Business Associations Revenue Benchmarks

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

Average Revenue

$1.7M

per year

💰

Profit Margin

8.0%

industry average

📈

Revenue / Employee

$247K

per year

👤

Total Businesses

14,594

in the US

🏢

Est. Owner Income

$138K

small business avg

💵

Labor Cost

38.0%

of revenue

👥

Avg Employee Wage

$103K

per year (BLS)

💼

Market Saturation

4.4

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$299K
5-9 employees
$1.3M
10-19 employees
$3.0M
20-99 employees
$10.1M
100-499 employees
$47.0M
500+ employees
$97.3M

🏆 Highest Revenue States

1.Virginia$4.7M avg2.Illinois$2.9M avg3.Connecticut$2.5M avg4.Maryland$2.2M avg5.New York$2.1M avg6.New Jersey$1.7M avg7.Alabama$1.6M avg8.Georgia$1.6M avg9.Tennessee$1.5M avg10.California$1.5M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

5.16%

openings/year

Closure Rate

6.41%

closings/year

Net Job Growth

+1.56%

annual

Businesses Closed

2,699

in 2023

Firm Count Trend

19
20
21
22
23
51,528 firms48,661 firms

💡 Should You Start a Business Associations Business?

Startup Cost

$30K – $150K

Break-Even

8 months

5-Year Survival Rate

50.0%

🆚 Related Industries

Religious Organizations$559KGeneral Automotive Repair$563KBeauty Salons$399KNail Salons$253KAutomotive Body, Paint, and Interior Repair and Maintenance$1.0M

Compare Business Associations revenue with other industries:

vs Religiousvs Generalvs Beauty