Lessors of Residential Buildings and Dwellings in Michigan
Revenue benchmarks for lessors of residential buildings and dwellings businesses operating in Michigan.
#11 of 50 states+17.1% vs national avg
Average Revenue
$1.4M
per year
Businesses
1,000
in Michigan
Revenue / Employee
$153K
per year
Labor Cost
25.0%
of revenue
Profit Margin
20.0%
industry average
Market Saturation
9.9
firms per 100K in MI
Total Revenue
$1.4B
all firms in MI
Total Employees
9,364
in MI
How Michigan Compares
National Average$1.2M
Michigan$1.4M
Difference+$209K (+17.1%)