Insurance Agencies and Brokerages in Indiana

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

#27 of 50 states-19.6% vs national avg

Average Revenue

$1.4M

per year

💰

Businesses

2,838

in Indiana

🏢

Revenue / Employee

$231K

per year

👤

Labor Cost

30.0%

of revenue

👥

Profit Margin

15.0%

industry average

📈

Market Saturation

41.8

firms per 100K in IN

🎯

Total Revenue

$3.8B

all firms in IN

💵

Total Employees

16,642

in IN

👷

How Indiana Compares

National Average$1.7M
Indiana$1.4M
Difference$330K (-19.6%)