Other Sound Recording Industries in Michigan

Revenue benchmarks for other sound recording industries businesses operating in Michigan.

#23 of 50 states-70.4% vs national avg

Average Revenue

$195K

per year

💰

Businesses

12

in Michigan

🏢

Revenue / Employee

$102K

per year

👤

Labor Cost

40.0%

of revenue

👥

Profit Margin

18.0%

industry average

📈

Market Saturation

0.1

firms per 100K in MI

🎯

Total Revenue

$2.3M

all firms in MI

💵

Total Employees

23

in MI

👷

How Michigan Compares

National Average$658K
Michigan$195K
Difference$463K (-70.4%)