Research and Development in Nanotechnology in West Virginia
Revenue benchmarks for research and development in nanotechnology businesses operating in West Virginia.
#31 of 50 states-85.9% vs national avg
Average Revenue
$4.5M
per year
Businesses
5
in West Virginia
Revenue / Employee
$168K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
0.3
firms per 100K in WV
Total Revenue
$22.7M
all firms in WV
Total Employees
135
in WV
How West Virginia Compares
National Average$32.3M
West Virginia$4.5M
Difference$27.8M (-85.9%)