Engineering Services in Michigan
Revenue benchmarks for engineering services businesses operating in Michigan.
#2 of 50 states+75.3% vs national avg
Average Revenue
$8.8M
per year
Businesses
1,512
in Michigan
Revenue / Employee
$224K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
15.0
firms per 100K in MI
Total Revenue
$13.4B
all firms in MI
Total Employees
59,569
in MI
How Michigan Compares
National Average$5.0M
Michigan$8.8M
Difference+$3.8M (+75.3%)