Offices of Mental Health Practitioners (except Physicians) in Michigan

Revenue benchmarks for offices of mental health practitioners (except physicians) businesses operating in Michigan.

#18 of 50 states+5.7% vs national avg

Average Revenue

$469K

per year

💰

Businesses

894

in Michigan

🏢

Revenue / Employee

$83K

per year

👤

Labor Cost

50.0%

of revenue

👥

Profit Margin

13.0%

industry average

📈

Market Saturation

8.9

firms per 100K in MI

🎯

Total Revenue

$419.1M

all firms in MI

💵

Total Employees

5,022

in MI

👷

How Michigan Compares

National Average$443K
Michigan$469K
Difference+$25K (+5.7%)