Soil Preparation, Planting, and Cultivating in New Mexico
Revenue benchmarks for soil preparation, planting, and cultivating businesses operating in New Mexico.
#13 of 50 states+7.2% vs national avg
Average Revenue
$1.6M
per year
Businesses
13
in New Mexico
Revenue / Employee
$209K
per year
Labor Cost
20.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
0.6
firms per 100K in NM
Total Revenue
$21.3M
all firms in NM
Total Employees
102
in NM
How New Mexico Compares
National Average$1.5M
New Mexico$1.6M
Difference+$110K (+7.2%)