Petroleum & petroleum products merchant wholesalers

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Workforce
107k
2019 ACS Estimate
Average Employee Age
45.3
Average Salary
$79,148
Average Male Salary
$82,258
Average Female Salary
$86,027
About
Workforce
Diversity
Input/Output

About

The top three occupations in the Petroleum & petroleum products merchant wholesalers Industry Group are Driver/sales workers & truck drivers, Firstline supervisors of nonretail sales workers, Sales representatives, wholesale & manufacturing, Chief executives & legislators, and Laborers & freight, stock, & material movers, hand. On average, full-time employees in the Petroleum & petroleum products merchant wholesalers Industry Group work 47.9 hours per week and have an average annual salary of $81,338. Part-time employees in the same industry work 23.2 hours and earn an average annual salary of $43,712.

The locations with the highest concentration of employees in the Petroleum & petroleum products merchant wholesalers Industry Group are Montgomery County (South)The Woodlands (North) PUMA, TX, South of I-10 & Inside Loop I-610 PUMA, TX, and Anchorage Municipality (South) PUMA, AK. The industry that purchases the most products or services from the Hospitals Industry Group is Petroleum & petroleum products merchant wholesalers.

Wholesale Trade

Workforce

A snapshot of jobs, wages, and opportunities in the Petroleum & petroleum products merchant wholesalers Industry Group. Driver/sales workers & truck drivers are the most common position, but the Petroleum & petroleum products merchant wholesalers Industry Group employs a relatively high number of Pumping station operators, compared to other industries. 

The highest average salary in Petroleum & petroleum products merchant wholesalers goes to Lawyers, & judges, magistrates, & other judicial workers.

Monthly Employment

Showing data for the Trade, Transportation, and Utilities industry sector.
Start Year
Y-Axis
9.62%
Year-over-year growth
Employment change between May 2020 and May 2021

As of May 2021, there are 27.4M people employed in the Trade, Transportation, and Utilities industry. This represents a 9.62% increase in employment when compared to May 2020.

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

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Occupations

Occupations by Share

107k
Workforce (ACS Estimate)
± 8.04k
9.48%
1 Year Growth
± 9.9%

According to ACS estimates, the number of people employed in the Petroleum & petroleum products merchant wholesalers Industry Group has been growing at a rate of 9.48%, , from 98k people in 2018 to 107k people in 2019.

The following graphic shows the share of employment in Petroleum & petroleum products merchant wholesalers by various occupations according to ACS estimates. Driver/sales workers & truck drivers represent the largest share of positions held in Petroleum & petroleum products merchant wholesalers at 16.7%, followed by Firstline supervisors of nonretail sales workers with 10.5% and Sales representatives, wholesale & manufacturing with 7.2%.

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Most Common

The most common occupations in the Petroleum & petroleum products merchant wholesalers Industry Group, by number of employees, are Driver/sales workers & truck drivers, Firstline supervisors of nonretail sales workers, Sales representatives, wholesale & manufacturing, Chief executives & legislators, and Laborers & freight, stock, & material movers, hand.

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Most Specialized

Compared to other Industry Groups, Petroleum & petroleum products merchant wholesalers employs an unusually high number of Pumping station operators, Transportation service attendants, and Geoscientists and hydrologists, except geographers.

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Highest Paid

The highest paid occupations in Petroleum & petroleum products merchant wholesalers, by average wage, are Lawyers, & judges, magistrates, & other judicial workers, Geoscientists and hydrologists, except geographers, and Chief executives & legislators.

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Wages

Average Salary

$79,148
AVERAGE WAGE
± $5,445

On average, employees in the Petroleum & petroleum products merchant wholesalers Industry Group make $79,148 per year. This number makes Petroleum & petroleum products merchant wholesalers the 40 highest paying Industry Group in the United States out of a total of 269 Industry Groups.

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Wage by Location

HIGHEST PAYING PUBLIC USE MICRODATA AREA
HIGHEST PAYING PUMAS
  1. Houston City (Far Northeast) PUMA, TX
  2. North of I-10 & Inside Loop I-610 PUMA, TX
  3. Anchorage Municipality (North) PUMA, AK

This map shows which public use microdata areas (PUMAs) pay the highest average salary to employees in the Petroleum & petroleum products merchant wholesalers Industry Group.

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Wage Distribution

0.402
WAGE GINI

Petroleum & petroleum products merchant wholesalers has a wage GINI of 0.402, which is less than than the national average of 0.478. In other words, wages are distributed more evenly in Petroleum & petroleum products merchant wholesalers (shown in red) in comparison to the national average for those wage buckets (shown in gray).

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Opportunities

Spatial Concentration

Public Use Microdata Areas with RCA
  1. Montgomery County (South)The Woodlands (North) PUMA, TX
  2. South of I-10 & Inside Loop I-610 PUMA, TX
  3. Anchorage Municipality (South) PUMA, AK

This map shows the PUMAs in the United States that have revealed comparative advantage in the Petroleum & petroleum products merchant wholesalers Industry Group.

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

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Diversity

Demographic information on the Petroleum & petroleum products merchant wholesalers Industry Group in the US. Male employees tend to earn less than Female employees, with average respective salaries of $82,258 and $86,027. So too tend to earn more than other races and ethnicities in this industry.

Composition by Sex

26.3k
FEMALE WORKFORCE
±3.98k
81k
MALE WORKFORCE
±6.99k

75.5% of workers in the Petroleum & petroleum products merchant wholesalers Industry Group are Male, making them the more common sex in the workforce. This chart shows the sex breakdown of the Petroleum & petroleum products merchant wholesalers Industry Group.

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Wage by Sex in Common Jobs

$82,258
AVERAGE MALE SALARY
±$6,490
$86,027
AVERAGE FEMALE SALARY
±$7,756

On average, Male workers in the Petroleum & petroleum products merchant wholesalers Industry Group make 0.956 times less than their Female counterparts. This chart shows the sex-based wage disparity in the 5 most common occupations in the Petroleum & petroleum products merchant wholesalers Industry Group.

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Wage by Race & Ethnicity in Common Jobs

RACE OR ETHNICITY WITH THE HIGHEST AVERAGE SALARY
  1. White
  2. American Indian
  3. Asian

On average, White employees in the Petroleum & petroleum products merchant wholesalers Industry Group earn 1.04 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 Petroleum & petroleum products merchant wholesalers Industry Group.

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Input/Output

Estimates of the sources of the costs and the purchasers of the products in the Petroleum & petroleum products merchant wholesalers 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 Petroleum & petroleum products merchant wholesalers Industry Group, and the largest industry purchasing services from the Petroleum & petroleum products merchant wholesalers 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 Petroleum & petroleum products merchant wholesalers is from Wholesale Trade.
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Intermediate Inputs

The closest comparable data for Petroleum & petroleum products merchant wholesalers is from Wholesale Trade.
HIGHEST INPUT INDUSTRY
  1. Professional and business services
  2. Finance, insurance, real estate, rental, and leasing
  3. Transportation and warehousing

The Petroleum & petroleum products merchant wholesalers 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.

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Use of Output by Other Industries

The closest comparable data for Petroleum & petroleum products merchant wholesalers is from Wholesale Trade.
LARGEST PURCHASING INDUSTRY
  1. Manufacturing
  2. Construction
  3. Wholesale trade

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

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