Payroll Services in Illinois

Revenue benchmarks for payroll services businesses operating in Illinois.

#3 of 50 states+108.5% vs national avg

Average Revenue

$17.8M

per year

💰

Businesses

155

in Illinois

🏢

Revenue / Employee

$215K

per year

👤

Labor Cost

50.0%

of revenue

👥

Profit Margin

22.0%

industry average

📈

Market Saturation

1.2

firms per 100K in IL

🎯

Total Revenue

$2.8B

all firms in IL

💵

Total Employees

12,811

in IL

👷

How Illinois Compares

National Average$8.5M
Illinois$17.8M
Difference+$9.3M (+108.5%)