Other Accounting Services Revenue Benchmarks

How much does the average other accounting business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$558K

per year

💰

Profit Margin

22.0%

industry average

📈

Revenue / Employee

$105K

per year

👤

Total Businesses

44,726

in the US

🏢

Est. Owner Income

$123K

small business avg

💵

Labor Cost

50.0%

of revenue

👥

Avg Employee Wage

$74K

per year (BLS)

💼

Market Saturation

13.5

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$122K
5-9 employees
$535K
10-19 employees
$1.2M
20-99 employees
$3.7M
100-499 employees
$11.0M
500+ employees
$30.6M

🏆 Highest Revenue States

1.Pennsylvania$1.0M avg2.Virginia$883K avg3.Kansas$874K avg4.Tennessee$874K avg5.New Hampshire$766K avg6.Massachusetts$752K avg7.Delaware$746K avg8.Iowa$736K avg9.Connecticut$724K avg10.Minnesota$719K avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

9.66%

openings/year

Closure Rate

9.23%

closings/year

Net Job Growth

+4.24%

annual

Businesses Closed

8,967

in 2023

Firm Count Trend

19
20
21
22
23
99,574 firms104,020 firms

💡 Should You Start a Other Accounting Business?

Startup Cost

$10K – $75K

Break-Even

4 months

5-Year Survival Rate

60.0%

🆚 Related Industries

Offices of Lawyers$1.5MAdministrative Management and General Management Consulting Services$1.9MCustom Computer Programming Services$3.9MOffices of Certified Public Accountants$1.9MComputer Systems Design Services$4.2M

Compare Other Accounting Services revenue with other industries:

vs Officesvs Administrativevs Custom