Medical Laboratories in New Jersey

Revenue benchmarks for medical laboratories businesses operating in New Jersey.

#5 of 50 states+54.8% vs national avg

Average Revenue

$12.0M

per year

💰

Businesses

134

in New Jersey

🏢

Revenue / Employee

$116K

per year

👤

Labor Cost

50.0%

of revenue

👥

Profit Margin

13.0%

industry average

📈

Market Saturation

1.4

firms per 100K in NJ

🎯

Total Revenue

$1.6B

all firms in NJ

💵

Total Employees

13,835

in NJ

👷

How New Jersey Compares

National Average$7.7M
New Jersey$12.0M
Difference+$4.2M (+54.8%)