Payroll Services in Colorado
Revenue benchmarks for payroll services businesses operating in Colorado.
#7 of 50 states+27.0% vs national avg
Average Revenue
$10.8M
per year
Businesses
95
in Colorado
Revenue / Employee
$150K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
1.6
firms per 100K in CO
Total Revenue
$1.0B
all firms in CO
Total Employees
6,852
in CO
How Colorado Compares
National Average$8.5M
Colorado$10.8M
Difference+$2.3M (+27.0%)