Musical Instrument Manufacturing in Virginia
Revenue benchmarks for musical instrument manufacturing businesses operating in Virginia.
#16 of 50 states-47.8% vs national avg
Average Revenue
$2.5M
per year
Businesses
15
in Virginia
Revenue / Employee
$175K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.2
firms per 100K in VA
Total Revenue
$37.6M
all firms in VA
Total Employees
215
in VA
How Virginia Compares
National Average$4.8M
Virginia$2.5M
Difference$2.3M (-47.8%)