Payroll Services in Utah
Revenue benchmarks for payroll services businesses operating in Utah.
#23 of 50 states-39.3% vs national avg
Average Revenue
$5.2M
per year
Businesses
111
in Utah
Revenue / Employee
$107K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
3.4
firms per 100K in UT
Total Revenue
$575.4M
all firms in UT
Total Employees
5,393
in UT
How Utah Compares
National Average$8.5M
Utah$5.2M
Difference$3.4M (-39.3%)