Mortgage and Nonmortgage Loan Brokers in Michigan
Revenue benchmarks for mortgage and nonmortgage loan brokers businesses operating in Michigan.
#19 of 50 states-0.9% vs national avg
Average Revenue
$3.3M
per year
Businesses
235
in Michigan
Revenue / Employee
$370K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
2.3
firms per 100K in MI
Total Revenue
$770.1M
all firms in MI
Total Employees
2,083
in MI
How Michigan Compares
National Average$3.3M
Michigan$3.3M
Difference$29K (-0.9%)