Sound Recording Studios in Minnesota

Revenue benchmarks for sound recording studios businesses operating in Minnesota.

#19 of 50 states-50.9% vs national avg

Average Revenue

$258K

per year

Businesses

21

in Minnesota

Revenue / Employee

$159K

per year

Labor Cost

40.0%

of revenue

Profit Margin

18.0%

industry average

Market Saturation

0.4

firms per 100K in MN

Total Revenue

$5.4M

all firms in MN

Total Employees

34

in MN

How Minnesota Compares

National Average$526K
Minnesota$258K
Difference$268K (-50.9%)