Travel Agencies in Michigan
Revenue benchmarks for travel agencies businesses operating in Michigan.
#8 of 50 states+3.7% vs national avg
Average Revenue
$1.7M
per year
Businesses
169
in Michigan
Revenue / Employee
$67K
per year
Labor Cost
55.0%
of revenue
Profit Margin
8.0%
industry average
Market Saturation
1.7
firms per 100K in MI
Total Revenue
$288.8M
all firms in MI
Total Employees
4,328
in MI
How Michigan Compares
National Average$1.6M
Michigan$1.7M
Difference+$61K (+3.7%)