Insurance Agencies and Brokerages in Kentucky
Revenue benchmarks for insurance agencies and brokerages businesses operating in Kentucky.
#37 of 50 states-31.6% vs national avg
Average Revenue
$1.2M
per year
Businesses
1,705
in Kentucky
Revenue / Employee
$225K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
37.8
firms per 100K in KY
Total Revenue
$2.0B
all firms in KY
Total Employees
8,724
in KY
How Kentucky Compares
National Average$1.7M
Kentucky$1.2M
Difference$533K (-31.6%)