Rooming and Boarding Houses, Dormitories, and Workers' Camps Revenue Benchmarks

How much does the average rooming and boarding houses, dormitories, and workers' camps business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$536K

per year

💰

Profit Margin

5.0%

industry average

📈

Revenue / Employee

$99K

per year

👤

Total Businesses

1,498

in the US

🏢

Est. Owner Income

$27K

small business avg

💵

Labor Cost

32.0%

of revenue

👥

Avg Employee Wage

$38K

per year (BLS)

💼

Market Saturation

0.5

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$152K
5-9 employees
$464K
10-19 employees
$944K
20-99 employees
$4.0M
100-499 employees
$9.7M
500+ employees
$9.4M

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

9.95%

openings/year

Closure Rate

8%

closings/year

Net Job Growth

-1.27%

annual

Businesses Closed

90

in 2023

Firm Count Trend

19
20
21
22
23
1,541 firms1,331 firms

💡 Should You Start a Rooming and Boarding Houses, Dormitories, and Workers' Camps Business?

Startup Cost

$100K$500K

Break-Even

134 months

5-Year Survival Rate

40.0%

Compare Rooming and Boarding Houses, Dormitories, and Workers' Camps revenue with other industries: