Payroll Services in Texas

Revenue benchmarks for payroll services businesses operating in Texas.

#16 of 50 states-26.7% vs national avg

Average Revenue

$6.3M

per year

Businesses

419

in Texas

Revenue / Employee

$131K

per year

Labor Cost

50.0%

of revenue

Profit Margin

22.0%

industry average

Market Saturation

1.4

firms per 100K in TX

Total Revenue

$2.6B

all firms in TX

Total Employees

19,985

in TX

How Texas Compares

National Average$8.5M
Texas$6.3M
Difference$2.3M (-26.7%)