Tax Preparation Services in New Mexico
Revenue benchmarks for tax preparation services businesses operating in New Mexico.
#39 of 50 states-14.4% vs national avg
Average Revenue
$241K
per year
Businesses
102
in New Mexico
Revenue / Employee
$28K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
4.8
firms per 100K in NM
Total Revenue
$24.6M
all firms in NM
Total Employees
889
in NM
How New Mexico Compares
National Average$281K
New Mexico$241K
Difference$40K (-14.4%)