Payroll Services in Iowa
Revenue benchmarks for payroll services businesses operating in Iowa.
#19 of 50 states-33.5% vs national avg
Average Revenue
$5.7M
per year
Businesses
27
in Iowa
Revenue / Employee
$145K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
0.8
firms per 100K in IA
Total Revenue
$153.3M
all firms in IA
Total Employees
1,057
in IA
How Iowa Compares
National Average$8.5M
Iowa$5.7M
Difference$2.9M (-33.5%)