Tax Preparation Services in Michigan
Revenue benchmarks for tax preparation services businesses operating in Michigan.
#22 of 50 states+1.2% vs national avg
Average Revenue
$285K
per year
Businesses
497
in Michigan
Revenue / Employee
$33K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
4.9
firms per 100K in MI
Total Revenue
$141.5M
all firms in MI
Total Employees
4,282
in MI
How Michigan Compares
National Average$281K
Michigan$285K
Difference+$3K (+1.2%)