Insurance Agencies and Brokerages in Alabama
Revenue benchmarks for insurance agencies and brokerages businesses operating in Alabama.
#28 of 50 states-20.8% vs national avg
Average Revenue
$1.3M
per year
Businesses
1,629
in Alabama
Revenue / Employee
$267K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
32.4
firms per 100K in AL
Total Revenue
$2.2B
all firms in AL
Total Employees
8,130
in AL
How Alabama Compares
National Average$1.7M
Alabama$1.3M
Difference$351K (-20.8%)