Colleges, Universities, and Professional Schools in Michigan
Revenue benchmarks for colleges, universities, and professional schools businesses operating in Michigan.
#30 of 50 states-68.4% vs national avg
Average Revenue
$20.5M
per year
Businesses
60
in Michigan
Revenue / Employee
$57K
per year
Labor Cost
55.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.6
firms per 100K in MI
Total Revenue
$1.2B
all firms in MI
Total Employees
21,475
in MI
How Michigan Compares
National Average$64.9M
Michigan$20.5M
Difference$44.4M (-68.4%)