Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) in North Carolina
Revenue benchmarks for research and development in the physical, engineering, and life sciences (except nanotechnology and biotechnology) businesses operating in North Carolina.
#17 of 50 states-17.8% vs national avg
Average Revenue
$12.7M
per year
Businesses
382
in North Carolina
Revenue / Employee
$276K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
3.7
firms per 100K in NC
Total Revenue
$4.9B
all firms in NC
Total Employees
17,602
in NC
How North Carolina Compares
National Average$15.5M
North Carolina$12.7M
Difference$2.8M (-17.8%)