Tax Preparation Services in Minnesota
Revenue benchmarks for tax preparation services businesses operating in Minnesota.
#35 of 50 states-13.0% vs national avg
Average Revenue
$245K
per year
Businesses
386
in Minnesota
Revenue / Employee
$36K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
6.8
firms per 100K in MN
Total Revenue
$94.5M
all firms in MN
Total Employees
2,601
in MN
How Minnesota Compares
National Average$281K
Minnesota$245K
Difference$37K (-13.0%)