Continuing Care Retirement Communities in Michigan
Revenue benchmarks for continuing care retirement communities businesses operating in Michigan.
#21 of 50 states-9.1% vs national avg
Average Revenue
$7.3M
per year
Businesses
102
in Michigan
Revenue / Employee
$51K
per year
Labor Cost
50.0%
of revenue
Profit Margin
13.0%
industry average
Market Saturation
1.0
firms per 100K in MI
Total Revenue
$747.5M
all firms in MI
Total Employees
14,763
in MI
How Michigan Compares
National Average$8.1M
Michigan$7.3M
Difference$736K (-9.1%)