How much does a group home owner make a year?
How much does a group home owner make a year?
Average GROUP HOME hourly pay ranges from approximately $9.43 per hour for Caregiver to $11.44 per hour for Direct Care Worker. The average GROUP HOME salary ranges from approximately $16,000 per year for Residential Counselor to $26,454 per year for Para Professional.
Are group homes profitable?
There is no question that group homes have become one of the more profitable businesses within the human services field. Group homes who serve those with intellectual disabilities are particularly successful. Despite these advantages, not all group homes will have long-term success.
How much does the government pay for group homes?
Often, the income potential can be astounding. For specialized housing, an example being group homes for the developmentally disabled, owners such as the Levy brothers in New York each paid themselves over $1,000,000 per year. That equates to over $83,333 per month per person! And this was just the salary.