Insurance Agencies and Brokerages in Illinois

Revenue benchmarks for insurance agencies and brokerages businesses operating in Illinois.

#11 of 50 states+17.2% vs national avg

Average Revenue

$2.0M

per year

Businesses

5,624

in Illinois

Revenue / Employee

$312K

per year

Labor Cost

30.0%

of revenue

Profit Margin

15.0%

industry average

Market Saturation

43.9

firms per 100K in IL

Total Revenue

$11.1B

all firms in IL

Total Employees

35,628

in IL

How Illinois Compares

National Average$1.7M
Illinois$2.0M
Difference+$290K (+17.2%)