Musical instrument & supplies stores

Industry Group

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Workforce Population

39.1k

2022

Average Employee Age

39.1

2022

Average Salary

$41,378

2022

Average Male Salary

$43,781

2022

Average Female Salary

$34,620

2022

About

The top three occupations in the Musical instrument & supplies stores Industry Group are retail salespersons, firstline supervisors of retail sales workers, and precision instrument & equipment repairers. On average, full-time employees in the Musical instrument & supplies stores Industry Group work 43 hours per week and have an average annual salary of $52,460. Part-time employees in the same industry work 20.8 hours and earn an average annual salary of $17,191.

The locations with the highest concentration of employees in the Musical instrument & supplies stores Industry Group are Allen County (Outside Fort Wayne City) PUMA, IN, Allen County (Central)--Fort Wayne City (South) PUMA, IN, and Jackson County (Central)--Medford & Central Point Cities PUMA, OR.

The workforce of Musical instrument & supplies stores Industry Group in 2022 was 39,110 people, with 26.2% woman, and 73.8% men.

In 2022, 82% of the workforce in the Musical instrument & supplies stores Industry Group was White (32,070 people), of which 26% were women and 74% men.

Photo by hobvias sudoneighm

Employment & Salaries

A snapshot of workforce, wages, and opportunities in the Musical instrument & supplies stores Industry Group.

The workforce in Musical instrument & supplies stores Industry Group was 39,110 people and is concentrated in California (5,189 workers). The average annual salary was $41,378, being $26,349 less than the national average salary, which was $67,727.

Monthly Employment

Showing data for the Trade, Transportation, and Utilities industry sector.

Start Year

Y-Axis

0.946%

Year-over-year growth

Employment change between February 2022 and February 2023

As of February 2023, there are 28.9M people employed in the Trade, Transportation, and Utilities industry. This represents a 0.946% increase in employment when compared to February 2022.

This chart shows monthly employment numbers for Trade, Transportation, and Utilities over time (non-seasonally adjusted).

Employment by Location

The states that concentrated the largest workforce in 2022 were California (5.19k), Texas (3.24k), and Florida (2.73k).

This map shows the states in the United States shaded by workforce for Musical instrument & supplies stores Industry Group.

Yearly Wage Ranking

In 2022, Musical instrument & supplies stores Industry Group had an average annual wage of $41,378, $26,349 less than the average national salary of $67,727.

The graph shows the position of Musical instrument & supplies stores Industry Group in the ranking of industries by average annual wage.

Wage Distribution

0.43

WAGE GINI

Musical instrument & supplies stores has a wage GINI of 0.43, which is less than than the national average of 0.476. In other words, wages are distributed more evenly in Musical instrument & supplies stores (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 Musical instrument & supplies stores Industry Group workers compared to the entire workforce in the country.

Occupations

A review of jobs and wages in the Musical instrument & supplies stores Industry Group.

Retail salespersons are the most common position with 13,131 workers, but the Musical instrument & supplies stores Industry Group employs a relatively high number of Firstline supervisors of retail sales workers and Precision instrument & equipment repairers.

The highest average salary in Musical instrument & supplies stores goes to Financial managers.

Occupations Distribution

The graph shows the distribution of employees in the Musical instrument & supplies stores Industry Group according to occupations. In 2022, the occupations that concentrated the largest number of employees in this industry were retail salespersons (13,131 people), firstline supervisors of retail sales workers (7,124 people), and precision instrument & equipment repairers (3,131 people)

Wage by Sex in Common Jobs

$43,781

AVERAGE MALE SALARY

±$6,489

$34,620

AVERAGE FEMALE SALARY

±$7,440

On average, Male workers in the Musical instrument & supplies stores Industry Group make 1.26 times more than their Female counterparts. This chart shows the sex-based wage disparity in the 5 most common occupations in the Musical instrument & supplies stores Industry Group.

Business

Estimates of the sources of the costs and the purchasers of the products in the Musical instrument & supplies stores 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 Musical instrument & supplies stores Industry Group.

The Musical instrument & supplies stores Industry Group gets the most input, by its share of the cost of all intermediate inputs, from the Professional and business services Industry.

Industrial Flow

The closest comparable data for Musical instrument & supplies stores is from Retail Trade.

Professional and business services has the highest single input, by dollars, to the Musical instrument & supplies stores Industry Group, and the largest industry purchasing services from the Musical instrument & supplies stores Industry Group is Construction.

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 Musical instrument & supplies stores is from Retail Trade.

HIGHEST INPUT INDUSTRY

Professional and business services
Transportation and warehousing
Finance, insurance, real estate, rental, and leasing

The Musical instrument & supplies stores 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 Musical instrument & supplies stores is from Retail Trade.

LARGEST PURCHASING INDUSTRY

The Construction Industry purchases the greatest share of products and services from the Musical instrument & supplies stores Industry Group in order to produce other goods and services. Purchases of the Musical instrument & supplies stores Industry Group for final consumption by consumers, businesses, or government are not included here.

Diversity

Demographic information on the Musical instrument & supplies stores Industry Group in the US.

Of the total workforce, 26.2% corresponds to women and 73.8% men. Male employees tend to earn more than Female employees, with average respective salaries of $43,781 and $34,620.

79.6% of workers have a some college, bachelors degree or high school or equivalent.

Gender and Age

10,258

Women

26.2%

28,852

Men

73.8%

The workforce of Musical instrument & supplies stores industry in 2022 was 39,110 people, with 26.2% woman, and 73.8% men.

The visualization shows the distribution of the workforce by gender and age in Musical instrument & supplies stores industry.

Races

In 2022, 82% of the workforce in the Musical instrument & supplies stores industry was White (32,070 people), of which 26% were women and 74% men.

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

Educational Levels

The main educational levels achieved by the Musical instrument & supplies stores workers in 2022 were some college (12,500 people), bachelors degree (11,367 people), and high school or equivalent (7,263 people).

The chart shows the Musical instrument & supplies stores workforce by gender and educational level.