Offices of Physicians, Mental Health Specialists Revenue Benchmarks

How much does the average offices of physicians, mental health specialists business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$646K

per year

💰

Profit Margin

13.0%

industry average

📈

Revenue / Employee

$143K

per year

👤

Total Businesses

12,044

in the US

🏢

Est. Owner Income

$84K

small business avg

💵

Labor Cost

50.0%

of revenue

👥

Avg Employee Wage

$76K

per year (BLS)

💼

Market Saturation

3.6

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$233K
5-9 employees
$750K
10-19 employees
$1.6M
20-99 employees
$4.8M
100-499 employees
$15.2M
500+ employees
$8.7M

🏆 Highest Revenue States

1.West Virginia$3.2M avg2.New Hampshire$1.6M avg3.Missouri$1.3M avg4.Massachusetts$1.2M avg5.Pennsylvania$1.1M avg6.Maryland$1.0M avg7.Iowa$925K avg8.Hawaii$865K avg9.Nebraska$819K avg10.Ohio$806K avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

10.51%

openings/year

Closure Rate

7.79%

closings/year

Net Job Growth

+6.06%

annual

Businesses Closed

10,707

in 2023

Firm Count Trend

19
20
21
22
23
150,363 firms128,948 firms

💡 Should You Start a Offices of Physicians, Mental Health Specialists Business?

Startup Cost

$75K – $300K

Break-Even

27 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 Offices of Physicians, Mental Health Specialists revenue with other industries:

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