Musical Groups and Artists in Michigan
Revenue benchmarks for musical groups and artists businesses operating in Michigan.
#2 of 50 states+96.8% vs national avg
Average Revenue
$1.5M
per year
Businesses
75
in Michigan
Revenue / Employee
$142K
per year
Labor Cost
40.0%
of revenue
Profit Margin
12.0%
industry average
Market Saturation
0.7
firms per 100K in MI
Total Revenue
$112.2M
all firms in MI
Total Employees
791
in MI
How Michigan Compares
National Average$760K
Michigan$1.5M
Difference+$736K (+96.8%)