Other Residential Care Facilities in Michigan
Revenue benchmarks for other residential care facilities businesses operating in Michigan.
#47 of 50 states-55.7% vs national avg
Average Revenue
$1.2M
per year
Businesses
206
in Michigan
Revenue / Employee
$63K
per year
Labor Cost
50.0%
of revenue
Profit Margin
13.0%
industry average
Market Saturation
2.0
firms per 100K in MI
Total Revenue
$239.0M
all firms in MI
Total Employees
3,775
in MI
How Michigan Compares
National Average$2.6M
Michigan$1.2M
Difference$1.5M (-55.7%)