Photography Studios, Portrait in New Mexico
Revenue benchmarks for photography studios, portrait businesses operating in New Mexico.
#31 of 50 states-33.2% vs national avg
Average Revenue
$157K
per year
Businesses
31
in New Mexico
Revenue / Employee
$51K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
1.5
firms per 100K in NM
Total Revenue
$4.9M
all firms in NM
Total Employees
95
in NM
How New Mexico Compares
National Average$235K
New Mexico$157K
Difference$78K (-33.2%)