Direct Title Insurance Carriers in Michigan
Revenue benchmarks for direct title insurance carriers businesses operating in Michigan.
#24 of 50 states-72.1% vs national avg
Average Revenue
$5.4M
per year
Businesses
30
in Michigan
Revenue / Employee
$329K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
0.3
firms per 100K in MI
Total Revenue
$161.0M
all firms in MI
Total Employees
490
in MI
How Michigan Compares
National Average$19.2M
Michigan$5.4M
Difference$13.9M (-72.1%)