Aerospace products & parts manufacturing

Industry Group

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Workforce

534k

2019 BLS Estimate

Average Employee Age

44.1

Estimated Job Growth

−0.711%

10-Year Projection

Average Salary

$95,309

Average Male Salary

$99,444

Average Female Salary

$99,763

About

The top three occupations in the Aerospace products & parts manufacturing Industry Group are Aerospace engineers, Software developers, Other managers, Inspectors, testers, sorters, samplers, & weighers, and Other assemblers and fabricators. On average, full-time employees in the Aerospace products & parts manufacturing Industry Group work 43.9 hours per week and have an average annual salary of $96,512. Part-time employees in the same industry work 23.5 hours and earn an average annual salary of $48,312.

The locations with the highest concentration of employees in the Aerospace products & parts manufacturing Industry Group are Pima County (Northeast) PUMA, AZ, Tucson City (Far Southeast) & Sahuarita Town PUMA, AZ, and Oro Valley Town PUMA, AZ. The industry that purchases the most products or services from the Hospitals Industry Group is Aerospace products & parts manufacturing.

Photo by U.S. Army CCDC

Manufacturing

Workforce

A snapshot of jobs, wages, and opportunities in the Aerospace products & parts manufacturing Industry Group. Aerospace engineers are the most common position, but the Aerospace products & parts manufacturing Industry Group employs a relatively high number of Aerospace engineers, compared to other industries.

The highest average salary in Aerospace products & parts manufacturing goes to Chief executives & legislators.

Monthly Employment

Showing data for the Manufacturing industry sector.

Start Year

Y-Axis

6.34%

Year-over-year growth

Employment change between May 2020 and May 2021

As of May 2021, there are 12.3M people employed in the Manufacturing industry. This represents a 6.34% increase in employment when compared to May 2020.

This chart shows monthly employment numbers for Manufacturing over time (non-seasonally adjusted).

Occupations

Occupations by Share

534k

Workforce (BLS Estimate)

ACS Estimate: 68.1k

−5.93%

1 Year Growth

± 13.9%

The Bureau of Labor Statistics estimates that there were 534k people employed in the Aerospace products & parts manufacturing Industry Group in 2019.

According to ACS estimates, the number of people employed in the Aerospace products & parts manufacturing Industry Group has been declining at a rate of −5.93%, , from 72.4k people in 2019 to 68.1k people in 2020.

The following graphic shows the share of employment in Aerospace products & parts manufacturing by various occupations according to ACS estimates. Aerospace engineers represent the largest share of positions held in Aerospace products & parts manufacturing at 16%, followed by Software developers with 8.08% and Other managers with 6.47%.

Most Common

The most common occupations in the Aerospace products & parts manufacturing Industry Group, by number of employees, are Aerospace engineers, Software developers, Other managers, Inspectors, testers, sorters, samplers, & weighers, and Other assemblers and fabricators.

Most Specialized

Compared to other Industry Groups, Aerospace products & parts manufacturing employs an unusually high number of Aerospace engineers, Avionics technicians, and Materials engineers.

Highest Paid

The highest paid occupations in Aerospace products & parts manufacturing, by average wage, are Chief executives & legislators, Public relations specialists, and Marketing managers.

Wages

Average Salary

$95,309

AVERAGE WAGE

± $6,195

On average, employees in the Aerospace products & parts manufacturing Industry Group make $95,309 per year. This number makes Aerospace products & parts manufacturing the 17 highest paying Industry Group in the United States out of a total of 269 Industry Groups.

Wage by Location

HIGHEST PAYING PUBLIC USE MICRODATA AREA

HIGHEST PAYING PUMAS

This map shows which public use microdata areas (PUMAs) pay the highest average salary to employees in the Aerospace products & parts manufacturing Industry Group.

Wage Distribution

0.327

WAGE GINI

Aerospace products & parts manufacturing has a wage GINI of 0.327, which is less than than the national average of 0.478. In other words, wages are distributed more evenly in Aerospace products & parts manufacturing (shown in red) in comparison to the national average for those wage buckets (shown in gray).

Opportunities

Spatial Concentration

Public Use Microdata Areas with RCA

This map shows the PUMAs in the United States that have revealed comparative advantage in the Aerospace products & parts manufacturing Industry Group.

These are locations that employ more people in the Aerospace products & parts manufacturing Industry Group than expected given both the size of that location's overall labor pool and the national size of the Aerospace products & parts manufacturing Industry Group.

Diversity

Demographic information on the Aerospace products & parts manufacturing Industry Group in the US. Male employees tend to earn less than Female employees, with average respective salaries of $99,444 and $99,763. So too tend to earn more than other races and ethnicities in this industry.

Composition by Sex

15.5k

FEMALE WORKFORCE

±3.06k

52.6k

MALE WORKFORCE

±5.63k

77.2% of workers in the Aerospace products & parts manufacturing Industry Group are Male, making them the more common sex in the workforce. This chart shows the sex breakdown of the Aerospace products & parts manufacturing Industry Group.

Wage by Sex in Common Jobs

$99,444

AVERAGE MALE SALARY

±$7,406

$99,763

AVERAGE FEMALE SALARY

±$7,468

On average, Male workers in the Aerospace products & parts manufacturing Industry Group make 0.997 times less than their Female counterparts. This chart shows the sex-based wage disparity in the 5 most common occupations in the Aerospace products & parts manufacturing Industry Group.

Wage by Race & Ethnicity in Common Jobs

RACE OR ETHNICITY WITH THE HIGHEST AVERAGE SALARY

American Indian and Alaska Native tribes specified; or American Indian or Alaska Native, not specified and no other races
White
Asian

On average, American Indian and Alaska Native tribes specified; or American Indian or Alaska Native, not specified and no other races employees in the Aerospace products & parts manufacturing Industry Group earn 1.31 times more than other races and ethnicities. This chart shows the race and ethnicity-based wage disparities in the 5 most common occupations in the Aerospace products & parts manufacturing Industry Group.

Input/Output

Estimates of the sources of the costs and the purchasers of the products in the Aerospace products & parts manufacturing 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. Manufacturing has the highest single input, by dollars, to the Aerospace products & parts manufacturing Industry Group, and the largest industry purchasing services from the Aerospace products & parts manufacturing Industry Group is Manufacturing.

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.

Industrial Flow

The closest comparable data for Aerospace products & parts manufacturing is from Manufacturing.

Intermediate Inputs

The closest comparable data for Aerospace products & parts manufacturing is from Manufacturing.

HIGHEST INPUT INDUSTRY

The Aerospace products & parts manufacturing Industry Group gets the most input, by its share of the cost of all intermediate inputs, from the Manufacturing Industry. This visualization does not include labor and capital costs.

Use of Output by Other Industries

The closest comparable data for Aerospace products & parts manufacturing is from Manufacturing.

LARGEST PURCHASING INDUSTRY

The Manufacturing Industry purchases the greatest share of products and services from the Aerospace products & parts manufacturing Industry Group in order to produce other goods and services. Purchases of the Aerospace products & parts manufacturing Industry Group for final consumption by consumers, businesses, or government are not included here.

Projections

Growth projections of the Aerospace product and parts manufacturing industry, both by number of employees and output, from the Bureau of Labor and Statistics. The national workforce is projected to grow 7.66% in the next ten years. The Aerospace product and parts manufacturing industry has a lower projected workforce growth at −0.711%. Its projected 10-year growth in output (23.2%) is lower than the projected national growth in output (24.2%).

Job Growth

For growth projections, the closest comparible industry reported by the Bureau of Labor Statistics is Aerospace product and parts manufacturing.

−0.711%

Estimated Job Growth

10-year Projection

7.66%

National Growth

10-year Projection

This line chart shows the projected 10-year growth in the number of jobs for Aerospace product and parts manufacturing. This industry is expected to grow less than than 7.66%, the average rate of national job growth.