Insurance Agencies and Brokerages in Tennessee
Revenue benchmarks for insurance agencies and brokerages businesses operating in Tennessee.
#25 of 50 states-16.5% vs national avg
Average Revenue
$1.4M
per year
Businesses
2,342
in Tennessee
Revenue / Employee
$250K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
33.9
firms per 100K in TN
Total Revenue
$3.3B
all firms in TN
Total Employees
13,182
in TN
How Tennessee Compares
National Average$1.7M
Tennessee$1.4M
Difference$278K (-16.5%)