Support Activities for Forestry in Michigan
Revenue benchmarks for support activities for forestry businesses operating in Michigan.
#25 of 50 states-51.2% vs national avg
Average Revenue
$1.2M
per year
Businesses
49
in Michigan
Revenue / Employee
$261K
per year
Labor Cost
20.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
0.5
firms per 100K in MI
Total Revenue
$59.2M
all firms in MI
Total Employees
227
in MI
How Michigan Compares
National Average$2.5M
Michigan$1.2M
Difference$1.3M (-51.2%)