Plate Work Manufacturing Revenue Benchmarks
How much does the average plate work manufacturing business make? Here are revenue benchmarks based on Census Bureau data.
Average Revenue
$6.4M
per year
Profit Margin
10.0%
industry average
Revenue / Employee
$261K
per year
Total Businesses
1,506
in the US
Est. Owner Income
$641K
small business avg
Labor Cost
22.0%
of revenue
Avg Employee Wage
$73K
per year (BLS)
Market Saturation
0.5
firms per 100K people
💰 Average Revenue by Business Size
1-4 employees
$540K
5-9 employees
$1.5M
10-19 employees
$3.4M
20-99 employees
$10.1M
100-499 employees
$33.4M
500+ employees
$40.5M
📊 Industry Dynamics (Census BDS 2023)
New Business Rate
6.04%
openings/year
Closure Rate
6.03%
closings/year
Net Job Growth
+2.91%
annual
Businesses Closed
678
in 2023
Firm Count Trend
19
20
21
22
23
11,768 firms12,393 firms
💡 Should You Start a Plate Work Manufacturing Business?
Startup Cost
$50K – $250K
Break-Even
3 months
5-Year Survival Rate
50.0%
🆚 Related Industries
Compare Plate Work Manufacturing revenue with other industries: