Insurance Agencies and Brokerages in West Virginia
Revenue benchmarks for insurance agencies and brokerages businesses operating in West Virginia.
#48 of 50 states-53.5% vs national avg
Average Revenue
$785K
per year
Businesses
580
in West Virginia
Revenue / Employee
$173K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
32.3
firms per 100K in WV
Total Revenue
$455.1M
all firms in WV
Total Employees
2,630
in WV
How West Virginia Compares
National Average$1.7M
West Virginia$785K
Difference$901K (-53.5%)