Jewelry Stores Revenue Benchmarks

How much does the average jewelry stores business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$2.4M

per year

💰

Profit Margin

4.0%

industry average

📈

Revenue / Employee

$344K

per year

👤

Total Businesses

13,873

in the US

🏢

Est. Owner Income

$95K

small business avg

💵

Labor Cost

14.0%

of revenue

👥

Avg Employee Wage

N/A

per year (BLS)

💼

Market Saturation

4.2

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$529K
5-9 employees
$2.0M
10-19 employees
$4.9M
20-99 employees
$15.5M
100-499 employees
$60.7M
500+ employees
$458.0M

🏆 Highest Revenue States

1.Nevada$5.0M avg2.Nebraska$3.1M avg3.South Dakota$3.0M avg4.Washington$2.9M avg5.Oregon$2.9M avg6.Utah$2.8M avg7.Indiana$2.8M avg8.Iowa$2.8M avg9.North Dakota$2.8M avg10.Hawaii$2.7M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

7.68%

openings/year

Closure Rate

6.26%

closings/year

Net Job Growth

+1.66%

annual

Businesses Closed

871

in 2023

Firm Count Trend

19
20
21
22
23
13,697 firms12,994 firms

💡 Should You Start a Jewelry Stores Business?

Startup Cost

$75K – $400K

Break-Even

30 months

5-Year Survival Rate

48.0%

🆚 Related Industries

Gasoline Stations with Convenience Stores$6.0MElectronic Shopping and Mail-Order Houses$5.8MSupermarkets and Other Grocery (except Convenience) Stores$16.2MConvenience Stores$879KBeer, Wine, and Liquor Stores$1.1M

Compare Jewelry Stores revenue with other industries:

vs Gasolinevs Electronicvs Supermarkets