Photography Studios, Portrait in Michigan
Revenue benchmarks for photography studios, portrait businesses operating in Michigan.
#13 of 50 states+5.7% vs national avg
Average Revenue
$248K
per year
Businesses
188
in Michigan
Revenue / Employee
$63K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
1.9
firms per 100K in MI
Total Revenue
$46.6M
all firms in MI
Total Employees
737
in MI
How Michigan Compares
National Average$235K
Michigan$248K
Difference+$13K (+5.7%)