Taxi Service in Minnesota
Revenue benchmarks for taxi service businesses operating in Minnesota.
#17 of 50 states-41.8% vs national avg
Average Revenue
$2.4M
per year
Businesses
44
in Minnesota
Revenue / Employee
$387K
per year
Labor Cost
35.0%
of revenue
Profit Margin
5.0%
industry average
Market Saturation
0.8
firms per 100K in MN
Total Revenue
$104.8M
all firms in MN
Total Employees
271
in MN
How Minnesota Compares
National Average$4.1M
Minnesota$2.4M
Difference$1.7M (-41.8%)