Musical Instrument Manufacturing in New Mexico
Revenue benchmarks for musical instrument manufacturing businesses operating in New Mexico.
#39 of 50 states-96.5% vs national avg
Average Revenue
$168K
per year
Businesses
4
in New Mexico
Revenue / Employee
$134K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.2
firms per 100K in NM
Total Revenue
$672K
all firms in NM
Total Employees
5
in NM
How New Mexico Compares
National Average$4.8M
New Mexico$168K
Difference$4.6M (-96.5%)