Advertising Agencies in Michigan
Revenue benchmarks for advertising agencies businesses operating in Michigan.
#4 of 50 states+34.2% vs national avg
Average Revenue
$3.8M
per year
Businesses
292
in Michigan
Revenue / Employee
$174K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
2.9
firms per 100K in MI
Total Revenue
$1.1B
all firms in MI
Total Employees
6,346
in MI
How Michigan Compares
National Average$2.8M
Michigan$3.8M
Difference+$964K (+34.2%)