Clothing Accessories Stores in Michigan
Revenue benchmarks for clothing accessories stores businesses operating in Michigan.
#28 of 50 states-45.6% vs national avg
Average Revenue
$1.2M
per year
Businesses
113
in Michigan
Revenue / Employee
$116K
per year
Labor Cost
20.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
1.1
firms per 100K in MI
Total Revenue
$137.0M
all firms in MI
Total Employees
1,179
in MI
How Michigan Compares
National Average$2.2M
Michigan$1.2M
Difference$1.0M (-45.6%)