Sound Recording Studios in Michigan
Revenue benchmarks for sound recording studios businesses operating in Michigan.
#8 of 50 states-22.4% vs national avg
Average Revenue
$408K
per year
Businesses
34
in Michigan
Revenue / Employee
$156K
per year
Labor Cost
40.0%
of revenue
Profit Margin
18.0%
industry average
Market Saturation
0.3
firms per 100K in MI
Total Revenue
$13.9M
all firms in MI
Total Employees
89
in MI
How Michigan Compares
National Average$526K
Michigan$408K
Difference$118K (-22.4%)