Jewelry Stores in Michigan
Revenue benchmarks for jewelry stores businesses operating in Michigan.
#40 of 50 states-19.8% vs national avg
Average Revenue
$1.9M
per year
Businesses
452
in Michigan
Revenue / Employee
$323K
per year
Labor Cost
14.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
4.5
firms per 100K in MI
Total Revenue
$865.4M
all firms in MI
Total Employees
2,676
in MI
How Michigan Compares
National Average$2.4M
Michigan$1.9M
Difference$471K (-19.8%)