General Warehousing and Storage Revenue Benchmarks

How much does the average general warehousing and storage business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$22.6M

per year

💰

Profit Margin

5.0%

industry average

📈

Revenue / Employee

$136K

per year

👤

Total Businesses

6,459

in the US

🏢

Est. Owner Income

$1.1M

small business avg

💵

Labor Cost

35.0%

of revenue

👥

Avg Employee Wage

$51K

per year (BLS)

💼

Market Saturation

1.9

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$300K
5-9 employees
$869K
10-19 employees
$1.6M
20-99 employees
$4.1M
100-499 employees
$10.3M
500+ employees
$120.0M

🏆 Highest Revenue States

1.Pennsylvania$27.3M avg2.Ohio$25.2M avg3.California$21.5M avg4.Kentucky$20.3M avg5.Georgia$19.7M avg6.Illinois$19.5M avg7.Tennessee$19.3M avg8.Indiana$18.0M avg9.Kansas$17.3M avg10.Texas$17.1M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

9.86%

openings/year

Closure Rate

6.93%

closings/year

Net Job Growth

+1.73%

annual

Businesses Closed

528

in 2023

Firm Count Trend

19
20
21
22
23
7,730 firms8,576 firms

💡 Should You Start a General Warehousing and Storage Business?

Startup Cost

$50K – $250K

Break-Even

2 months

5-Year Survival Rate

50.0%

🆚 Related Industries

Couriers and Express Delivery Services$20.9MLocal Messengers and Local Delivery$4.3MOther Warehousing and Storage$8.9MRefrigerated Warehousing and Storage$10.8M

Compare General Warehousing and Storage revenue with other industries:

vs Couriersvs Localvs Other