New Multifamily Housing Construction (except For-Sale Builders) in Minnesota
Revenue benchmarks for new multifamily housing construction (except for-sale builders) businesses operating in Minnesota.
#7 of 50 states+35.4% vs national avg
Average Revenue
$5.9M
per year
Businesses
70
in Minnesota
Revenue / Employee
$319K
per year
Labor Cost
30.0%
of revenue
Profit Margin
7.0%
industry average
Market Saturation
1.2
firms per 100K in MN
Total Revenue
$415.7M
all firms in MN
Total Employees
1,304
in MN
How Minnesota Compares
National Average$4.4M
Minnesota$5.9M
Difference+$1.6M (+35.4%)