General Warehousing and Storage in Michigan
Revenue benchmarks for general warehousing and storage businesses operating in Michigan.
#36 of 50 states-53.9% vs national avg
Average Revenue
$10.4M
per year
Businesses
263
in Michigan
Revenue / Employee
$131K
per year
Labor Cost
35.0%
of revenue
Profit Margin
5.0%
industry average
Market Saturation
2.6
firms per 100K in MI
Total Revenue
$2.7B
all firms in MI
Total Employees
21,008
in MI
How Michigan Compares
National Average$22.6M
Michigan$10.4M
Difference$12.2M (-53.9%)