Insurance Agencies and Brokerages in Utah
Revenue benchmarks for insurance agencies and brokerages businesses operating in Utah.
#21 of 50 states-6.9% vs national avg
Average Revenue
$1.6M
per year
Businesses
1,587
in Utah
Revenue / Employee
$242K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
48.5
firms per 100K in UT
Total Revenue
$2.5B
all firms in UT
Total Employees
10,270
in UT
How Utah Compares
National Average$1.7M
Utah$1.6M
Difference$117K (-6.9%)