Insurance Agencies and Brokerages in North Dakota
Revenue benchmarks for insurance agencies and brokerages businesses operating in North Dakota.
#44 of 50 states-46.4% vs national avg
Average Revenue
$903K
per year
Businesses
587
in North Dakota
Revenue / Employee
$225K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
75.3
firms per 100K in ND
Total Revenue
$530.3M
all firms in ND
Total Employees
2,359
in ND
How North Dakota Compares
National Average$1.7M
North Dakota$903K
Difference$783K (-46.4%)