Research and Development in the Social Sciences and Humanities in West Virginia
Revenue benchmarks for research and development in the social sciences and humanities businesses operating in West Virginia.
#5 of 50 states+24.1% vs national avg
Average Revenue
$4.9M
per year
Businesses
7
in West Virginia
Revenue / Employee
$62K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
0.4
firms per 100K in WV
Total Revenue
$34.5M
all firms in WV
Total Employees
559
in WV
How West Virginia Compares
National Average$4.0M
West Virginia$4.9M
Difference+$957K (+24.1%)