Research and Development in the Social Sciences and Humanities in Virginia
Revenue benchmarks for research and development in the social sciences and humanities businesses operating in Virginia.
#3 of 50 states+90.5% vs national avg
Average Revenue
$7.6M
per year
Businesses
85
in Virginia
Revenue / Employee
$210K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
1.0
firms per 100K in VA
Total Revenue
$643.4M
all firms in VA
Total Employees
3,064
in VA
How Virginia Compares
National Average$4.0M
Virginia$7.6M
Difference+$3.6M (+90.5%)