Nursing Care Facilities (Skilled Nursing Facilities) in Michigan
Revenue benchmarks for nursing care facilities (skilled nursing facilities) businesses operating in Michigan.
#13 of 50 states+15.6% vs national avg
Average Revenue
$12.4M
per year
Businesses
241
in Michigan
Revenue / Employee
$72K
per year
Labor Cost
50.0%
of revenue
Profit Margin
13.0%
industry average
Market Saturation
2.4
firms per 100K in MI
Total Revenue
$3.0B
all firms in MI
Total Employees
41,695
in MI
How Michigan Compares
National Average$10.8M
Michigan$12.4M
Difference+$1.7M (+15.6%)