Offices of Physicians (except Mental Health Specialists) in Maryland
Revenue benchmarks for offices of physicians (except mental health specialists) businesses operating in Maryland.
#32 of 50 states-12.1% vs national avg
Average Revenue
$3.2M
per year
Businesses
2,776
in Maryland
Revenue / Employee
$195K
per year
Labor Cost
50.0%
of revenue
Profit Margin
13.0%
industry average
Market Saturation
44.9
firms per 100K in MD
Total Revenue
$9.0B
all firms in MD
Total Employees
46,339
in MD
How Maryland Compares
National Average$3.7M
Maryland$3.2M
Difference$447K (-12.1%)