Professional Employer Organizations Revenue Benchmarks

How much does the average professional employer organizations business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$120.6M

per year

💰

Profit Margin

8.0%

industry average

📈

Revenue / Employee

$106K

per year

👤

Total Businesses

2,951

in the US

🏢

Est. Owner Income

$9.6M

small business avg

💵

Labor Cost

70.0%

of revenue

👥

Avg Employee Wage

$72K

per year (BLS)

💼

Market Saturation

0.9

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$348K
5-9 employees
$604K
10-19 employees
$1.5M
20-99 employees
$3.9M
100-499 employees
$16.8M
500+ employees
$784.3M

🏆 Highest Revenue States

1.Florida$330.1M avg2.South Carolina$247.7M avg3.New York$232.7M avg4.New Hampshire$215.2M avg5.California$181.0M avg6.Colorado$169.4M avg7.Hawaii$87.9M avg8.Iowa$81.4M avg9.Nebraska$78.1M avg10.Texas$76.3M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

12.99%

openings/year

Closure Rate

13.67%

closings/year

Net Job Growth

-3.91%

annual

Businesses Closed

2,814

in 2023

Firm Count Trend

19
20
21
22
23
24,575 firms26,532 firms

💡 Should You Start a Professional Employer Organizations Business?

Startup Cost

$50K – $250K

Break-Even

0 months

5-Year Survival Rate

50.0%

🆚 Related Industries

Landscaping Services$566KJanitorial Services$808KOffice Administrative Services$2.3MOther Services to Buildings and Dwellings$400KTemporary Help Services$14.3M

Compare Professional Employer Organizations revenue with other industries:

vs Landscapingvs Janitorialvs Office