Musical Instrument Manufacturing in Illinois
Revenue benchmarks for musical instrument manufacturing businesses operating in Illinois.
#15 of 50 states-46.8% vs national avg
Average Revenue
$2.6M
per year
Businesses
25
in Illinois
Revenue / Employee
$204K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.2
firms per 100K in IL
Total Revenue
$63.9M
all firms in IL
Total Employees
313
in IL
How Illinois Compares
National Average$4.8M
Illinois$2.6M
Difference$2.3M (-46.8%)