Title Abstract and Settlement Offices — Average Employee Salary
The average employee in the title abstract and settlement offices industry earns $70,927 per year ($34.10/hour), according to Bureau of Labor Statistics QCEW data.
What Do Title Abstract and Settlement Offices Workers Earn?
At $70,927/year (equivalent to $34.10/hour for a full-time worker), title abstract and settlement offices wages are near the national average of ~$65,000.
The typical title abstract and settlement offices business employs 6 people. These are mid-sized operations where payroll is a significant but manageable expense.
Wages as a Percentage of Revenue
For the average title abstract and settlement offices business generating $1.5M/year with 6 employees at $70,927 each, total payroll represents roughly 27.5% 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 title abstract and settlement officesbusiness, here's what the wage data means for your bottom line:
- Per-employee cost: Budget approximately $92,205/year per employee (salary + ~30% for benefits, taxes, and insurance).
- Typical team size: 6 employees = ~$425,562/year in base payroll.
- Hourly equivalent: $34.10/hour base — factor this into pricing and project estimates.
- Revenue needed: With average revenue of $1.5M/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 Title Abstract and Settlement Offices revenue benchmarks →Frequently Asked Questions
- How much do title abstract and settlement offices employees make?
- The average title abstract and settlement offices employee earns $70,927 per year, which is equivalent to $34.10/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 title abstract and settlement offices industry?
- The title abstract and settlement offices industry employs 58,862 workers across 10,211 establishments in the United States. The average business in this industry has approximately 6 employees.
Source: Bureau of Labor Statistics, Quarterly Census of Employment and Wages (QCEW 2023).