Ambulance Services Revenue Benchmarks

How much does the average ambulance business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$5.3M

per year

💰

Profit Margin

13.0%

industry average

📈

Revenue / Employee

$90K

per year

👤

Total Businesses

2,997

in the US

🏢

Est. Owner Income

$694K

small business avg

💵

Labor Cost

50.0%

of revenue

👥

Avg Employee Wage

$57K

per year (BLS)

💼

Market Saturation

0.9

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$180K
5-9 employees
$400K
10-19 employees
$782K
20-99 employees
$2.9M
100-499 employees
$15.5M
500+ employees
$89.7M

🏆 Highest Revenue States

1.Louisiana$29.1M avg2.Hawaii$18.9M avg3.Nevada$18.6M avg4.Washington$18.4M avg5.Colorado$13.6M avg6.California$13.6M avg7.Utah$12.7M avg8.Arizona$12.4M avg9.Oregon$11.2M avg10.Massachusetts$10.3M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

9.88%

openings/year

Closure Rate

8.38%

closings/year

Net Job Growth

+2.04%

annual

Businesses Closed

855

in 2023

Firm Count Trend

19
20
21
22
23
6,374 firms10,354 firms

💡 Should You Start a Ambulance Business?

Startup Cost

$75K – $300K

Break-Even

3 months

5-Year Survival Rate

70.0%

🆚 Related Industries

Offices of Physicians (except Mental Health Specialists)$3.7MOffices of Dentists$915KChild Day Care Services$750KOffices of Chiropractors$280KOffices of Mental Health Practitioners (except Physicians)$443K

Compare Ambulance Services revenue with other industries:

vs Officesvs Officesvs Child