Colleges, Universities, and Professional Schools Revenue Benchmarks
How much does the average colleges, universities, and professional schools business make? Here are revenue benchmarks based on Census Bureau data.
Average Revenue
$64.9M
per year
Profit Margin
10.0%
industry average
Revenue / Employee
$95K
per year
Total Businesses
2,494
in the US
Est. Owner Income
$6.5M
small business avg
Labor Cost
55.0%
of revenue
Avg Employee Wage
$81K
per year (BLS)
Market Saturation
0.8
firms per 100K people
💰 Average Revenue by Business Size
1-4 employees
$257K
5-9 employees
$492K
10-19 employees
$1.1M
20-99 employees
$3.6M
100-499 employees
$18.5M
500+ employees
$206.1M
📊 Industry Dynamics (Census BDS 2023)
New Business Rate
4.23%
openings/year
Closure Rate
10.66%
closings/year
Net Job Growth
+2.98%
annual
Businesses Closed
110
in 2023
Firm Count Trend
19
20
21
22
23
2,368 firms2,335 firms
💡 Should You Start a Colleges, Universities, and Professional Schools Business?
Startup Cost
$50K – $250K
Break-Even
0 months
5-Year Survival Rate
50.0%
🆚 Related Industries
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