Residential Remodelers in Minnesota
Revenue benchmarks for residential remodelers businesses operating in Minnesota.
#20 of 50 states-6.4% vs national avg
Average Revenue
$544K
per year
Businesses
2,939
in Minnesota
Revenue / Employee
$199K
per year
Labor Cost
30.0%
of revenue
Profit Margin
7.0%
industry average
Market Saturation
51.5
firms per 100K in MN
Total Revenue
$1.6B
all firms in MN
Total Employees
8,052
in MN
How Minnesota Compares
National Average$581K
Minnesota$544K
Difference$37K (-6.4%)