Home Health Care Services in Michigan
Revenue benchmarks for home health care services businesses operating in Michigan.
#47 of 50 states-43.1% vs national avg
Average Revenue
$2.2M
per year
Businesses
1,273
in Michigan
Revenue / Employee
$71K
per year
Labor Cost
50.0%
of revenue
Profit Margin
13.0%
industry average
Market Saturation
12.6
firms per 100K in MI
Total Revenue
$2.8B
all firms in MI
Total Employees
40,167
in MI
How Michigan Compares
National Average$3.9M
Michigan$2.2M
Difference$1.7M (-43.1%)