Automotive equipment rental & leasing

Industry Group

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Workforce Population

172k

2023

Average Employee Age

42.5

2023

Estimated Job Growth

9.05%

10-Year Projection

Average Salary

$53,251

2023

Average Male Salary

$54,474

2023

Average Female Salary

$50,070

2023

About

The top three occupations in the Automotive equipment rental & leasing Industry Group are firstline supervisors of nonretail sales workers, customer service representatives, and cleaners of vehicles & equipment. On average, full-time employees in the Automotive equipment rental & leasing Industry Group work 43.8 hours per week and have an average annual salary of $62,819. Part-time employees in the same industry work 22.8 hours and earn an average annual salary of $20,808.

The locations with the highest concentration of employees in the Automotive equipment rental & leasing Industry Group are Charleston (Northeast) County--Mount Pleasant Town PUMA, SC, Los Angeles County (South Central)--Hawthorne City PUMA, CA, and St. Louis County (Southwest) PUMA, MO.

The workforce of Automotive equipment rental & leasing Industry Group in 2023 was 171,687 people, with 27.8% woman, and 72.2% men.

In 2023, 57.6% of the workforce in the Automotive equipment rental & leasing Industry Group was White (98,892 people), of which 27.8% were women and 72.2% men.

Finance & Insurance, and Real Estate, Rental & Leasing Real estate

Employment & Salaries

A snapshot of workforce, wages, and opportunities in the Automotive equipment rental & leasing Industry Group.

The workforce in Automotive equipment rental & leasing Industry Group was 171,687 people and is concentrated in California (19,765 workers). The average annual salary was $53,251, being $14,476 less than the national average salary, which was $67,727.

Monthly Employment

Start Year

Y-Axis

12.1%

Year-over-year growth

Employment change between February 2022 and February 2023

As of February 2023, there are 23.1k people employed in the Automotive Equipment Rental and Leasing industry. This represents a 12.1% increase in employment when compared to February 2022.

This chart shows monthly employment numbers for Automotive Equipment Rental and Leasing over time (non-seasonally adjusted).

Employment by Location

The states that concentrated the largest workforce in 2023 were California (19.8k), Florida (15.8k), and Texas (14.1k).

This map shows the states in the United States shaded by workforce for Automotive equipment rental & leasing Industry Group.

Yearly Wage Ranking

In 2023, Automotive equipment rental & leasing Industry Group had an average annual wage of $53,251, $14,476 less than the average national salary of $67,727.

The graph shows the position of Automotive equipment rental & leasing Industry Group in the ranking of industries by average annual wage.

Wage Distribution

0.457

WAGE GINI

Automotive equipment rental & leasing has a wage GINI of 0.457, which is less than than the national average of 0.476. In other words, wages are distributed more evenly in Automotive equipment rental & leasing (shown in red) in comparison to the national average for those wage buckets (shown in gray).

The graphic shows the distribution of average salaries by buckets for Automotive equipment rental & leasing Industry Group workers compared to the entire workforce in the country.

Occupations

A review of jobs and wages in the Automotive equipment rental & leasing Industry Group.

Firstline supervisors of nonretail sales workers are the most common position with 20,512 workers, but the Automotive equipment rental & leasing Industry Group employs a relatively high number of Customer service representatives and Cleaners of vehicles & equipment.

The highest average salary in Automotive equipment rental & leasing goes to Lawyers, & judges, magistrates, & other judicial workers.

Occupations Distribution

The graph shows the distribution of employees in the Automotive equipment rental & leasing Industry Group according to occupations. In 2023, the occupations that concentrated the largest number of employees in this industry were firstline supervisors of nonretail sales workers (20,512 people), customer service representatives (15,738 people), and cleaners of vehicles & equipment (14,444 people)

Wage by Sex in Common Jobs

$54,474

AVERAGE MALE SALARY

±$4,414

$50,070

AVERAGE FEMALE SALARY

±$5,751

On average, Male workers in the Automotive equipment rental & leasing Industry Group make 1.09 times more than their Female counterparts. This chart shows the sex-based wage disparity in the 5 most common occupations in the Automotive equipment rental & leasing Industry Group.

Business

Estimates of the sources of the costs and the purchasers of the products in the Automotive equipment rental & leasing Industry Group. Based on estimates from the Bureau of Economic Analysis, this section indicates the amount of money spent by a specific industry in other industries.

The industrial flow illustrates the intermediate inputs and the use of outputs of the Automotive equipment rental & leasing Industry Group.

The Automotive equipment rental & leasing Industry Group gets the most input, by its share of the cost of all intermediate inputs, from the Finance, insurance, real estate, rental, and leasing Industry.

California and Texas stand out as the states with the largest number of establishments in the Automotive equipment rental & leasing Industry Group.

Industrial Flow

The closest comparable data for Automotive equipment rental & leasing is from Finance & Insurance, and Real Estate, Rental & Leasing.

Finance, insurance, real estate, rental, and leasing has the highest single input, by dollars, to the Automotive equipment rental & leasing Industry Group, and the largest industry purchasing services from the Automotive equipment rental & leasing Industry Group is Finance, insurance, real estate, rental, and leasing.

In this flow diagram, all of the industries listed to the left are those places from which the highlighted industry has made purchases. They are the intermediate inputs to the highlighted industry. All those industries listed on the right side are those industries that have made purchases from the highlighted industry. They are the use of outputs of the highlighted industry. The visualizations below offer alternative ways to see and understand this data.

Intermediate Inputs

The closest comparable data for Automotive equipment rental & leasing is from Finance & Insurance, and Real Estate, Rental & Leasing.

HIGHEST INPUT INDUSTRY

Finance, insurance, real estate, rental, and leasing
Professional and business services
Information

Use of Output by Other Industries

The closest comparable data for Automotive equipment rental & leasing is from Finance & Insurance, and Real Estate, Rental & Leasing.

LARGEST PURCHASING INDUSTRY

The Finance, insurance, real estate, rental, and leasing Industry purchases the greatest share of products and services from the Automotive equipment rental & leasing Industry Group in order to produce other goods and services. Purchases of the Automotive equipment rental & leasing Industry Group for final consumption by consumers, businesses, or government are not included here.

Establishments

States with more establishments in 2022

California
1,897
Texas
1,509
Florida
1,474

The charts shows the distribution of establishments in the Automotive equipment rental & leasing industry by states and the number of establishments according to size.

Diversity

Demographic information on the Automotive equipment rental & leasing Industry Group in the US.

Of the total workforce, 27.8% corresponds to women and 72.2% men. Male employees tend to earn more than Female employees, with average respective salaries of $54,474 and $50,070.

79% of workers have a high school or equivalent, bachelors degree or some college.

Gender and Age

47,673

Women

27.8%

124,014

Men

72.2%

The workforce of Automotive equipment rental & leasing industry in 2023 was 171,687 people, with 27.8% woman, and 72.2% men.

The visualization shows the distribution of the workforce by gender and age in Automotive equipment rental & leasing industry.

Races

In 2023, 57.6% of the workforce in the Automotive equipment rental & leasing industry was White (98,892 people), of which 27.8% were women and 72.2% men.

Other races that concentrated a significant number of workers were Black and Two or More Races.

Educational Levels

The main educational levels achieved by the Automotive equipment rental & leasing workers in 2023 were high school or equivalent (48,491 people), bachelors degree (44,615 people), and some college (42,529 people).

The chart shows the Automotive equipment rental & leasing workforce by gender and educational level.

Projections

Growth projections of the Automotive Equipment Rental and Leasing industry, both by number of employees and output, from the Bureau of Labor and Statistics. The national workforce is projected to grow 9.05% in the next ten years. The Automotive Equipment Rental and Leasing industry has a lower projected workforce growth at 9.05%. Its projected 10-year growth in output (7.61%) is lower than the projected national growth in output (7.61%).

Job Growth

For growth projections, the closest comparable industry reported by the Bureau of Labor Statistics is Automotive Equipment Rental and Leasing.

9.05%

Estimated Job Growth

10-year Projection

9.05%

National Growth

10-year Projection

This line chart shows the projected 10-year growth in the number of jobs for Automotive Equipment Rental and Leasing. This industry is expected to grow approximately the same than 9.05%, the average rate of national job growth.