Musical Instrument Manufacturing in North Carolina
Revenue benchmarks for musical instrument manufacturing businesses operating in North Carolina.
#10 of 50 states-31.2% vs national avg
Average Revenue
$3.3M
per year
Businesses
17
in North Carolina
Revenue / Employee
$229K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.2
firms per 100K in NC
Total Revenue
$56.2M
all firms in NC
Total Employees
245
in NC
How North Carolina Compares
National Average$4.8M
North Carolina$3.3M
Difference$1.5M (-31.2%)