Research and Development in the Social Sciences and Humanities in Minnesota

Revenue benchmarks for research and development in the social sciences and humanities businesses operating in Minnesota.

#32 of 50 states-82.4% vs national avg

Average Revenue

$698K

per year

💰

Businesses

30

in Minnesota

🏢

Revenue / Employee

$124K

per year

👤

Labor Cost

50.0%

of revenue

👥

Profit Margin

22.0%

industry average

📈

Market Saturation

0.5

firms per 100K in MN

🎯

Total Revenue

$20.9M

all firms in MN

💵

Total Employees

169

in MN

👷

How Minnesota Compares

National Average$4.0M
Minnesota$698K
Difference$3.3M (-82.4%)