Musical Groups and Artists in Tennessee
Revenue benchmarks for musical groups and artists businesses operating in Tennessee.
#3 of 50 states+89.2% vs national avg
Average Revenue
$1.4M
per year
Businesses
491
in Tennessee
Revenue / Employee
$317K
per year
Labor Cost
40.0%
of revenue
Profit Margin
12.0%
industry average
Market Saturation
7.1
firms per 100K in TN
Total Revenue
$706.2M
all firms in TN
Total Employees
2,228
in TN
How Tennessee Compares
National Average$760K
Tennessee$1.4M
Difference+$678K (+89.2%)