Nursing Care Facilities (Skilled Nursing Facilities) Revenue Benchmarks

How much does the average nursing care facilities (skilled nursing facilities) business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$10.8M

per year

💰

Profit Margin

13.0%

industry average

📈

Revenue / Employee

$77K

per year

👤

Total Businesses

10,186

in the US

🏢

Est. Owner Income

$1.4M

small business avg

💵

Labor Cost

50.0%

of revenue

👥

Avg Employee Wage

$47K

per year (BLS)

💼

Market Saturation

3.1

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$856K
5-9 employees
$517K
10-19 employees
$1.1M
20-99 employees
$4.4M
100-499 employees
$11.9M
500+ employees
$90.3M

🏆 Highest Revenue States

1.New York$16.6M avg2.West Virginia$16.3M avg3.Alabama$16.2M avg4.Connecticut$15.0M avg5.Massachusetts$14.6M avg6.Alaska$14.6M avg7.Indiana$14.2M avg8.Pennsylvania$13.3M avg9.Colorado$12.8M avg10.Tennessee$12.7M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

9.03%

openings/year

Closure Rate

7.32%

closings/year

Net Job Growth

+3.43%

annual

Businesses Closed

668

in 2023

Firm Count Trend

19
20
21
22
23
8,916 firms9,802 firms

💡 Should You Start a Nursing Care Facilities Business?

Startup Cost

$75K – $300K

Break-Even

2 months

5-Year Survival Rate

70.0%

🆚 Related Industries

Offices of Physicians (except Mental Health Specialists)$3.7MOffices of Dentists$915KChild Day Care Services$750KOffices of Chiropractors$280KOffices of Mental Health Practitioners (except Physicians)$443K

Compare Nursing Care Facilities (Skilled Nursing Facilities) revenue with other industries:

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