Research and Development in the Social Sciences and Humanities Revenue Benchmarks

How much does the average research and development in the social sciences and humanities business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$4.0M

per year

💰

Profit Margin

22.0%

industry average

📈

Revenue / Employee

$158K

per year

👤

Total Businesses

1,774

in the US

🏢

Est. Owner Income

$874K

small business avg

💵

Labor Cost

50.0%

of revenue

👥

Avg Employee Wage

$92K

per year (BLS)

💼

Market Saturation

0.5

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$215K
5-9 employees
$879K
10-19 employees
$2.0M
20-99 employees
$6.0M
100-499 employees
$28.9M
500+ employees
$97.6M

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

12.91%

openings/year

Closure Rate

10.65%

closings/year

Net Job Growth

+4.13%

annual

Businesses Closed

1,574

in 2023

Firm Count Trend

19
20
21
22
23
14,061 firms15,795 firms

💡 Should You Start a Research and Development in the Social Sciences and Humanities Business?

Startup Cost

$10K$75K

Break-Even

1 months

5-Year Survival Rate

60.0%

Compare Research and Development in the Social Sciences and Humanities revenue with other industries: