Number of Radio Stations Businesses in the US (2000–2023)
As of 2023
3,249
radio stations businesses in the United States
Number of Firms Over Time
Total Employment Over Time
Key Insights
- •The radio stations industry has declined 37.8% since 2000 (from 5,220 to 3,249 firms).
- •The peak year was 2000 with 5,220 firms.
- •Recent trend (last 5 years): the industry is shrinking (-10.9%).
- •Employment: 217,155 workers in 2023 (-12.2% change since 2000).
- •Estimated 5-year survival rate: 65%.
Year-by-Year Data
| Year | Firms | Establishments | Employment | Entry Rate | Exit Rate | Net Growth |
|---|---|---|---|---|---|---|
| 2023 | 3,249 | 6,553 | 217,155 | 4.9% | 8.3% | -1.0% |
| 2022 | 3,369 | 6,791 | 218,537 | 4.3% | 8.6% | +2.2% |
| 2021 | 3,535 | 7,189 | 214,275 | 12.3% | 8.1% | -3.1% |
| 2020 | 3,585 | 6,885 | 220,319 | 6.1% | 7.9% | +3.5% |
| 2019 | 3,646 | 6,987 | 211,466 | 5.6% | 6.7% | +5.4% |
| 2018 | 3,738 | 7,059 | 199,665 | 3.3% | 5.9% | -4.0% |
| 2017 | 3,854 | 7,253 | 207,292 | 4.7% | 5.5% | -3.2% |
| 2016 | 3,907 | 7,326 | 212,050 | 6.1% | 11.1% | -0.3% |
| 2015 | 3,945 | 7,702 | 213,648 | 5.9% | 17.0% | +0.4% |
| 2014 | 3,989 | 8,586 | 211,682 | 4.9% | 6.1% | -4.6% |
Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.