Commercial, industrial & other intangible assets rental & leasing

Industry Group

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Workforce Population

119k

2021

Average Employee Age

43.2

2021

Estimated Job Growth

−0.53%

10-Year Projection

Average Salary

$76,628

2021

Average Male Salary

$79,879

2021

Average Female Salary

$65,020

2021

About

The top three occupations in the Commercial, industrial & other intangible assets rental & leasing Industry Group are firstline supervisors of nonretail sales workers, sales representatives of services, except advertising, insurance, financial services, and travel, and driver/sales workers & truck drivers. On average, full-time employees in the Commercial, industrial & other intangible assets rental & leasing Industry Group work 45.6 hours per week and have an average annual salary of $79,889. Part-time employees in the same industry work 20.6 hours and earn an average annual salary of $32,542.

The locations with the highest concentration of employees in the Commercial, industrial & other intangible assets rental & leasing Industry Group are Alexandria City PUMA, VA, Liberty & Chambers Counties PUMA, TX, and Midland CountyMidland City PUMA, TX.

The workforce of Commercial, industrial & other intangible assets rental & leasing Industry Group in 2021 was 119,416 people, with 21.9% woman, and 78.1% men.

In 2021, 79.1% of the workforce in the Commercial, industrial & other intangible assets rental & leasing Industry Group was White (94,493 people), of which 20.5% were women and 79.5% men.

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

Employment & Salaries

A snapshot of workforce, wages, and opportunities in the Commercial, industrial & other intangible assets rental & leasing Industry Group.

The workforce in Commercial, industrial & other intangible assets rental & leasing Industry Group was 119,416 people and is concentrated in Texas (16,169 workers). The average annual salary was $76,628, being $17,033 more than the national average salary, which was $59,596.

Monthly Employment

Showing data for the Financial Activities industry sector.

Start Year

Y-Axis

1.64%

Year-over-year growth

Employment change between February 2022 and February 2023

As of February 2023, there are 9.01M people employed in the Financial Activities industry. This represents a 1.64% increase in employment when compared to February 2022.

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

Employment by Location

The states that concentrated the largest workforce in 2021 were Texas (16.2k), California (13.7k), and Virginia (7.39k).

This map shows the states in the United States shaded by workforce for Commercial, industrial & other intangible assets rental & leasing Industry Group.

Yearly Wage Ranking

In 2021, Commercial, industrial & other intangible assets rental & leasing Industry Group had an average annual wage of $76,628, $17,033 more than the average national salary of $59,596.

The graph shows the position of Commercial, industrial & other intangible assets rental & leasing Industry Group in the ranking of industries by average annual wage.

Wage Distribution

0.39

WAGE GINI

Commercial, industrial & other intangible assets rental & leasing has a wage GINI of 0.39, 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).

The graphic shows the distribution of average salaries by buckets for Commercial, industrial & other intangible assets rental & leasing Industry Group workers compared to the entire workforce in the country.

Occupations

A review of jobs and wages in the Commercial, industrial & other intangible assets rental & leasing Industry Group.

Firstline supervisors of nonretail sales workers are the most common position with 11,055 workers, but the Commercial, industrial & other intangible assets rental & leasing Industry Group employs a relatively high number of Sales representatives of services, except advertising, insurance, financial services, and travel and Driver/sales workers & truck drivers.

The highest average salary in Commercial, industrial & other intangible assets rental & leasing goes to Electric motor, power tool, & related repairers.

Occupations Distribution

The graph shows the distribution of employees in the Commercial, industrial & other intangible assets rental & leasing Industry Group according to occupations. In 2021, the occupations that concentrated the largest number of employees in this industry were firstline supervisors of nonretail sales workers (11,055 people), sales representatives of services, except advertising, insurance, financial services, and travel (9,482 people), and driver/sales workers & truck drivers (8,536 people)

Wage by Sex in Common Jobs

$79,879

AVERAGE MALE SALARY

±$5,730

$65,020

AVERAGE FEMALE SALARY

±$8,425

On average, Male workers in the Commercial, industrial & other intangible assets rental & leasing Industry Group make 1.23 times more 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.

Business

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.

The industrial flow illustrates the intermediate inputs and the use of outputs of the Commercial, industrial & other intangible assets rental & leasing Industry Group.

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.

California and Florida stand out as the states with the largest number of establishments in the Commercial, industrial & other intangible assets rental & leasing Industry Group.

Industrial Flow

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

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.

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

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.

Establishments

States with more establishments in 2016

California
108,622
Florida
71,506
New York
67,078

The charts shows the distribution of establishments in the Commercial, industrial & other intangible assets rental & leasing industry by states and the number of establishments according to size.

Diversity

Demographic information on the Commercial, industrial & other intangible assets rental & leasing Industry Group in the US.

Of the total workforce, 21.9% corresponds to women and 78.1% men. Male employees tend to earn more than Female employees, with average respective salaries of $79,879 and $65,020.

75.7% of workers have a high school or equivalent, some college or bachelors degree.

Gender and Age

26,127

Women

21.9%

93,289

Men

78.1%

The workforce of Commercial, industrial & other intangible assets rental & leasing industry in 2021 was 119,416 people, with 21.9% woman, and 78.1% men.

The visualization shows the distribution of the workforce by gender and age in Commercial, industrial & other intangible assets rental & leasing industry.

Races

In 2021, 79.1% of the workforce in the Commercial, industrial & other intangible assets rental & leasing industry was White (94,493 people), of which 20.5% were women and 79.5% men.

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

Educational Levels

The main educational levels achieved by the Commercial, industrial & other intangible assets rental & leasing workers in 2021 were high school or equivalent (37,468 people), some college (27,288 people), and bachelors degree (25,673 people).

The chart shows the Commercial, industrial & other intangible assets rental & leasing workforce by gender and educational level.

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 comparable 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.