Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) in Kentucky
Revenue benchmarks for research and development in the physical, engineering, and life sciences (except nanotechnology and biotechnology) businesses operating in Kentucky.
#40 of 50 states-85.0% vs national avg
Average Revenue
$2.3M
per year
Businesses
66
in Kentucky
Revenue / Employee
$187K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
1.5
firms per 100K in KY
Total Revenue
$153.0M
all firms in KY
Total Employees
820
in KY
How Kentucky Compares
National Average$15.5M
Kentucky$2.3M
Difference$13.1M (-85.0%)