Institutional Furniture Manufacturing — Average Employee Salary
The average employee in the institutional furniture manufacturing industry earns $61,375 per year ($29.51/hour), according to Bureau of Labor Statistics QCEW data.
What Do Institutional Furniture Manufacturing Workers Earn?
At $61,375/year (equivalent to $29.51/hour for a full-time worker), institutional furniture manufacturing wages are near the national average of ~$65,000.
The typical institutional furniture manufacturing business employs 32 people. These are larger operations where staffing represents a major cost center and management complexity.
Wages as a Percentage of Revenue
For the average institutional furniture manufacturing business generating $9.2M/year with 32 employees at $61,375 each, total payroll represents roughly 21.3% of revenue. Labor costs are relatively low compared to revenue — other costs (materials, equipment, overhead) dominate.
What This Means for Business Owners
If you're starting or running a institutional furniture manufacturingbusiness, here's what the wage data means for your bottom line:
- Per-employee cost: Budget approximately $79,788/year per employee (salary + ~30% for benefits, taxes, and insurance).
- Typical team size: 32 employees = ~$1,964,000/year in base payroll.
- Hourly equivalent: $29.51/hour base — factor this into pricing and project estimates.
- Revenue needed: With average revenue of $9.2M/business, you need strong utilization rates to maintain healthy margins after payroll.
See how these wages compare to total revenue and profit margins.
View full Institutional Furniture Manufacturing revenue benchmarks →Frequently Asked Questions
- How much do institutional furniture manufacturing employees make?
- The average institutional furniture manufacturing employee earns $61,375 per year, which is equivalent to $29.51/hour for a full-time worker (2,080 hours/year). This is below the national average of approximately $65,000.
- How many people work in the institutional furniture manufacturing industry?
- The institutional furniture manufacturing industry employs 23,148 workers across 729 establishments in the United States. The average business in this industry has approximately 32 employees.
Source: Bureau of Labor Statistics, Quarterly Census of Employment and Wages (QCEW 2023).