Musical Groups and Artists in North Carolina
Revenue benchmarks for musical groups and artists businesses operating in North Carolina.
#24 of 50 states-26.5% vs national avg
Average Revenue
$559K
per year
Businesses
94
in North Carolina
Revenue / Employee
$114K
per year
Labor Cost
40.0%
of revenue
Profit Margin
12.0%
industry average
Market Saturation
0.9
firms per 100K in NC
Total Revenue
$52.5M
all firms in NC
Total Employees
461
in NC
How North Carolina Compares
National Average$760K
North Carolina$559K
Difference$202K (-26.5%)