Offices of Real Estate Agents and Brokers in Michigan
Revenue benchmarks for offices of real estate agents and brokers businesses operating in Michigan.
#18 of 50 states-1.7% vs national avg
Average Revenue
$866K
per year
Businesses
2,049
in Michigan
Revenue / Employee
$261K
per year
Labor Cost
25.0%
of revenue
Profit Margin
20.0%
industry average
Market Saturation
20.3
firms per 100K in MI
Total Revenue
$1.8B
all firms in MI
Total Employees
6,799
in MI
How Michigan Compares
National Average$880K
Michigan$866K
Difference$15K (-1.7%)