Insurance Agencies and Brokerages in Connecticut
Revenue benchmarks for insurance agencies and brokerages businesses operating in Connecticut.
#5 of 50 states+47.4% vs national avg
Average Revenue
$2.5M
per year
Businesses
1,128
in Connecticut
Revenue / Employee
$312K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
31.3
firms per 100K in CT
Total Revenue
$2.8B
all firms in CT
Total Employees
8,989
in CT
How Connecticut Compares
National Average$1.7M
Connecticut$2.5M
Difference+$799K (+47.4%)