Commercial, industrial & other intangible assets rental & leasing

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Workforce

2.32M

2019 BLS Estimate

Average Employee Age

43.6

Estimated Job Growth

−0.53%

10-Year Projection

Average Salary

$75,212

Average Male Salary

$78,978

Average Female Salary

$80,461

About

The top three occupations in the Commercial, industrial & other intangible assets rental & leasing Industry Group are Firstline supervisors of nonretail sales workers, Driver/sales workers & truck drivers, Title examiners, abstractors, and searchers, Sales representatives of services, except advertising, insurance, financial services, and travel, and Heavy vehicle & mobile equipment service technicians & mechanics. On average, full-time employees in the Commercial, industrial & other intangible assets rental & leasing Industry Group work 46.3 hours per week and have an average annual salary of $78,292. Part-time employees in the same industry work 19.7 hours and earn an average annual salary of $34,359.

The locations with the highest concentration of employees in the Commercial, industrial & other intangible assets rental & leasing Industry Group are Midland CountyMidland City PUMA, TX, Alexandria City PUMA, VA, and Burke PUMA, VA. The industry that purchases the most products or services from the Hospitals Industry Group is Commercial, industrial & other intangible assets rental & leasing.

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

Workforce

A snapshot of jobs, wages, and opportunities in the Commercial, industrial & other intangible assets rental & leasing Industry Group. Firstline supervisors of nonretail sales workers are the most common position, but the Commercial, industrial & other intangible assets rental & leasing Industry Group employs a relatively high number of Title examiners, abstractors, and searchers, compared to other industries.

The highest average salary in Commercial, industrial & other intangible assets rental & leasing goes to Chief executives & legislators.

Monthly Employment

Showing data for the Financial Activities industry sector.

Start Year

Y-Axis

1.67%

Year-over-year growth

Employment change between May 2020 and May 2021

As of May 2021, there are 8.56M people employed in the Financial Activities industry. This represents a 1.67% increase in employment when compared to May 2020.

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

Occupations

Occupations by Share

2.32M

Workforce (BLS Estimate)

ACS Estimate: 127k

14.9%

1 Year Growth

± 8.79%

The Bureau of Labor Statistics estimates that there were 2.32M people employed in the Commercial, industrial & other intangible assets rental & leasing Industry Group in 2019.

According to ACS estimates, the number of people employed in the Commercial, industrial & other intangible assets rental & leasing Industry Group has been growing at a rate of 14.9%, , from 110k people in 2018 to 127k people in 2019.

The following graphic shows the share of employment in Commercial, industrial & other intangible assets rental & leasing by various occupations according to ACS estimates. Firstline supervisors of nonretail sales workers represent the largest share of positions held in Commercial, industrial & other intangible assets rental & leasing at 9.46%, followed by Driver/sales workers & truck drivers with 6.92% and Title examiners, abstractors, and searchers with 6.47%.

Most Common

The most common occupations in the Commercial, industrial & other intangible assets rental & leasing Industry Group, by number of employees, are Firstline supervisors of nonretail sales workers, Driver/sales workers & truck drivers, Title examiners, abstractors, and searchers, Sales representatives of services, except advertising, insurance, financial services, and travel, and Heavy vehicle & mobile equipment service technicians & mechanics.

Most Specialized

Compared to other Industry Groups, Commercial, industrial & other intangible assets rental & leasing employs an unusually high number of Title examiners, abstractors, and searchers, Counter & rental clerks, and Crane & tower operators.

Highest Paid

The highest paid occupations in Commercial, industrial & other intangible assets rental & leasing, by average wage, are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, and Title examiners, abstractors, and searchers.

Wages

Average Salary

$75,212

AVERAGE WAGE

± $4,350

On average, employees in the Commercial, industrial & other intangible assets rental & leasing Industry Group make $75,212 per year. This number makes Commercial, industrial & other intangible assets rental & leasing the 52 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 Commercial, industrial & other intangible assets rental & leasing Industry Group.

Wage Distribution

0.372

WAGE GINI

Commercial, industrial & other intangible assets rental & leasing has a wage GINI of 0.372, which is less than than the national average of 0.478. In other words, wages are distributed more evenly in Commercial, industrial & other intangible assets 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 Commercial, industrial & other intangible assets rental & leasing Industry Group.

These are locations that employ more people in the Commercial, industrial & other intangible assets rental & leasing Industry Group than expected given both the size of that location's overall labor pool and the national size of the Commercial, industrial & other intangible assets rental & leasing Industry Group.

Diversity

Demographic information on the Commercial, industrial & other intangible assets rental & leasing Industry Group in the US. Male employees tend to earn less than Female employees, with average respective salaries of $78,978 and $80,461. So too tend to earn more than other races and ethnicities in this industry.

Composition by Sex

26.3k

FEMALE WORKFORCE

±3.98k

101k

MALE WORKFORCE

±7.78k

79.3% of workers in the Commercial, industrial & other intangible assets rental & leasing Industry Group are Male, making them the more common sex in the workforce. This chart shows the sex breakdown of the Commercial, industrial & other intangible assets rental & leasing Industry Group.

Wage by Sex in Common Jobs

$78,978

AVERAGE MALE SALARY

±$5,145

$80,461

AVERAGE FEMALE SALARY

±$5,846

On average, Male workers in the Commercial, industrial & other intangible assets rental & leasing Industry Group make 0.982 times less than their Female counterparts. This chart shows the sex-based wage disparity in the 5 most common occupations in the Commercial, industrial & other intangible assets rental & leasing Industry Group.

Wage by Race & Ethnicity in Common Jobs

RACE OR ETHNICITY WITH THE HIGHEST AVERAGE SALARY

Asian
White
Black

On average, Asian employees in the Commercial, industrial & other intangible assets rental & leasing Industry Group earn 1.3 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 Commercial, industrial & other intangible assets rental & leasing Industry Group.

Input/Output

Estimates of the sources of the costs and the purchasers of the products in the Commercial, industrial & other intangible assets 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. Professional and business services has the highest single input, by dollars, to the Commercial, industrial & other intangible assets rental & leasing Industry Group, and the largest industry purchasing services from the Commercial, industrial & other intangible assets rental & leasing Industry Group is Professional and business services.

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 Commercial, industrial & other intangible assets rental & leasing is from Finance & Insurance, and Real Estate, Rental & Leasing.

Intermediate Inputs

The closest comparable data for Commercial, industrial & other intangible assets rental & leasing is from Finance & Insurance, and Real Estate, Rental & Leasing.

HIGHEST INPUT INDUSTRY

The Commercial, industrial & other intangible assets rental & leasing Industry Group gets the most input, by its share of the cost of all intermediate inputs, from the Professional and business services Industry. This visualization does not include labor and capital costs.

Use of Output by Other Industries

The closest comparable data for Commercial, industrial & other intangible assets rental & leasing is from Finance & Insurance, and Real Estate, Rental & Leasing.

LARGEST PURCHASING INDUSTRY

The Professional and business services Industry purchases the greatest share of products and services from the Commercial, industrial & other intangible assets rental & leasing Industry Group in order to produce other goods and services. Purchases of the Commercial, industrial & other intangible assets rental & leasing Industry Group for final consumption by consumers, businesses, or government are not included here.

Projections

Growth projections of the Real Estate and 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 Real Estate and Rental and Leasing industry has a lower projected workforce growth at −0.53%. Its projected 10-year growth in output (20.1%) 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 Real Estate and Rental and Leasing.

−0.53%

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 Real Estate and Rental and Leasing. This industry is expected to grow less than than 7.66%, the average rate of national job growth.