Exam Preparation and Tutoring in Michigan
Revenue benchmarks for exam preparation and tutoring businesses operating in Michigan.
#7 of 50 states+27.5% vs national avg
Average Revenue
$791K
per year
Businesses
154
in Michigan
Revenue / Employee
$55K
per year
Labor Cost
55.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
1.5
firms per 100K in MI
Total Revenue
$121.7M
all firms in MI
Total Employees
2,225
in MI
How Michigan Compares
National Average$620K
Michigan$791K
Difference+$170K (+27.5%)