Financial Transactions Processing, Reserve, and Clearinghouse Activities in Michigan
Revenue benchmarks for financial transactions processing, reserve, and clearinghouse activities businesses operating in Michigan.
#31 of 50 states-66.9% vs national avg
Average Revenue
$8.7M
per year
Businesses
84
in Michigan
Revenue / Employee
$313K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
0.8
firms per 100K in MI
Total Revenue
$726.8M
all firms in MI
Total Employees
2,320
in MI
How Michigan Compares
National Average$26.1M
Michigan$8.7M
Difference$17.5M (-66.9%)