Island.
#45 of 50 states-42.8% vs national avg
Average Revenue
$196K
per year
Businesses
20
in Rhode Island
Revenue / Employee
$73K
per year
Labor Cost
55.0%
of revenue
Profit Margin
8.0%
industry average
Market Saturation
1.8
firms per 100K in RI
Total Revenue
$3.9M
all firms in RI
Total Employees
54
in RI
How Rhode Island Compares
National Average$342K
Rhode Island$196K
Difference$147K (-42.8%)