Payroll Services in Kentucky
Revenue benchmarks for payroll services businesses operating in Kentucky.
#21 of 50 states-35.6% vs national avg
Average Revenue
$5.5M
per year
Businesses
55
in Kentucky
Revenue / Employee
$132K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
1.2
firms per 100K in KY
Total Revenue
$302.3M
all firms in KY
Total Employees
2,295
in KY
How Kentucky Compares
National Average$8.5M
Kentucky$5.5M
Difference$3.0M (-35.6%)