Title Abstract and Settlement Offices - Market Size, Financial Statistics, Industry Trends

Industry Overview

This U.S. industry comprises establishments (except offices of lawyers and attorneys) primarily engaged in one or more of the following activities: (1) researching public land records to gather information relating to real estate titles; (2) preparing documents necessary for the transfer of the title, financing, and settlement; (3) conducting final real estate settlements and closings; and (4) filing legal and other documents relating to the sale of real estate. Real estate settlement offices, title abstract companies, and title search companies are included in this industry. Cross-References.
Source: U.S. Census Bureau

Title Abstract and Settlement Offices Market Size

This report includes historical and forecasted market sizes and industry trends for Title Abstract and Settlement Offices. It reveals overall market dynamics from 2020 through the present, and predicts industry growth or shrinkage through 2030. Revenue data include both public and private companies in the Title Abstract and Settlement Offices industry.

	Historical					Forecasted
	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030
Market Size (Total Revenue)	Included in Report
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company

Source: U.S. government financial data



Pell Research's advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size statistics include revenue generated from all products and services sold within the Title Abstract and Settlement Offices industry.

Geographic Breakdown by U.S. State

Title Abstract and Settlement Offices market share by state pinpoints local opportunities based on regional revenue statistics. Growth rate for each state is affected by regional economic conditions. Data by state can be used to locate profitable and nonprofitable locations for Title Abstract and Settlement Offices companies in the United States.

Distribution by Company Size

Company Size	All Industries	Title Abstract and Settlement Offices
Small Business (< 5 Employees)	Included
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:

• Cost of goods sold
• Compensation of officers
• Salaries and wages
• Employee benefit programs
• Rent paid
• Advertising and marketing budgets

The report includes a traditional income statement from an "average" Title Abstract and Settlement Offices company (both public and private companies are included).

	Industry Average	Percent of Sales
Total Revenue	Included
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

Financial Ratio Analysis

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

Financial Ratio	Industry Average
Profitability Ratios	Included
Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Products and Services Mix

Product lines and services in the Title Abstract and Settlement Offices industry accounting for the largest revenue sources.

Product Description	Description	Revenue ($ Millions)
Industry total	Included
Legal research & document services
Title, abstract, & settlement services
All other operating receipts
Other document filing & search services
Legal services, civil law
Real estate law
Appraisal services
Patent, copyright, & other intellectual prop doc filing & search
Business & commercial law

Compensation and Salary Surveys

Salary information for employees working in the Title Abstract and Settlement Offices industry.

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	2%	Included
Chief Executives	0%
General and Operations Managers	1%
Legal Occupations	57%
Lawyers, Judges, and Related Workers	34%
Lawyers and Judicial Law Clerks	34%
Lawyers	34%
Legal Support Workers	23%
Paralegals and Legal Assistants	20%
Paralegals and Legal Assistants	20%
Office and Administrative Support Occupations	35%
Secretaries and Administrative Assistants	19%
Secretaries and Administrative Assistants	19%
Legal Secretaries	14%
Other Office and Administrative Support Workers	5%

Government Contracts

The federal government spent an annual total of $2,560,945 on the Title Abstract and Settlement Offices industry. It has awarded 1,024 contracts to 121 companies, with an average value of $21,165 per company.

Top Companies in Title Abstract and Settlement Offices and Adjacent Industries

Company	Address	Revenue ($ Millions)
Included