Musical instrument & supplies stores

Industry Group

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Workforce Population

39.6k

2021

Average Employee Age

2021

Average Salary

$37,599

2021

Average Male Salary

$39,256

2021

Average Female Salary

$32,573

2021

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 42.9 hours per week and have an average annual salary of $47,988. Part-time employees in the same industry work 21.1 hours and earn an average annual salary of $15,486.

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, Fort Wayne City (South) PUMA, IN, and Maplewood, Roseville & North St. Paul Cities PUMA, MN.

The workforce of Musical instrument & supplies stores Industry Group in 2021 was 39,614 people, with 24.8% woman, and 75.2% men.

In 2021, 84.8% of the workforce in the Musical instrument & supplies stores Industry Group was White (33,610 people), of which 25% were women and 75% men.

Photo by hobvias sudoneighm

Retail Trade

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 39,614 people and is concentrated in California (4,909 workers). The average annual salary was $37,599, being $21,996 less than the national average salary, which was $59,596.

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 2021 were California (4.91k), Texas (3.55k), and Florida (2.8k).

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

Yearly Wage Ranking

In 2021, Musical instrument & supplies stores Industry Group had an average annual wage of $37,599, $21,996 less than the average national salary of $59,596.

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

Wage Distribution

0.423

WAGE GINI

Musical instrument & supplies stores has a wage GINI of 0.423, which is less than than the national average of 0.478. 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 13,216 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 2021, the occupations that concentrated the largest number of employees in this industry were retail salespersons (13,216 people), firstline supervisors of retail sales workers (6,654 people), and precision instrument & equipment repairers (3,351 people)

Wage by Sex in Common Jobs

$39,256

AVERAGE MALE SALARY

±$5,408

$32,573

AVERAGE FEMALE SALARY

±$7,192

On average, Male workers in the Musical instrument & supplies stores Industry Group make 1.21 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.

California and Texas stand out as the states with the largest number of establishments in the Musical instrument & supplies stores Industry Group.

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

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.

Establishments

States with more establishments in 2016

The charts shows the distribution of establishments in the Musical instrument & supplies stores industry by states and the number of establishments according to size.

Diversity

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

Of the total workforce, 24.8% corresponds to women and 75.2% men. Male employees tend to earn more than Female employees, with average respective salaries of $39,256 and $32,573.

79.4% of workers have a some college, bachelors degree or high school or equivalent.

Gender and Age

9,820

Women

24.8%

29,794

Men

75.2%

The workforce of Musical instrument & supplies stores industry in 2021 was 39,614 people, with 24.8% woman, and 75.2% men.

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

Races

In 2021, 84.8% of the workforce in the Musical instrument & supplies stores industry was White (33,610 people), of which 25% were women and 75% 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 2021 were some college (12,710 people), bachelors degree (11,520 people), and high school or equivalent (7,213 people).

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