General Freight Trucking, Local Revenue Benchmarks

How much does the average general freight trucking, local business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$984K

per year

💰

Profit Margin

5.0%

industry average

📈

Revenue / Employee

$134K

per year

👤

Total Businesses

40,240

in the US

🏢

Est. Owner Income

$49K

small business avg

💵

Labor Cost

35.0%

of revenue

👥

Avg Employee Wage

$61K

per year (BLS)

💼

Market Saturation

12.1

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$166K
5-9 employees
$892K
10-19 employees
$1.9M
20-99 employees
$5.0M
100-499 employees
$13.3M
500+ employees
$59.3M

🏆 Highest Revenue States

1.Hawaii$3.0M avg2.Alaska$2.1M avg3.New Hampshire$1.9M avg4.Tennessee$1.9M avg5.Ohio$1.6M avg6.Oregon$1.6M avg7.Wisconsin$1.6M avg8.New Jersey$1.4M avg9.Washington$1.4M avg10.Kentucky$1.4M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

19.33%

openings/year

Closure Rate

19.34%

closings/year

Net Job Growth

+1.21%

annual

Businesses Closed

16,550

in 2023

Firm Count Trend

19
20
21
22
23
62,496 firms85,244 firms

💡 Should You Start a General Freight Trucking, Local Business?

Startup Cost

$30K – $200K

Break-Even

28 months

5-Year Survival Rate

45.0%

🆚 Related Industries

General Freight Trucking, Long-Distance, Truckload$1.8MSpecialized Freight (except Used Goods) Trucking, Local$1.2MFreight Transportation Arrangement$3.8MSpecialized Freight (except Used Goods) Trucking, Long-Distance$2.9MMotor Vehicle Towing$870K

Compare General Freight Trucking, Local revenue with other industries:

vs Generalvs Specializedvs Freight