Support Activities for Animal Production in Michigan
Revenue benchmarks for support activities for animal production businesses operating in Michigan.
#10 of 50 states+26.6% vs national avg
Average Revenue
$1.2M
per year
Businesses
113
in Michigan
Revenue / Employee
$193K
per year
Labor Cost
20.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
1.1
firms per 100K in MI
Total Revenue
$133.6M
all firms in MI
Total Employees
693
in MI
How Michigan Compares
National Average$934K
Michigan$1.2M
Difference+$248K (+26.6%)