Electronics Stores in Michigan
Revenue benchmarks for electronics stores businesses operating in Michigan.
#38 of 50 states-31.5% vs national avg
Average Revenue
$3.3M
per year
Businesses
344
in Michigan
Revenue / Employee
$254K
per year
Labor Cost
15.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
3.4
firms per 100K in MI
Total Revenue
$1.1B
all firms in MI
Total Employees
4,506
in MI
How Michigan Compares
National Average$4.9M
Michigan$3.3M
Difference$1.5M (-31.5%)