Upholstered Household Furniture Manufacturing in Michigan
Revenue benchmarks for upholstered household furniture manufacturing businesses operating in Michigan.
#17 of 50 states-63.2% vs national avg
Average Revenue
$5.0M
per year
Businesses
23
in Michigan
Revenue / Employee
$290K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.2
firms per 100K in MI
Total Revenue
$114.0M
all firms in MI
Total Employees
393
in MI
How Michigan Compares
National Average$13.4M
Michigan$5.0M
Difference$8.5M (-63.2%)