Other Sound Recording Industries in Minnesota
Revenue benchmarks for other sound recording industries businesses operating in Minnesota.
#4 of 50 states+125.9% vs national avg
Average Revenue
$1.5M
per year
Businesses
9
in Minnesota
Revenue / Employee
$235K
per year
Labor Cost
40.0%
of revenue
Profit Margin
18.0%
industry average
Market Saturation
0.2
firms per 100K in MN
Total Revenue
$13.4M
all firms in MN
Total Employees
57
in MN
How Minnesota Compares
National Average$658K
Minnesota$1.5M
Difference+$829K (+125.9%)