Musical Instrument Manufacturing in Maryland
Revenue benchmarks for musical instrument manufacturing businesses operating in Maryland.
#1 of 50 states+199.3% vs national avg
Average Revenue
$14.4M
per year
Businesses
9
in Maryland
Revenue / Employee
$257K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.1
firms per 100K in MD
Total Revenue
$129.5M
all firms in MD
Total Employees
504
in MD
How Maryland Compares
National Average$4.8M
Maryland$14.4M
Difference+$9.6M (+199.3%)