Tax Preparation Services in Maryland

Revenue benchmarks for tax preparation services businesses operating in Maryland.

#25 of 50 states-3.4% vs national avg

Average Revenue

$272K

per year

Businesses

333

in Maryland

Revenue / Employee

$37K

per year

Labor Cost

50.0%

of revenue

Profit Margin

22.0%

industry average

Market Saturation

5.4

firms per 100K in MD

Total Revenue

$90.5M

all firms in MD

Total Employees

2,424

in MD

How Maryland Compares

National Average$281K
Maryland$272K
Difference$10K (-3.4%)