Locksmiths in Utah
Revenue benchmarks for locksmiths businesses operating in Utah.
#10 of 50 states+15.3% vs national avg
Average Revenue
$395K
per year
Businesses
41
in Utah
Revenue / Employee
$73K
per year
Labor Cost
55.0%
of revenue
Profit Margin
8.0%
industry average
Market Saturation
1.3
firms per 100K in UT
Total Revenue
$16.2M
all firms in UT
Total Employees
221
in UT
How Utah Compares
National Average$342K
Utah$395K
Difference+$52K (+15.3%)