Musical Instrument Manufacturing in Indiana
Revenue benchmarks for musical instrument manufacturing businesses operating in Indiana.
#9 of 50 states+6.4% vs national avg
Average Revenue
$5.1M
per year
Businesses
16
in Indiana
Revenue / Employee
$193K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.2
firms per 100K in IN
Total Revenue
$81.9M
all firms in IN
Total Employees
424
in IN
How Indiana Compares
National Average$4.8M
Indiana$5.1M
Difference+$309K (+6.4%)