Services for the Elderly and Persons with Disabilities in Michigan
Revenue benchmarks for services for the elderly and persons with disabilities businesses operating in Michigan.
#36 of 50 states-32.3% vs national avg
Average Revenue
$1.3M
per year
Businesses
875
in Michigan
Revenue / Employee
$51K
per year
Labor Cost
50.0%
of revenue
Profit Margin
13.0%
industry average
Market Saturation
8.7
firms per 100K in MI
Total Revenue
$1.1B
all firms in MI
Total Employees
22,227
in MI
How Michigan Compares
National Average$1.9M
Michigan$1.3M
Difference$612K (-32.3%)