Other Activities Related to Real Estate in Michigan
Revenue benchmarks for other activities related to real estate businesses operating in Michigan.
#26 of 50 states-33.2% vs national avg
Average Revenue
$910K
per year
Businesses
556
in Michigan
Revenue / Employee
$291K
per year
Labor Cost
25.0%
of revenue
Profit Margin
20.0%
industry average
Market Saturation
5.5
firms per 100K in MI
Total Revenue
$506.1M
all firms in MI
Total Employees
1,741
in MI
How Michigan Compares
National Average$1.4M
Michigan$910K
Difference$453K (-33.2%)