Research and Development in the Social Sciences and Humanities in Maryland
Revenue benchmarks for research and development in the social sciences and humanities businesses operating in Maryland.
#1 of 50 states+215.7% vs national avg
Average Revenue
$12.5M
per year
Businesses
69
in Maryland
Revenue / Employee
$149K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
1.1
firms per 100K in MD
Total Revenue
$865.8M
all firms in MD
Total Employees
5,804
in MD
How Maryland Compares
National Average$4.0M
Maryland$12.5M
Difference+$8.6M (+215.7%)