Payroll Services in North Carolina
Revenue benchmarks for payroll services businesses operating in North Carolina.
#27 of 50 states-49.9% vs national avg
Average Revenue
$4.3M
per year
Businesses
110
in North Carolina
Revenue / Employee
$123K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
1.1
firms per 100K in NC
Total Revenue
$470.9M
all firms in NC
Total Employees
3,828
in NC
How North Carolina Compares
National Average$8.5M
North Carolina$4.3M
Difference$4.3M (-49.9%)