Musical Groups and Artists in Utah
Revenue benchmarks for musical groups and artists businesses operating in Utah.
#16 of 50 states-7.3% vs national avg
Average Revenue
$704K
per year
Businesses
45
in Utah
Revenue / Employee
$170K
per year
Labor Cost
40.0%
of revenue
Profit Margin
12.0%
industry average
Market Saturation
1.4
firms per 100K in UT
Total Revenue
$31.7M
all firms in UT
Total Employees
187
in UT
How Utah Compares
National Average$760K
Utah$704K
Difference$56K (-7.3%)