Musical Instrument Manufacturing in New Jersey
Revenue benchmarks for musical instrument manufacturing businesses operating in New Jersey.
#25 of 50 states-81.2% vs national avg
Average Revenue
$902K
per year
Businesses
15
in New Jersey
Revenue / Employee
$218K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.2
firms per 100K in NJ
Total Revenue
$13.5M
all firms in NJ
Total Employees
62
in NJ
How New Jersey Compares
National Average$4.8M
New Jersey$902K
Difference$3.9M (-81.2%)