Research and Development in the Social Sciences and Humanities in New Mexico
Revenue benchmarks for research and development in the social sciences and humanities businesses operating in New Mexico.
#18 of 50 states-62.1% vs national avg
Average Revenue
$1.5M
per year
Businesses
22
in New Mexico
Revenue / Employee
$36K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
1.0
firms per 100K in NM
Total Revenue
$33.2M
all firms in NM
Total Employees
928
in NM
How New Mexico Compares
National Average$4.0M
New Mexico$1.5M
Difference$2.5M (-62.1%)