Offices of Physicians, Mental Health Specialists in Minnesota

Revenue benchmarks for offices of physicians, mental health specialists businesses operating in Minnesota.

#19 of 50 states+9.8% vs national avg

Average Revenue

$710K

per year

💰

Businesses

130

in Minnesota

🏢

Revenue / Employee

$140K

per year

👤

Labor Cost

50.0%

of revenue

👥

Profit Margin

13.0%

industry average

📈

Market Saturation

2.3

firms per 100K in MN

🎯

Total Revenue

$92.3M

all firms in MN

💵

Total Employees

661

in MN

👷

How Minnesota Compares

National Average$646K
Minnesota$710K
Difference+$63K (+9.8%)