Plumbing, Heating, and Air-Conditioning Contractors in Michigan
Revenue benchmarks for plumbing, heating, and air-conditioning contractors businesses operating in Michigan.
#16 of 50 states+3.3% vs national avg
Average Revenue
$2.5M
per year
Businesses
2,559
in Michigan
Revenue / Employee
$231K
per year
Labor Cost
30.0%
of revenue
Profit Margin
7.0%
industry average
Market Saturation
25.4
firms per 100K in MI
Total Revenue
$6.3B
all firms in MI
Total Employees
27,364
in MI
How Michigan Compares
National Average$2.4M
Michigan$2.5M
Difference+$78K (+3.3%)