Testing Laboratories in New Jersey
Revenue benchmarks for testing laboratories businesses operating in New Jersey.
#4 of 50 states+35.9% vs national avg
Average Revenue
$5.5M
per year
Businesses
175
in New Jersey
Revenue / Employee
$154K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
1.9
firms per 100K in NJ
Total Revenue
$954.3M
all firms in NJ
Total Employees
6,215
in NJ
How New Jersey Compares
National Average$4.0M
New Jersey$5.5M
Difference+$1.4M (+35.9%)