Other Farm Product Raw Material Merchant Wholesalers — Average Employee Salary
The average employee in the other farm product raw material merchant wholesalers industry earns $63,931 per year ($30.74/hour), according to Bureau of Labor Statistics QCEW data.
What Do Other Farm Product Raw Material Merchant Wholesalers Workers Earn?
At $63,931/year (equivalent to $30.74/hour for a full-time worker), other farm product raw material merchant wholesalers wages are near the national average of ~$65,000.
The typical other farm product raw material merchant wholesalers business employs 8 people. These are mid-sized operations where payroll is a significant but manageable expense.
Wages as a Percentage of Revenue
For the average other farm product raw material merchant wholesalers business generating $8.0M/year with 8 employees at $63,931 each, total payroll represents roughly 6.4% 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 other farm product raw material merchant wholesalersbusiness, here's what the wage data means for your bottom line:
- Per-employee cost: Budget approximately $83,110/year per employee (salary + ~30% for benefits, taxes, and insurance).
- Typical team size: 8 employees = ~$511,448/year in base payroll.
- Hourly equivalent: $30.74/hour base — factor this into pricing and project estimates.
- Revenue needed: With average revenue of $8.0M/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 Other Farm Product Raw Material Merchant Wholesalers revenue benchmarks →Frequently Asked Questions
- How much do other farm product raw material merchant wholesalers employees make?
- The average other farm product raw material merchant wholesalers employee earns $63,931 per year, which is equivalent to $30.74/hour for a full-time worker (2,080 hours/year). This is below the national average of approximately $65,000.
- How many people work in the other farm product raw material merchant wholesalers industry?
- The other farm product raw material merchant wholesalers industry employs 15,243 workers across 1,901 establishments in the United States. The average business in this industry has approximately 8 employees.
Source: Bureau of Labor Statistics, Quarterly Census of Employment and Wages (QCEW 2023).