Credit Unions in Michigan
Revenue benchmarks for credit unions businesses operating in Michigan.
#17 of 50 states-3.3% vs national avg
Average Revenue
$14.5M
per year
Businesses
217
in Michigan
Revenue / Employee
$200K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
2.2
firms per 100K in MI
Total Revenue
$3.1B
all firms in MI
Total Employees
15,725
in MI
How Michigan Compares
National Average$15.0M
Michigan$14.5M
Difference$494K (-3.3%)