Medical Laboratories in West Virginia
Revenue benchmarks for medical laboratories businesses operating in West Virginia.
#35 of 50 states-52.7% vs national avg
Average Revenue
$3.7M
per year
Businesses
18
in West Virginia
Revenue / Employee
$114K
per year
Labor Cost
50.0%
of revenue
Profit Margin
13.0%
industry average
Market Saturation
1.0
firms per 100K in WV
Total Revenue
$65.9M
all firms in WV
Total Employees
576
in WV
How West Virginia Compares
National Average$7.7M
West Virginia$3.7M
Difference$4.1M (-52.7%)