Nonupholstered Wood Household Furniture Manufacturing Revenue Benchmarks

How much does the average nonupholstered wood household furniture manufacturing business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$1.9M

per year

💰

Profit Margin

10.0%

industry average

📈

Revenue / Employee

$182K

per year

👤

Total Businesses

2,031

in the US

🏢

Est. Owner Income

$193K

small business avg

💵

Labor Cost

22.0%

of revenue

👥

Avg Employee Wage

$49K

per year (BLS)

💼

Market Saturation

0.6

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$315K
5-9 employees
$1.1M
10-19 employees
$2.5M
20-99 employees
$7.7M
100-499 employees
$26.0M
500+ employees
$72.3M

🏆 Highest Revenue States

1.Maryland$4.8M avg2.Arizona$4.8M avg3.South Dakota$4.6M avg4.Virginia$4.5M avg5.Vermont$3.9M avg6.Ohio$3.8M avg7.Alabama$3.5M avg8.Mississippi$3.4M avg9.North Carolina$3.0M avg10.Tennessee$2.9M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

7.56%

openings/year

Closure Rate

8.89%

closings/year

Net Job Growth

-6.55%

annual

Businesses Closed

713

in 2023

Firm Count Trend

19
20
21
22
23
9,047 firms8,946 firms

💡 Should You Start a Nonupholstered Wood Household Furniture Manufacturing Business?

Startup Cost

$50K – $250K

Break-Even

9 months

5-Year Survival Rate

50.0%

🆚 Related Industries

Machine Shops$3.2MCommercial Printing (except Screen and Books)$5.8MRetail Bakeries$1.8MWood Kitchen Cabinet and Countertop Manufacturing$3.3MSign Manufacturing$2.9M

Compare Nonupholstered Wood Household Furniture Manufacturing revenue with other industries:

vs Machinevs Commercialvs Retail