Book, Periodical, and Newspaper Merchant Wholesalers — Average Employee Salary
The average employee in the book, periodical, and newspaper merchant wholesalers industry earns $66,033 per year ($31.75/hour), according to Bureau of Labor Statistics QCEW data.
What Do Book, Periodical, and Newspaper Merchant Wholesalers Workers Earn?
At $66,033/year (equivalent to $31.75/hour for a full-time worker), book, periodical, and newspaper merchant wholesalers wages are near the national average of ~$65,000.
The typical book, periodical, and newspaper merchant wholesalers business employs 14 people. These are mid-sized operations where payroll is a significant but manageable expense.
Wages as a Percentage of Revenue
For the average book, periodical, and newspaper merchant wholesalers business generating $7.9M/year with 14 employees at $66,033 each, total payroll represents roughly 11.7% of revenue. Labor costs are relatively low compared to revenue — other costs (materials, equipment, overhead) dominate.
What This Means for Business Owners
If you're starting or running a book, periodical, and newspaper merchant wholesalersbusiness, here's what the wage data means for your bottom line:
- Per-employee cost: Budget approximately $85,843/year per employee (salary + ~30% for benefits, taxes, and insurance).
- Typical team size: 14 employees = ~$924,462/year in base payroll.
- Hourly equivalent: $31.75/hour base — factor this into pricing and project estimates.
- Revenue needed: With average revenue of $7.9M/business, you need strong utilization rates to maintain healthy margins after payroll.
See how these wages compare to total revenue and profit margins.
View full Book, Periodical, and Newspaper Merchant Wholesalers revenue benchmarks →Frequently Asked Questions
- How much do book, periodical, and newspaper merchant wholesalers employees make?
- The average book, periodical, and newspaper merchant wholesalers employee earns $66,033 per year, which is equivalent to $31.75/hour for a full-time worker (2,080 hours/year). This is above the national average of approximately $65,000.
- How many people work in the book, periodical, and newspaper merchant wholesalers industry?
- The book, periodical, and newspaper merchant wholesalers industry employs 27,958 workers across 1,982 establishments in the United States. The average business in this industry has approximately 14 employees.
Source: Bureau of Labor Statistics, Quarterly Census of Employment and Wages (QCEW 2023).