Direct Health and Medical Insurance Carriers in New Jersey
Revenue benchmarks for direct health and medical insurance carriers businesses operating in New Jersey.
#26 of 50 states-62.9% vs national avg
Average Revenue
$66.7M
per year
Businesses
55
in New Jersey
Revenue / Employee
$390K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
0.6
firms per 100K in NJ
Total Revenue
$3.7B
all firms in NJ
Total Employees
9,407
in NJ
How New Jersey Compares
National Average$179.5M
New Jersey$66.7M
Difference$112.9M (-62.9%)