Musical Groups and Artists in Virginia

Revenue benchmarks for musical groups and artists businesses operating in Virginia.

#41 of 50 states-52.7% vs national avg

Average Revenue

$359K

per year

Businesses

85

in Virginia

Revenue / Employee

$86K

per year

Labor Cost

40.0%

of revenue

Profit Margin

12.0%

industry average

Market Saturation

1.0

firms per 100K in VA

Total Revenue

$30.5M

all firms in VA

Total Employees

357

in VA

How Virginia Compares

National Average$760K
Virginia$359K
Difference$401K (-52.7%)