Automotive equipment rental & leasing

Industry Group

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Workforce

227k

2019 BLS Estimate

Average Employee Age

42.2

Estimated Job Growth

1.77%

10-Year Projection

Average Salary

$43,259

Average Male Salary

$44,717

Average Female Salary

$44,230

About

The top three occupations in the Automotive equipment rental & leasing Industry Group are Firstline supervisors of nonretail sales workers, Customer service representatives, Counter & rental clerks, Driver/sales workers & truck drivers, and Cleaners of vehicles & equipment. On average, full-time employees in the Automotive equipment rental & leasing Industry Group work 43.9 hours per week and have an average annual salary of $52,416. Part-time employees in the same industry work 23.4 hours and earn an average annual salary of $15,765.

The locations with the highest concentration of employees in the Automotive equipment rental & leasing Industry Group are Orlando City (East Downtown) & Azalea Park PUMA, FL, St. Louis County (West) PUMA, MO, and Maui, Kalawao & Kauai Counties PUMA, HI. The industry that purchases the most products or services from the Hospitals Industry Group is Automotive equipment rental & leasing.

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

Workforce

A snapshot of jobs, wages, and opportunities in the Automotive equipment rental & leasing Industry Group. Firstline supervisors of nonretail sales workers are the most common position, but the Automotive equipment rental & leasing Industry Group employs a relatively high number of Counter & rental clerks, compared to other industries.

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

Monthly Employment

Start Year

Y-Axis

12.1%

Year-over-year growth

Employment change between May 2020 and May 2021

As of May 2021, there are 19.4k people employed in the Automotive Equipment Rental and Leasing industry. This represents a 12.1% increase in employment when compared to May 2020.

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

Occupations

Occupations by Share

227k

Workforce (BLS Estimate)

ACS Estimate: 193k

−0.596%

1 Year Growth

± 7.93%

The Bureau of Labor Statistics estimates that there were 227k people employed in the Automotive equipment rental & leasing Industry Group in 2019.

According to ACS estimates, the number of people employed in the Automotive equipment rental & leasing Industry Group has been declining at a rate of −0.596%, , from 194k people in 2019 to 193k people in 2020.

The following graphic shows the share of employment in Automotive equipment rental & leasing by various occupations according to ACS estimates. Firstline supervisors of nonretail sales workers represent the largest share of positions held in Automotive equipment rental & leasing at 10.9%, followed by Customer service representatives with 10.1% and Counter & rental clerks with 8.9%.

Most Common

The most common occupations in the Automotive equipment rental & leasing Industry Group, by number of employees, are Firstline supervisors of nonretail sales workers, Customer service representatives, Counter & rental clerks, Driver/sales workers & truck drivers, and Cleaners of vehicles & equipment.

Most Specialized

Compared to other Industry Groups, Automotive equipment rental & leasing employs an unusually high number of Counter & rental clerks, Motor vehicle operators, all other, and Cleaners of vehicles & equipment.

Highest Paid

The highest paid occupations in Automotive equipment rental & leasing, by average wage, are Lawyers, & judges, magistrates, & other judicial workers, Chief executives & legislators, and Public relations specialists.

Wages

Average Salary

$43,259

AVERAGE WAGE

± $2,907

On average, employees in the Automotive equipment rental & leasing Industry Group make $43,259 per year. This number makes Automotive equipment rental & leasing the 199 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 Automotive equipment rental & leasing Industry Group.

Wage Distribution

0.461

WAGE GINI

Automotive equipment rental & leasing has a wage GINI of 0.461, which is less than than the national average of 0.478. 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).

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 Automotive equipment rental & leasing Industry Group.

These are locations that employ more people in the Automotive equipment rental & leasing Industry Group than expected given both the size of that location's overall labor pool and the national size of the Automotive equipment rental & leasing Industry Group.

Diversity

Demographic information on the Automotive equipment rental & leasing Industry Group in the US. Male employees tend to earn more than Female employees, with average respective salaries of $44,717 and $44,230. So too tend to earn more than other races and ethnicities in this industry.

Composition by Sex

54.9k

FEMALE WORKFORCE

±5.75k

138k

MALE WORKFORCE

±9.13k

71.6% of workers in the Automotive equipment rental & leasing Industry Group are Male, making them the more common sex in the workforce. This chart shows the sex breakdown of the Automotive equipment rental & leasing Industry Group.

Wage by Sex in Common Jobs

$44,717

AVERAGE MALE SALARY

±$3,640

$44,230

AVERAGE FEMALE SALARY

±$3,675

On average, Male workers in the Automotive equipment rental & leasing Industry Group make 1.01 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.

Wage by Race & Ethnicity in Common Jobs

RACE OR ETHNICITY WITH THE HIGHEST AVERAGE SALARY

White
Asian
Two or More Races

On average, White employees in the Automotive equipment rental & leasing Industry Group earn 1.12 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 Automotive equipment rental & leasing Industry Group.

Input/Output

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. 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.

Industrial Flow

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

Intermediate Inputs

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

HIGHEST INPUT INDUSTRY

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. This visualization does not include labor and capital costs.

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.

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 7.66% in the next ten years. The Automotive equipment rental and leasing industry has a lower projected workforce growth at 1.77%. Its projected 10-year growth in output (25.4%) is higher 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 Automotive equipment rental and leasing.

1.77%

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 Automotive equipment rental and leasing. This industry is expected to grow less than than 7.66%, the average rate of national job growth.