Other Support Activities for Water Transportation in Michigan
Revenue benchmarks for other support activities for water transportation businesses operating in Michigan.
#22 of 50 states-75.8% vs national avg
Average Revenue
$532K
per year
Businesses
14
in Michigan
Revenue / Employee
$155K
per year
Labor Cost
35.0%
of revenue
Profit Margin
5.0%
industry average
Market Saturation
0.1
firms per 100K in MI
Total Revenue
$7.4M
all firms in MI
Total Employees
48
in MI
How Michigan Compares
National Average$2.2M
Michigan$532K
Difference$1.7M (-75.8%)