Medicinal and Botanical Manufacturing — Average Employee Salary
The average employee in the medicinal and botanical manufacturing industry earns $132,191 per year ($63.55/hour), according to Bureau of Labor Statistics QCEW data.
What Do Medicinal and Botanical Manufacturing Workers Earn?
At $132,191/year (equivalent to $63.55/hour for a full-time worker), medicinal and botanical manufacturing wages are significantly above the national average of ~$65,000.
Higher wages in this industry typically reflect specialized skills, professional certifications, or technical expertise required for the work. Employers competing for talent in this space face elevated labor costs.
The typical medicinal and botanical manufacturing business employs 29 people. These are larger operations where staffing represents a major cost center and management complexity.
Wages as a Percentage of Revenue
For the average medicinal and botanical manufacturing business generating $21.0M/year with 29 employees at $132,191 each, total payroll represents roughly 18.2% 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 medicinal and botanical manufacturingbusiness, here's what the wage data means for your bottom line:
- Per-employee cost: Budget approximately $171,848/year per employee (salary + ~30% for benefits, taxes, and insurance).
- Typical team size: 29 employees = ~$3,833,539/year in base payroll.
- Hourly equivalent: $63.55/hour base — factor this into pricing and project estimates.
- Revenue needed: With average revenue of $21.0M/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 Medicinal and Botanical Manufacturing revenue benchmarks →Frequently Asked Questions
- How much do medicinal and botanical manufacturing employees make?
- The average medicinal and botanical manufacturing employee earns $132,191 per year, which is equivalent to $63.55/hour for a full-time worker (2,080 hours/year). This is above the national average of approximately $65,000.
- How many people work in the medicinal and botanical manufacturing industry?
- The medicinal and botanical manufacturing industry employs 42,309 workers across 1,445 establishments in the United States. The average business in this industry has approximately 29 employees.
Source: Bureau of Labor Statistics, Quarterly Census of Employment and Wages (QCEW 2023).