Payroll Services in Rhode Island
Revenue benchmarks for payroll services businesses operating in Rhode Island.
#43 of 50 states-79.4% vs national avg
Average Revenue
$1.8M
per year
Businesses
24
in Rhode Island
Revenue / Employee
$197K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
2.2
firms per 100K in RI
Total Revenue
$42.3M
all firms in RI
Total Employees
215
in RI
How Rhode Island Compares
National Average$8.5M
Rhode Island$1.8M
Difference$6.8M (-79.4%)