2024 Individual & Family Services Industry Statistics Report

Individual & Family Services - Market Size and Industry Forecast

The 2024 Individual and Family Services Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2019 to 2029 reflect industry trends and growth patterns. Revenues include both public and private companies in the Individual & Family Services industry.

Market Size (Total Revenue)


% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Industry Market Size
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023

Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Individual & Family Services - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Individual & Family Services companies in the United States.

Individual & Family Services Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesIndividual & Family Services
Small Business (< 5 Employees)


Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Individual & Family Services - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue


Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits



Depreciation and Amortization

Officer Compensation

Net Income

Individual & Family Services - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios


Profit Margin
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Individual & Family Services - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total


Contributions, gifts, & grants - government
Social assistance services for the elderly & disabled
Social assistance services for children, youth, & families
Social assistance for elderly & disabled - other
Contributions, gifts, & grants - private
Social assistance for elderly & disabled - adult day care service
Social assistance for families - other
Social assistance for families - children/youth service programs
Social assistance for families - counseling & developmental services

Individual & Family Services - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations4%


Chief Executives0%
General and Operations Managers1%
Community and Social Service Occupations15%
Counselors, Social Workers, and Other Community and Social Service Specialists15%
Social Workers5%
Miscellaneous Community and Social Service Specialists6%
Healthcare Support Occupations9%
Nursing, Psychiatric, and Home Health Aides9%
Nursing, Psychiatric, and Home Health Aides9%
Home Health Aides7%
Personal Care and Service Occupations53%
Other Personal Care and Service Workers52%
Personal Care Aides49%
Personal Care Aides49%
Office and Administrative Support Occupations7%

Government Contracts

In the past, the federal government spent an annual total of $484,077,343 on the individual & family services industry. It has awarded 1,763 contracts to 456 companies, with an average value of $1,061,573 per company.

Individual & Family Services and Adjacent Industries - Top Companies

($ Millions)


Individual & Family Services Industry Research
GeographyUnited States  
Publication DateJune 2024
Report FormatPDF Download  PDF

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