Direct Title Insurance Carriers — Average Employee Salary
The average employee in the direct title insurance carriers industry earns $106,940 per year ($51.41/hour), according to Bureau of Labor Statistics QCEW data.
What Do Direct Title Insurance Carriers Workers Earn?
At $106,940/year (equivalent to $51.41/hour for a full-time worker), direct title insurance carriers wages are significantly above the national average of ~$65,000.
Higher wages in this industry typically reflect specialized skills, professional certifications, or technical expertise required for the work. Employers competing for talent in this space face elevated labor costs.
The typical direct title insurance carriers business employs 10 people. These are mid-sized operations where payroll is a significant but manageable expense.
Wages as a Percentage of Revenue
For the average direct title insurance carriers business generating $19.2M/year with 10 employees at $106,940 each, total payroll represents roughly 5.6% 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 direct title insurance carriersbusiness, here's what the wage data means for your bottom line:
- Per-employee cost: Budget approximately $139,022/year per employee (salary + ~30% for benefits, taxes, and insurance).
- Typical team size: 10 employees = ~$1,069,400/year in base payroll.
- Hourly equivalent: $51.41/hour base — factor this into pricing and project estimates.
- Revenue needed: With average revenue of $19.2M/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 Direct Title Insurance Carriers revenue benchmarks →Frequently Asked Questions
- How much do direct title insurance carriers employees make?
- The average direct title insurance carriers employee earns $106,940 per year, which is equivalent to $51.41/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 direct title insurance carriers industry?
- The direct title insurance carriers industry employs 56,991 workers across 5,890 establishments in the United States. The average business in this industry has approximately 10 employees.
Source: Bureau of Labor Statistics, Quarterly Census of Employment and Wages (QCEW 2023).