Voluntary Health Organizations in Michigan
Revenue benchmarks for voluntary health organizations businesses operating in Michigan.
#5 of 50 states+30.1% vs national avg
Average Revenue
$5.0M
per year
Businesses
76
in Michigan
Revenue / Employee
$164K
per year
Labor Cost
38.0%
of revenue
Profit Margin
8.0%
industry average
Market Saturation
0.8
firms per 100K in MI
Total Revenue
$380.2M
all firms in MI
Total Employees
2,313
in MI
How Michigan Compares
National Average$3.8M
Michigan$5.0M
Difference+$1.2M (+30.1%)