Real Estate Credit in Michigan
Revenue benchmarks for real estate credit businesses operating in Michigan.
#1 of 50 states+73.6% vs national avg
Average Revenue
$79.4M
per year
Businesses
122
in Michigan
Revenue / Employee
$325K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
1.2
firms per 100K in MI
Total Revenue
$9.7B
all firms in MI
Total Employees
29,790
in MI
How Michigan Compares
National Average$45.7M
Michigan$79.4M
Difference+$33.7M (+73.6%)