Title Abstract and Settlement Offices in Michigan
Revenue benchmarks for title abstract and settlement offices businesses operating in Michigan.
#15 of 50 states+4.1% vs national avg
Average Revenue
$1.6M
per year
Businesses
142
in Michigan
Revenue / Employee
$117K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
1.4
firms per 100K in MI
Total Revenue
$228.6M
all firms in MI
Total Employees
1,948
in MI
How Michigan Compares
National Average$1.5M
Michigan$1.6M
Difference+$64K (+4.1%)