Business Associations in Michigan
Revenue benchmarks for business associations businesses operating in Michigan.
#18 of 50 states-34.2% vs national avg
Average Revenue
$1.1M
per year
Businesses
391
in Michigan
Revenue / Employee
$194K
per year
Labor Cost
38.0%
of revenue
Profit Margin
8.0%
industry average
Market Saturation
3.9
firms per 100K in MI
Total Revenue
$443.0M
all firms in MI
Total Employees
2,279
in MI
How Michigan Compares
National Average$1.7M
Michigan$1.1M
Difference$588K (-34.2%)