Funeral Homes and Funeral Services in Michigan
Revenue benchmarks for funeral homes and funeral services businesses operating in Michigan.
#20 of 50 states-1.8% vs national avg
Average Revenue
$1.0M
per year
Businesses
392
in Michigan
Revenue / Employee
$103K
per year
Labor Cost
38.0%
of revenue
Profit Margin
8.0%
industry average
Market Saturation
3.9
firms per 100K in MI
Total Revenue
$403.4M
all firms in MI
Total Employees
3,929
in MI
How Michigan Compares
National Average$1.0M
Michigan$1.0M
Difference$18K (-1.8%)