Other Residential Care Facilities Revenue Benchmarks

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

Average Revenue

$2.6M

per year

💰

Profit Margin

13.0%

industry average

📈

Revenue / Employee

$74K

per year

👤

Total Businesses

3,481

in the US

🏢

Est. Owner Income

$340K

small business avg

💵

Labor Cost

50.0%

of revenue

👥

Avg Employee Wage

$45K

per year (BLS)

💼

Market Saturation

1.1

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$129K
5-9 employees
$385K
10-19 employees
$804K
20-99 employees
$2.6M
100-499 employees
$9.4M
500+ employees
$19.9M

🏆 Highest Revenue States

1.Nebraska$15.9M avg2.New York$12.7M avg3.Massachusetts$8.8M avg4.Iowa$7.4M avg5.New Jersey$6.6M avg6.Connecticut$5.3M avg7.Illinois$4.9M avg8.Indiana$3.9M avg9.Rhode Island$3.8M avg10.Pennsylvania$3.6M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

12.01%

openings/year

Closure Rate

9.38%

closings/year

Net Job Growth

+3.11%

annual

Businesses Closed

229

in 2023

Firm Count Trend

19
20
21
22
23
3,034 firms3,395 firms

💡 Should You Start a Other Residential Care Facilities Business?

Startup Cost

$75K – $300K

Break-Even

7 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 Other Residential Care Facilities revenue with other industries:

vs Officesvs Officesvs Child