Engineering Services Revenue Benchmarks
How much does the average engineering business make? Here are revenue benchmarks based on Census Bureau data.
Average Revenue
$5.0M
per year
Profit Margin
22.0%
industry average
Revenue / Employee
$202K
per year
Total Businesses
45,947
in the US
Est. Owner Income
$1.1M
small business avg
Labor Cost
50.0%
of revenue
Avg Employee Wage
$117K
per year (BLS)
Market Saturation
13.9
firms per 100K people
💰 Average Revenue by Business Size
1-4 employees
$236K
5-9 employees
$1.1M
10-19 employees
$2.3M
20-99 employees
$7.5M
100-499 employees
$33.6M
500+ employees
$199.2M
📊 Industry Dynamics (Census BDS 2023)
New Business Rate
9.05%
openings/year
Closure Rate
8.48%
closings/year
Net Job Growth
+4.14%
annual
Businesses Closed
6,584
in 2023
Firm Count Trend
19
20
21
22
23
82,191 firms82,804 firms
💡 Should You Start a Engineering Business?
Startup Cost
$10K – $75K
Break-Even
0 months
5-Year Survival Rate
60.0%
🆚 Related Industries
Compare Engineering Services revenue with other industries: