Collection Agencies in Minnesota
Revenue benchmarks for collection agencies businesses operating in Minnesota.
#6 of 50 states+79.8% vs national avg
Average Revenue
$6.5M
per year
Businesses
58
in Minnesota
Revenue / Employee
$111K
per year
Labor Cost
55.0%
of revenue
Profit Margin
8.0%
industry average
Market Saturation
1.0
firms per 100K in MN
Total Revenue
$379.2M
all firms in MN
Total Employees
3,412
in MN
How Minnesota Compares
National Average$3.6M
Minnesota$6.5M
Difference+$2.9M (+79.8%)