Plumbing, Heating, and Air-Conditioning Contractors in Minnesota
Revenue benchmarks for plumbing, heating, and air-conditioning contractors businesses operating in Minnesota.
#7 of 50 states+15.2% vs national avg
Average Revenue
$2.8M
per year
Businesses
1,827
in Minnesota
Revenue / Employee
$258K
per year
Labor Cost
30.0%
of revenue
Profit Margin
7.0%
industry average
Market Saturation
32.0
firms per 100K in MN
Total Revenue
$5.0B
all firms in MN
Total Employees
19,511
in MN
How Minnesota Compares
National Average$2.4M
Minnesota$2.8M
Difference+$364K (+15.2%)