Insurance Agencies and Brokerages in South Dakota
Revenue benchmarks for insurance agencies and brokerages businesses operating in South Dakota.
#43 of 50 states-45.9% vs national avg
Average Revenue
$912K
per year
Businesses
670
in South Dakota
Revenue / Employee
$208K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
75.6
firms per 100K in SD
Total Revenue
$611.0M
all firms in SD
Total Employees
2,939
in SD
How South Dakota Compares
National Average$1.7M
South Dakota$912K
Difference$774K (-45.9%)