Claims Adjusting in Minnesota
Revenue benchmarks for claims adjusting businesses operating in Minnesota.
#21 of 50 states-47.6% vs national avg
Average Revenue
$1.5M
per year
Businesses
67
in Minnesota
Revenue / Employee
$184K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
1.2
firms per 100K in MN
Total Revenue
$99.5M
all firms in MN
Total Employees
540
in MN
How Minnesota Compares
National Average$2.8M
Minnesota$1.5M
Difference$1.4M (-47.6%)