Payroll Services in New York
Revenue benchmarks for payroll services businesses operating in New York.
#8 of 50 states+13.0% vs national avg
Average Revenue
$9.6M
per year
Businesses
322
in New York
Revenue / Employee
$151K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
1.6
firms per 100K in NY
Total Revenue
$3.1B
all firms in NY
Total Employees
20,522
in NY
How New York Compares
National Average$8.5M
New York$9.6M
Difference+$1.1M (+13.0%)