Musical Groups and Artists in Connecticut

Revenue benchmarks for musical groups and artists businesses operating in Connecticut.

#31 of 50 states-35.4% vs national avg

Average Revenue

$491K

per year

Businesses

45

in Connecticut

Revenue / Employee

$111K

per year

Labor Cost

40.0%

of revenue

Profit Margin

12.0%

industry average

Market Saturation

1.2

firms per 100K in CT

Total Revenue

$22.1M

all firms in CT

Total Employees

199

in CT

How Connecticut Compares

National Average$760K
Connecticut$491K
Difference$269K (-35.4%)