Collection Agencies Revenue Benchmarks

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

Average Revenue

$3.6M

per year

💰

Profit Margin

8.0%

industry average

📈

Revenue / Employee

$87K

per year

👤

Total Businesses

2,748

in the US

🏢

Est. Owner Income

$291K

small business avg

💵

Labor Cost

55.0%

of revenue

👥

Avg Employee Wage

$63K

per year (BLS)

💼

Market Saturation

0.8

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$193K
5-9 employees
$596K
10-19 employees
$1.2M
20-99 employees
$3.8M
100-499 employees
$18.1M
500+ employees
$58.5M

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

8.81%

openings/year

Closure Rate

13.14%

closings/year

Net Job Growth

-7.8%

annual

Businesses Closed

2,058

in 2023

Firm Count Trend

19
20
21
22
23
20,843 firms19,450 firms

💡 Should You Start a Collection Agencies Business?

Startup Cost

$50K$250K

Break-Even

6 months

5-Year Survival Rate

50.0%

Compare Collection Agencies revenue with other industries: