Musical Groups and Artists in Maryland
Revenue benchmarks for musical groups and artists businesses operating in Maryland.
#6 of 50 states+36.1% vs national avg
Average Revenue
$1.0M
per year
Businesses
48
in Maryland
Revenue / Employee
$121K
per year
Labor Cost
40.0%
of revenue
Profit Margin
12.0%
industry average
Market Saturation
0.8
firms per 100K in MD
Total Revenue
$49.7M
all firms in MD
Total Employees
409
in MD
How Maryland Compares
National Average$760K
Maryland$1.0M
Difference+$275K (+36.1%)