Musical Instrument Manufacturing in Massachusetts
Revenue benchmarks for musical instrument manufacturing businesses operating in Massachusetts.
#12 of 50 states-32.1% vs national avg
Average Revenue
$3.3M
per year
Businesses
31
in Massachusetts
Revenue / Employee
$281K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.4
firms per 100K in MA
Total Revenue
$101.1M
all firms in MA
Total Employees
360
in MA
How Massachusetts Compares
National Average$4.8M
Massachusetts$3.3M
Difference$1.5M (-32.1%)