Photography Studios, Portrait in Minnesota
Revenue benchmarks for photography studios, portrait businesses operating in Minnesota.
#27 of 50 states-24.2% vs national avg
Average Revenue
$178K
per year
Businesses
230
in Minnesota
Revenue / Employee
$67K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
4.0
firms per 100K in MN
Total Revenue
$40.9M
all firms in MN
Total Employees
610
in MN
How Minnesota Compares
National Average$235K
Minnesota$178K
Difference$57K (-24.2%)