Farm Management Services in Michigan
Revenue benchmarks for farm management services businesses operating in Michigan.
#5 of 50 states+66.8% vs national avg
Average Revenue
$4.5M
per year
Businesses
13
in Michigan
Revenue / Employee
$250K
per year
Labor Cost
20.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
0.1
firms per 100K in MI
Total Revenue
$58.8M
all firms in MI
Total Employees
235
in MI
How Michigan Compares
National Average$2.7M
Michigan$4.5M
Difference+$1.8M (+66.8%)