Payroll Services in Indiana
Revenue benchmarks for payroll services businesses operating in Indiana.
#32 of 50 states-56.6% vs national avg
Average Revenue
$3.7M
per year
Businesses
81
in Indiana
Revenue / Employee
$115K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
1.2
firms per 100K in IN
Total Revenue
$300.5M
all firms in IN
Total Employees
2,604
in IN
How Indiana Compares
National Average$8.5M
Indiana$3.7M
Difference$4.8M (-56.6%)