Farm Management Services Revenue Benchmarks

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

Average Revenue

$2.7M

per year

💰

Profit Margin

22.0%

industry average

📈

Revenue / Employee

$301K

per year

👤

Total Businesses

667

in the US

🏢

Est. Owner Income

$597K

small business avg

💵

Labor Cost

20.0%

of revenue

👥

Avg Employee Wage

$51K

per year (BLS)

💼

Market Saturation

0.2

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$424K
5-9 employees
$2.0M
10-19 employees
$4.4M
20-99 employees
$12.5M
100-499 employees
$37.0M
500+ employees
$69.5M

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

9.8%

openings/year

Closure Rate

11.14%

closings/year

Net Job Growth

-5.32%

annual

Businesses Closed

399

in 2023

Firm Count Trend

19
20
21
22
23
3,836 firms3,850 firms

💡 Should You Start a Farm Management Business?

Startup Cost

$50K$250K

Break-Even

3 months

5-Year Survival Rate

50.0%

Compare Farm Management Services revenue with other industries: