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

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

#43 of 50 states-88.2% vs national avg

Average Revenue

$1.8M

per year

Businesses

70

in South Carolina

Revenue / Employee

$189K

per year

Labor Cost

50.0%

of revenue

Profit Margin

22.0%

industry average

Market Saturation

1.4

firms per 100K in SC

Total Revenue

$128.1M

all firms in SC

Total Employees

677

in SC

How South Carolina Compares

National Average$15.5M
South Carolina$1.8M
Difference$13.6M (-88.2%)