Offices of Physical, Occupational and Speech Therapists, and Audiologists Revenue Benchmarks
The average offices of physical, occupational and speech therapists, and audiologists business in the United States generates $1.3M in annual revenue, according to the U.S. Census Bureau Statistics of U.S. Businesses (SUSB 2021). There are 30,434 offices of physical, occupational and speech therapists, and audiologists businesses in the U.S., employing 431,257 workers with an average profit margin of 13.0%. The average employee in this industry earns $51K per year (Bureau of Labor Statistics QCEW 2023).
What Does a Offices of Physical, Occupational and Speech Therapists, and Audiologists Business Actually Do?
Practices providing physical therapy (mobility, strength, post-surgery rehab), occupational therapy (daily-living skills), and speech-language therapy. Insurance and Medicare reimbursement dominate revenue.
Who buys: Patients recovering from surgery/injury, aging patients maintaining function, kids receiving developmental therapy.
Average Revenue
$1.3M
per year
Profit Margin
13.0%
industry average
Revenue / Employee
$93K
per year
Total Businesses
30,434
in the US
Est. Owner Income
$172K
small business avg
Labor Cost
50.0%
of revenue
Avg Employee Wage
$51K
per year (BLS)
Market Saturation
9.2
firms per 100K people
How Much Do Offices of Physical, Occupational and Speech Therapists, and Audiologists Charge?
PT/OT/ST practices charge per visit, mostly reimbursed by insurance or Medicare.
| Service | Typical range |
|---|---|
Initial evaluation | $150–350 list; $100–200 insurance |
Follow-up therapy visit | $100–200 list; $60–125 insurance |
Cash-pay session (out of network) | $100–250 per visit |
Package (12 sessions cash) | $1,200–2,400 |
Ranges based on industry rate surveys and typical published pricing. Actual quotes vary by city, business size, and job complexity.
Complete offices of physical, occupational and speech therapists, and audiologists business plan
A 12-section data-backed business plan for a offices of physical, occupational and speech therapists, and audiologists business — executive summary, market analysis, competitive landscape, revenue model, 3-year financial projections, operations, marketing, staffing, funding request. Pre-populated with real Census, IRS, and BLS data on this industry. Free to view.
Cost Structure — Where Every $100 in Revenue Goes
Approximate P&L breakdown for the offices of physical, occupational and speech therapists, and audiologists industry. Labor share and net profit are grounded in Census SUSB and IRS SOI data. Other lines are split using sector-typical ratios.
| Category | Per $100 revenue | Per typical business | What's in it |
|---|---|---|---|
Medical supplies & pharma | $13 | $171K | Disposables, medications, lab reagents, implants, and other direct patient supplies. |
Wages & benefits | $50 | $662K | Payroll for all employees at the business (owner comp not included for small owner-operators). |
Rent & facilities | $6 | $73K | Rent or mortgage on business location plus utilities tied to the space. |
Marketing & advertising | $2 | $24K | Google/Meta ads, SEO, print, referral fees, event sponsorships. |
Other operating costs | $17 | $220K | Malpractice insurance, billing services, equipment leasing, regulatory compliance. |
Net profit | $13 | $172K | What remains for the owner or shareholders after all business expenses. |
Directionally accurate for a typical business in the industry. Individual businesses vary widely — a franchise may run a very different cost mix from an independent, and older established businesses often have lower labor share than newer ones.
Average Revenue by Business Size
Industry Dynamics (Census BDS 2023)
New Business Rate
12.64%
openings/year
Closure Rate
8.11%
closings/year
Net Job Growth
+5.33%
annual
Businesses Closed
10,552
in 2023
Firm Count Trend
Should You Start a Offices of Physical, Occupational and Speech Therapists, and Audiologists Business?
Startup Cost
$75K – $300K
Break-Even
13 months
5-Year Survival Rate
70.0%
Related Industries
Frequently Asked Questions
- What does a offices of physical, occupational and speech therapists, and audiologists business do?
- Practices providing physical therapy (mobility, strength, post-surgery rehab), occupational therapy (daily-living skills), and speech-language therapy. Insurance and Medicare reimbursement dominate revenue. Patients recovering from surgery/injury, aging patients maintaining function, kids receiving developmental therapy.
- How much do offices of physical, occupational and speech therapists, and audiologists charge?
- PT/OT/ST practices charge per visit, mostly reimbursed by insurance or Medicare. See the pricing table above for typical rates by service type.
- How much does the average offices of physical, occupational and speech therapists, and audiologists make per year?
- The average offices of physical, occupational and speech therapists, and audiologists business generates $1.3M in annual revenue, based on U.S. Census Bureau data (SUSB 2021). After expenses, the estimated owner profit is $172K per year at a 13.0% profit margin.
- How many offices of physical, occupational and speech therapists, and audiologists businesses are there in the US?
- There are 30,434 offices of physical, occupational and speech therapists, and audiologists businesses operating in the United States, employing a total of 431,257 workers.
- How much does it cost to start a offices of physical, occupational and speech therapists, and audiologists business?
- Startup costs for a offices of physical, occupational and speech therapists, and audiologists business typically range from $75K to $300K, with a 5-year survival rate of 70.0%.
- What is the average salary in the offices of physical, occupational and speech therapists, and audiologists industry?
- The average employee in the offices of physical, occupational and speech therapists, and audiologists industry earns $51K per year, according to Bureau of Labor Statistics data (QCEW 2023).
Industry Growth & Survival
The offices of physical, occupational and speech therapists, and audiologists industry is actively growing — adding jobs at a net rate of 5.3% per year. New establishments are opening faster than existing ones close (12.6% entry vs 8.1% exit), indicating healthy demand.
Approximately 66% of offices of physical, occupational and speech therapists, and audiologists businesses survive their first 5 years. This is above the national average (~50%), making it a relatively safe industry to enter. In 2023, 10,552 firms in this industry closed permanently.
Employment & Wages
The average employee in the offices of physical, occupational and speech therapists, and audiologists industry earns $50,614/year. This is near the national average of ~$65K. With 49,155 establishments employing 470,254 people, the typical business has about 10 employees.
Industry Trend (2000–2023)
The offices of physical, occupational and speech therapists, and audiologists industry has grown 93% since 2000 (from 78,459 to 151,050 firms).
See full historical statistics →Compare Offices of Physical, Occupational and Speech Therapists, and Audiologists revenue with other industries: