Insurance Agencies and Brokerages in New York
Revenue benchmarks for insurance agencies and brokerages businesses operating in New York.
#3 of 50 states+66.0% vs national avg
Average Revenue
$2.8M
per year
Businesses
5,960
in New York
Revenue / Employee
$351K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
29.5
firms per 100K in NY
Total Revenue
$16.7B
all firms in NY
Total Employees
47,522
in NY
How New York Compares
National Average$1.7M
New York$2.8M
Difference+$1.1M (+66.0%)