Musical Instrument Manufacturing in Maine
Revenue benchmarks for musical instrument manufacturing businesses operating in Maine.
#13 of 50 states-32.7% vs national avg
Average Revenue
$3.2M
per year
Businesses
8
in Maine
Revenue / Employee
$223K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.6
firms per 100K in ME
Total Revenue
$25.9M
all firms in ME
Total Employees
116
in ME
How Maine Compares
National Average$4.8M
Maine$3.2M
Difference$1.6M (-32.7%)