Claims Adjusting Revenue Benchmarks

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

Average Revenue

$2.8M

per year

💰

Profit Margin

15.0%

industry average

📈

Revenue / Employee

$272K

per year

👤

Total Businesses

3,764

in the US

🏢

Est. Owner Income

$425K

small business avg

💵

Labor Cost

30.0%

of revenue

👥

Avg Employee Wage

$98K

per year (BLS)

💼

Market Saturation

1.1

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$266K
5-9 employees
$1.4M
10-19 employees
$3.1M
20-99 employees
$10.8M
100-499 employees
$36.0M
500+ employees
$136.1M

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

8.92%

openings/year

Closure Rate

9.79%

closings/year

Net Job Growth

+2.86%

annual

Businesses Closed

9,959

in 2023

Firm Count Trend

19
20
21
22
23
118,486 firms114,626 firms

💡 Should You Start a Claims Adjusting Business?

Startup Cost

$50K$250K

Break-Even

4 months

5-Year Survival Rate

50.0%

Compare Claims Adjusting revenue with other industries: