Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) in Illinois

Revenue benchmarks for research and development in the physical, engineering, and life sciences (except nanotechnology and biotechnology) businesses operating in Illinois.

#12 of 50 states-1.8% vs national avg

Average Revenue

$15.2M

per year

Businesses

270

in Illinois

Revenue / Employee

$315K

per year

Labor Cost

50.0%

of revenue

Profit Margin

22.0%

industry average

Market Saturation

2.1

firms per 100K in IL

Total Revenue

$4.1B

all firms in IL

Total Employees

13,009

in IL

How Illinois Compares

National Average$15.5M
Illinois$15.2M
Difference$281K (-1.8%)