Lessors of Residential Buildings and Dwellings Revenue Benchmarks

How much does the average lessors of residential buildings and dwellings business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$1.2M

per year

💰

Profit Margin

20.0%

industry average

📈

Revenue / Employee

$196K

per year

👤

Total Businesses

54,064

in the US

🏢

Est. Owner Income

$244K

small business avg

💵

Labor Cost

25.0%

of revenue

👥

Avg Employee Wage

$61K

per year (BLS)

💼

Market Saturation

16.3

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$238K
5-9 employees
$1.1M
10-19 employees
$2.3M
20-99 employees
$6.6M
100-499 employees
$23.8M
500+ employees
$72.3M

🏆 Highest Revenue States

1.Maryland$2.8M avg2.Virginia$2.5M avg3.Georgia$2.0M avg4.Arizona$1.9M avg5.Nevada$1.9M avg6.Massachusetts$1.8M avg7.Illinois$1.7M avg8.Colorado$1.5M avg9.Minnesota$1.5M avg10.Texas$1.5M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

11.09%

openings/year

Closure Rate

9.5%

closings/year

Net Job Growth

+2.45%

annual

Businesses Closed

9,235

in 2023

Firm Count Trend

19
20
21
22
23
87,210 firms86,663 firms

💡 Should You Start a Lessors of Residential Buildings and Dwellings Business?

Startup Cost

$50K – $250K

Break-Even

7 months

5-Year Survival Rate

50.0%

🆚 Related Industries

Offices of Real Estate Agents and Brokers$880KResidential Property Managers$2.6MLessors of Nonresidential Buildings (except Miniwarehouses)$1.7MOther Activities Related to Real Estate$1.4MNonresidential Property Managers$3.3M

Compare Lessors of Residential Buildings and Dwellings revenue with other industries:

vs Officesvs Residentialvs Lessors