Funeral Homes and Funeral Services Revenue Benchmarks
How much does the average funeral homes and funeral business make? Here are revenue benchmarks based on Census Bureau data.
Average Revenue
$1.0M
per year
Profit Margin
8.0%
industry average
Revenue / Employee
$112K
per year
Total Businesses
10,931
in the US
Est. Owner Income
$84K
small business avg
Labor Cost
38.0%
of revenue
Avg Employee Wage
$47K
per year (BLS)
Market Saturation
3.3
firms per 100K people
💰 Average Revenue by Business Size
1-4 employees
$279K
5-9 employees
$731K
10-19 employees
$1.3M
20-99 employees
$3.3M
100-499 employees
$12.0M
500+ employees
$271.4M
📊 Industry Dynamics (Census BDS 2023)
New Business Rate
4.21%
openings/year
Closure Rate
5.3%
closings/year
Net Job Growth
-1.72%
annual
Businesses Closed
678
in 2023
Firm Count Trend
19
20
21
22
23
13,807 firms13,145 firms
💡 Should You Start a Funeral Homes and Funeral Business?
Startup Cost
$30K – $150K
Break-Even
13 months
5-Year Survival Rate
50.0%
🆚 Related Industries
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