Musical Groups and Artists in New Jersey
Revenue benchmarks for musical groups and artists businesses operating in New Jersey.
#32 of 50 states-36.4% vs national avg
Average Revenue
$484K
per year
Businesses
122
in New Jersey
Revenue / Employee
$182K
per year
Labor Cost
40.0%
of revenue
Profit Margin
12.0%
industry average
Market Saturation
1.3
firms per 100K in NJ
Total Revenue
$59.0M
all firms in NJ
Total Employees
324
in NJ
How New Jersey Compares
National Average$760K
New Jersey$484K
Difference$276K (-36.4%)