Musical Instrument Manufacturing in Ohio
Revenue benchmarks for musical instrument manufacturing businesses operating in Ohio.
#8 of 50 states+14.3% vs national avg
Average Revenue
$5.5M
per year
Businesses
18
in Ohio
Revenue / Employee
$228K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.2
firms per 100K in OH
Total Revenue
$98.9M
all firms in OH
Total Employees
433
in OH
How Ohio Compares
National Average$4.8M
Ohio$5.5M
Difference+$688K (+14.3%)