Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) in Iowa
Revenue benchmarks for research and development in the physical, engineering, and life sciences (except nanotechnology and biotechnology) businesses operating in Iowa.
#21 of 50 states-43.3% vs national avg
Average Revenue
$8.8M
per year
Businesses
61
in Iowa
Revenue / Employee
$223K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
1.9
firms per 100K in IA
Total Revenue
$534.8M
all firms in IA
Total Employees
2,402
in IA
How Iowa Compares
National Average$15.5M
Iowa$8.8M
Difference$6.7M (-43.3%)