Taxi Service in Maryland
Revenue benchmarks for taxi service businesses operating in Maryland.
#18 of 50 states-45.6% vs national avg
Average Revenue
$2.2M
per year
Businesses
46
in Maryland
Revenue / Employee
$274K
per year
Labor Cost
35.0%
of revenue
Profit Margin
5.0%
industry average
Market Saturation
0.7
firms per 100K in MD
Total Revenue
$102.6M
all firms in MD
Total Employees
375
in MD
How Maryland Compares
National Average$4.1M
Maryland$2.2M
Difference$1.9M (-45.6%)