Court Reporting and Stenotype Services in Michigan
Revenue benchmarks for court reporting and stenotype services businesses operating in Michigan.
#7 of 50 states+24.3% vs national avg
Average Revenue
$518K
per year
Businesses
66
in Michigan
Revenue / Employee
$84K
per year
Labor Cost
55.0%
of revenue
Profit Margin
8.0%
industry average
Market Saturation
0.7
firms per 100K in MI
Total Revenue
$34.2M
all firms in MI
Total Employees
407
in MI
How Michigan Compares
National Average$416K
Michigan$518K
Difference+$101K (+24.3%)