Commercial and Institutional Building Construction in Michigan
Revenue benchmarks for commercial and institutional building construction businesses operating in Michigan.
#33 of 50 states-23.1% vs national avg
Average Revenue
$3.6M
per year
Businesses
1,076
in Michigan
Revenue / Employee
$264K
per year
Labor Cost
30.0%
of revenue
Profit Margin
7.0%
industry average
Market Saturation
10.7
firms per 100K in MI
Total Revenue
$3.8B
all firms in MI
Total Employees
14,500
in MI
How Michigan Compares
National Average$4.6M
Michigan$3.6M
Difference$1.1M (-23.1%)