Professional, Scientific & Technical Services in Minnesota — margin & local benchmarks
The professional, scientific & technical services industry's national net profit margin is 39.7% (national, owner-operator basis — no state-level margin exists in any public source). In Minnesota, there are 16,218 professional, scientific & technical services establishments.
39.7%net profit margin · owner-operator basis
Owner-operator basis (IRS SOI sole proprietorships, TY2023): net income less deficit ÷ business receipts, at NAICS 54 (Professional, Scientific & Technical Services). Sole-proprietor labor is not expensed, so this overstates corporate-style profit. Profit margin is published only nationally (IRS SOI);
this site never adjusts it to look local — see methodology.
Professional, Scientific & Technical Services in Minnesota
Local counts from Census County Business Patterns (2023) and BLS QCEW. Establishment counts survive disclosure suppression; payroll/wage cells may be withheld and are then shown as insufficient data.
| Metric | Value | |
|---|---|---|
| Establishments in Minnesota | 16,218 | State 2023 source ↗ |
| Employment in Minnesota | 195,107 | State 2023 source ↗ |
| Annual payroll in Minnesota | $19,306,432,000 | State 2023 source ↗ |
| Average weekly wage in Minnesota | $2,348 | State 2024 source ↗ |
Business survival rates by firm age are published by Census BDS at the national level only (not by state or industry jointly) — so no local survival figure is shown here, rather than a misleading one.
Metro-level counts, multi-year trends, and geography-to-geography comparison are available to subscribers. This page shows the current national margin plus current Minnesota counts.
Frequently asked
How many professional, scientific & technical services businesses are in Minnesota?
16,218 establishments (Census County Business Patterns, 2023).
What is the average professional, scientific & technical services wage in Minnesota?
$2,348 per week (BLS QCEW 2024, private sector).
What profit margin do professional, scientific & technical services businesses make?
About 39.7% net margin nationally (owner-operator basis, IRS SOI) — no state-level margin is published.
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