Telephone Answering Services Revenue Benchmarks
How much does the average telephone answering business make? Here are revenue benchmarks based on Census Bureau data.
Average Revenue
$2.7M
per year
Profit Margin
8.0%
industry average
Revenue / Employee
$61K
per year
Total Businesses
1,009
in the US
Est. Owner Income
$218K
small business avg
Labor Cost
55.0%
of revenue
Avg Employee Wage
$51K
per year (BLS)
Market Saturation
0.3
firms per 100K people
💰 Average Revenue by Business Size
1-4 employees
$140K
5-9 employees
$411K
10-19 employees
$927K
20-99 employees
$2.2M
100-499 employees
$14.0M
500+ employees
$36.3M
📊 Industry Dynamics (Census BDS 2023)
New Business Rate
8.81%
openings/year
Closure Rate
13.14%
closings/year
Net Job Growth
-7.8%
annual
Businesses Closed
2,058
in 2023
Firm Count Trend
19
20
21
22
23
20,843 firms19,450 firms
💡 Should You Start a Telephone Answering Business?
Startup Cost
$50K – $250K
Break-Even
8 months
5-Year Survival Rate
50.0%
🆚 Related Industries
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