Elementary and Secondary Schools in Michigan
Revenue benchmarks for elementary and secondary schools businesses operating in Michigan.
#14 of 50 states+8.0% vs national avg
Average Revenue
$4.8M
per year
Businesses
400
in Michigan
Revenue / Employee
$73K
per year
Labor Cost
55.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
4.0
firms per 100K in MI
Total Revenue
$1.9B
all firms in MI
Total Employees
26,431
in MI
How Michigan Compares
National Average$4.5M
Michigan$4.8M
Difference+$356K (+8.0%)