Offices of Podiatrists Revenue Benchmarks

The average offices of podiatrists business in the United States generates $546K in annual revenue, according to the U.S. Census Bureau Statistics of U.S. Businesses (SUSB 2021). There are 6,804 offices of podiatrists businesses in the U.S., employing 35,320 workers with an average profit margin of 13.0%. The average employee in this industry earns $58K per year (Bureau of Labor Statistics QCEW 2023).

What Does a Offices of Podiatrists Business Actually Do?

Foot and ankle specialists — podiatrists (DPMs) — treating diabetic foot care, bunions, plantar fasciitis, sports injuries. Some perform surgery.

Who buys: Patients with foot/ankle problems (majority through insurance), diabetic patients.

Average Revenue

$546K

per year

Profit Margin

13.0%

industry average

Revenue / Employee

$105K

per year

Total Businesses

6,804

in the US

Est. Owner Income

$71K

small business avg

Labor Cost

50.0%

of revenue

Avg Employee Wage

$58K

per year (BLS)

Market Saturation

2.1

firms per 100K people

How Much Do Offices of Podiatrists Charge?

Podiatry practices price per visit, procedure, and orthotic device.

ServiceTypical range
Office visit
$150–300 list
In-office procedure (basic)
$300–1,500
Custom orthotics (pair)
$400–800
Bunion / hammertoe surgery
$3,500–10,000

Ranges based on industry rate surveys and typical published pricing. Actual quotes vary by city, business size, and job complexity.

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A 12-section data-backed business plan for a offices of podiatrists 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.

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Cost Structure — Where Every $100 in Revenue Goes

Approximate P&L breakdown for the offices of podiatrists industry. Labor share and net profit are grounded in Census SUSB and IRS SOI data. Other lines are split using sector-typical ratios.

13%
50%
17%
13%
CategoryPer $100 revenue
Medical supplies & pharma
$13
Wages & benefits
$50
Rent & facilities
$6
Marketing & advertising
$2
Other operating costs
$17
Net profit
$13

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

1-4 employees
$197K
5-9 employees
$602K
10-19 employees
$1.5M
20-99 employees
$3.8M
100-499 employees
$11.8M
500+ employees
$2.1M

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

19
20
21
22
23
126,707 firms151,050 firms

Should You Start a Offices of Podiatrists Business?

Startup Cost

$75K$300K

Break-Even

32 months

5-Year Survival Rate

70.0%

Frequently Asked Questions

What does a offices of podiatrists business do?
Foot and ankle specialists — podiatrists (DPMs) — treating diabetic foot care, bunions, plantar fasciitis, sports injuries. Some perform surgery. Patients with foot/ankle problems (majority through insurance), diabetic patients.
How much do offices of podiatrists charge?
Podiatry practices price per visit, procedure, and orthotic device. See the pricing table above for typical rates by service type.
How much does the average offices of podiatrists make per year?
The average offices of podiatrists business generates $546K in annual revenue, based on U.S. Census Bureau data (SUSB 2021). After expenses, the estimated owner profit is $71K per year at a 13.0% profit margin.
How many offices of podiatrists businesses are there in the US?
There are 6,804 offices of podiatrists businesses operating in the United States, employing a total of 35,320 workers.
How much does it cost to start a offices of podiatrists business?
Startup costs for a offices of podiatrists 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 podiatrists industry?
The average employee in the offices of podiatrists industry earns $58K per year, according to Bureau of Labor Statistics data (QCEW 2023).

Industry Growth & Survival

66%
Est. 5-year survival rate
+5.3%
Net job growth rate
151,050
Total firms (2023)

The offices of podiatrists 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 podiatrists 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

$58,065
Avg annual pay
6,735
Establishments
33,521
Total employees
5
Avg employees/business

The average employee in the offices of podiatrists industry earns $58,065/year. This is near the national average of ~$65K. With 6,735 establishments employing 33,521 people, the typical business has about 5 employees. Most businesses in this industry are small operations — often owner-operated with minimal staff.

Industry Trend (2000–2023)

71K94K118K142K166K20002005201020152020Number of Firms

The offices of podiatrists industry has grown 93% since 2000 (from 78,459 to 151,050 firms).

See full historical statistics →

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