Business Data & Benchmarks · United States

Bookkeeping Service Revenue Benchmark (Other Accounting Services)

Bookkeeping, payroll and billing services outside CPA and tax preparation offices.

NAICS 541219, 2022 editionUnited States data by defaultSources and dates shown

Average Bookkeeping Service Revenue per Year 2022 Economic Census

Total receipts of other accounting services businesses with paid employees, divided by the count of those establishments, both published in the 2022 Economic Census.

≈$620,000 /year

Average annual gross revenue per employer establishment

48,674

Employer establishments in the United States, 2022

as published $30.3 billion

Combined annual gross revenue of employer establishments, 2022

How this is calculated: about $30.3 billion in combined annual revenue divided by 48,674 employer establishments works out to $620,000. This is an average per establishment, and averages get pulled up by large, busy operations, so a typical business may sit below it.

Scope: Other Accounting Services (NAICS 541219). The Census category is other accounting services, which covers bookkeeping, payroll and billing businesses that are not CPA offices or tax preparers. Employer establishments only: owner-operated businesses with no paid employees are not in these figures.

Work here recurs monthly rather than annually, which makes revenue steadier than in tax preparation and smaller per client than in a CPA practice. The payroll share is unusually high even for this field, which follows from a service whose main input is the time of the person doing the books.

The Census category is other accounting services, which covers bookkeeping, payroll processing and billing together and excludes CPA offices and tax preparers. Payroll processing carries client funds through the business in some arrangements and not others, and the census receipts figure does not distinguish the two models.

Source US Census Bureau, 2022 Economic Census, Summary Statistics (ECNBASIC): ESTAB, RCPTOT and PAYANN by NAICS · Vintage 2022 Economic Census · Calculation BusinessNES · Accessed July 2026

Where these figures come from
Establishment counts and combined receipts are published figures from the official source named in each figure's source line. BusinessNES divides one by the other and rounds to the nearest $10,000; no other adjustment is made. The full chain from published figure to this page is described on the methodology page.

Data Source Notice

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures above are from the 2022 Economic Census reference year, released by the Census Bureau in 2024 and 2025; markets have moved since.

Employer Establishments at Year Five Varies by cohort

Accounting, Tax Preparation, Bookkeeping, and Payroll Services, NAICS 5412, the 2018 starting count compared with the count of five-year-old establishments in 2023.

64.4%the year-five count as a share of the starting count

Five-year establishment continuation benchmarkLine chart of industry continuation: 81.1 percent at 1 year, 75.6 percent at 2 years, 72.6 percent at 3 years, 67.8 percent at 4 years, 64.4 percent at 5 years. 7,648 establishments first reported paid employment in 2018; BusinessNES calculation from Census BDS.100%75%50%25%0%2014-2018 cohort range: 56.9 to 72.0 percentStart: 100 percent, the starting count1 year: 81.1 percent of the starting count2 years: 75.6 percent of the starting count3 years: 72.6 percent of the starting count4 years: 67.8 percent of the starting count5 years: 64.4 percent of the starting count81.175.672.667.864.4Start1 year2 years3 years4 years5 years7,648 establishments first reported paid employment in 2018; BusinessNES calculation from Census BDS.
Five years on, this industry group counted about 64 establishments aged five for every 100 that first reported paid employment in 2018. Census compares counts by age rather than following the same businesses, so read it as a broad continuation indicator for the industry group, not as a tracked survival rate.

Results across the 2014 to 2018 cohorts ranged from 56.9 to 72.0 percent, so treat this as a directional benchmark rather than a precise forecast. This benchmark covers Accounting, Tax Preparation, Bookkeeping, and Payroll Services, NAICS 5412, as a whole. It is not a survival rate for bookkeeping and payroll businesses on their own: they are 48,674 of the 136,861 employer establishments in that group, about 36 percent of it. How this is measured

Payroll as a Share of Revenue Official data

Payroll covers bookkeepers and payroll clerks, whose hours are the service itself.

Cost lineShare of receipts
Annual payroll share of receipts, United States≈46%

Payroll share of receipts, Other Accounting Services, United States, 2022 Economic Census.

Approximately 46.0 percent of every revenue dollar in this category goes to annual payroll. As the census defines it, payroll includes wages, salaries, reported tips, commissions and bonuses; it excludes employer-paid benefits, employer payroll taxes, contractor payments and owner compensation. Treat it as one verified anchor, not a full labor cost breakdown. Payroll takes an unusually high share of receipts, striking even among professional practices.

This is not total labor cost or profit margin.

How to read this number
Payroll here is the census annual payroll figure, PAYANN: it includes wages, salaries, reported tips, commissions and bonuses paid to employees, and it excludes employer-paid benefits, employer payroll taxes, contractor payments and proprietor compensation. BusinessNES divides it by the same category total receipts, RCPTOT, and rounds to a whole percent.

Position Within Its Comparison Group Computed from official data

Where this category sits among 7 legal and accounting practices in the same 2022 Economic Census release. Ranks and the group median are computed on exact values, before the rounding used above.

MeasureThis categoryGroup medianRank
Revenue per employer establishment$622,428$1,276,4506 of 7
Payroll share of receipts46.07%36.63%2 of 7
Employer establishments48,67427,8123 of 7

Position among 7 legal and accounting practices, 2022 Economic Census, employer establishments only.

This category ranks 6th of 7 by average annual revenue per employer establishment. It ranks 3rd of 7 by employer establishment count and 2nd of 7 by payroll share. Payroll equals 46.07 percent of receipts here, 9.45 percentage points above the group median of 36.63 percent. A higher or lower position is not a measure of profit or of business quality: the census reports receipts and payroll only.

Compared With Similar Business Types Computed from official data

The 4 categories closest to this one by average revenue inside the same comparison group.

Census categoryRevenue per establishmentPayroll shareEstablishments
Other Accounting Services (this page)$622,42846.07%48,674
Tax Preparation Services$260,88734.45%27,812
All Other Legal Services$1,177,69532.84%5,083
Title Abstract and Settlement Offices$1,276,45038.18%9,824
Offices of Lawyers$2,129,79636.43%167,174

Nearest categories by average revenue, 2022 Economic Census, employer establishments only.

This category reports lower revenue per employer establishment than All Other Legal Services, Title Abstract and Settlement Offices and Offices of Lawyers, and higher revenue than Tax Preparation Services. It contains more employer establishments than three of the four categories shown. Every figure in this table comes from the same 2022 Economic Census release and the same employer establishment population, so the columns are directly comparable.

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Sources and Methodology

Every figure on this page is bound to a published source, and each figure's own source line names that source precisely: the 2022 Economic Census for counts, receipts and payroll, and the Census Bureau's Business Dynamics Statistics for the industry continuation benchmark. Where a page shows a sector survival curve instead, that series comes from the Bureau of Labor Statistics.

BusinessNES performs the arithmetic on those published figures and nothing else. Receipts are divided by establishments, and payroll by receipts. The age-five establishment count is divided by the age-zero establishment count for the same four-digit industry group, then repeated across five age-zero cohorts to give a reference and a range. This category's share of its industry group, along with the ranks, medians and nearest peers in the comparison sections, comes from the same published tables. Every one of them is recomputed from the sealed source files at each release and blocks publication if it does not match. Results are rounded and marked approximate. The reference year is 2022 for revenue and payroll; treat every figure as a baseline, not today's market.

Category scope matters: these figures cover Other Accounting Services (NAICS 541219), employer establishments only. The scope note near the top of the page explains what that includes and excludes for this business type. Offices of certified public accountants and tax preparation services are separate Census categories.

Full method, sources and limits
The methodology page describes the full chain for every figure on this site: the published source, the sealed snapshot it was read from, the exact calculation if BusinessNES performed one, and the honest limits of scope and vintage. Read the methodology.

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