Taxi and Rideshare Service Revenue Benchmark

Average Taxi and Rideshare Service Revenue per Year 2022 Economic Census

The 2022 Economic Census counts every taxi and ridesharing service with paid employees and publishes their combined annual receipts. Dividing that total by the number of establishments gives the average annual revenue per employer establishment shown below.

≈$4,458,000 /year

Average annual gross revenue per employer establishment

How this is calculated: about $14.4 billion in combined annual receipts divided by 3,223 employer establishments works out to an average annual revenue of $4,458,000 per employer establishment.

Scope: Taxi and Ridesharing Services, NAICS 485310. The category covers taxicab companies and ridesharing services with paid employees. Limousine services, special needs transportation and airport shuttles are counted in separate categories. Classified separately in group 4853: 485320 Limousine Service. Nothing outside that code is counted on this page.

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

Employer Establishments at Year Five Endpoint only

Taxi and Limousine Service, NAICS 4853, the 2018 starting count compared with the count of five-year-old establishments in 2023.

Across the 2014 to 2018 cohorts, five-year results ranged from 25.7 to 39.6 percent. This benchmark covers Taxi and Limousine Service, NAICS 4853, as a whole, and this category accounts for 3,223 of the 7,413 employer establishments in it. A count by age is not a survival rate, because the figures compare two headcounts rather than follow one set of businesses.

Payroll as a Share of Revenue Official data

Payroll divided by receipts, both as published for the same year.

Payroll share of receipts, Taxi and Ridesharing Services, United States, 2022 Economic Census.

Approximately 18.0 percent of every revenue dollar goes to annual payroll, a small share because much of the driving in this trade is done by independent contractors and leased-cab drivers who are paid outside the payroll the census records.

Payroll here excludes benefits, employer taxes and owner compensation, and it excludes payments to contractor drivers, vehicle costs, fuel and insurance, which together make up most of what a service spends.

Business Scale and Ownership Structure Official data

How large the average establishment is, and whether the population is independent operators or multi-site companies.

Scale and ownership, Taxi and Ridesharing Services, United States, 2022 Economic Census.

The average establishment employed about 17.8 people, and the industry counted 1.0 employer establishments per firm. That staff count covers dispatchers, office staff and the drivers who are employees rather than contractors, and the establishments per firm figure shows that nearly every service in this category is a single-location business.

These are arithmetic industry averages. They state the size of the average establishment and show that multi-establishment ownership exists. They do not show the distribution of business sizes and they do not measure market concentration.

Explore More on BusinessNES

Neighbouring benchmark pages built from the same verified data, plus BusinessNES guides on the same subject.

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• All Business Benchmarks

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.

Questions Worth Asking BusinessNES analysis

Taxi and Rideshare Service: why contractor drivers make this benchmark unusual.

Before you rely on this benchmark

• Are the drivers employees or contractors? The census counts businesses with paid employees, but many taxi and rideshare operations rely on independent contractors or lease cabs to drivers who keep the fares. What appears as revenue and payroll depends entirely on that structure.
• How is the local market regulated? Medallion systems, license caps, fare rules and airport permits differ by city, and platform regulation has changed repeatedly in many states. A service's economics are set locally, and no national average reflects that.
• Who owns the vehicles? Company-owned fleets carry purchase, financing, maintenance and insurance costs, while driver-owned vehicles push those costs onto the driver. Depending on the operating model, reported receipts may reflect passenger fares, vehicle-lease income, platform or service fees, or a combination, and the Census table does not separate those models.
• What does insurance cost? Commercial auto and liability coverage for passenger transport is expensive, and rates vary with city, claims history and fleet size. Insurance is often the heaviest cost after driver pay and sits outside this benchmark.
• Where do the trips come from? Street hails, phone dispatch, contracted accounts with hotels, hospitals and schools, and app platforms each produce different fare levels and reliability. The channel mix decides how predictable revenue is.
• How much time is spent empty? Deadhead miles between fares consume fuel and driver time without revenue, and utilization decides whether a vehicle pays for itself. That ratio is invisible in a receipts total.