Translation and Interpretation Services in Michigan

Revenue benchmarks for translation and interpretation services businesses operating in Michigan.

#28 of 50 states-76.0% vs national avg

Average Revenue

$306K

per year

💰

Businesses

49

in Michigan

🏢

Revenue / Employee

$75K

per year

👤

Labor Cost

50.0%

of revenue

👥

Profit Margin

22.0%

industry average

📈

Market Saturation

0.5

firms per 100K in MI

🎯

Total Revenue

$15.0M

all firms in MI

💵

Total Employees

201

in MI

👷

How Michigan Compares

National Average$1.3M
Michigan$306K
Difference$969K (-76.0%)