Musical instrument & supplies stores

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Workforce
42k
2018 ACS Estimate
Average Employee Age
39.8
Average Salary
$32,943
Average Male Salary
$34,016
Average Female Salary
$29,819

About

The top three occupations in the Musical instrument & supplies stores Industry Group are Retail salespersons, Firstline supervisors of retail sales workers, Precision instrument & equipment repairers, Other teachers and instructors, and Customer service representatives. On average, full-time employees in the Musical instrument & supplies stores Industry Group work 42.6 hours per week and have an average annual salary of $41,094. Part-time employees in the same industry work 21.9 hours and earn an average annual salary of $13,039.

The locations with the highest concentration of employees in the Musical instrument & supplies stores Industry Group are Fort Wayne City (South) PUMA, IN. The industry that purchases the most products or services from the Hospitals Industry Group is Musical instrument & supplies stores.

Workforce

A snapshot of jobs, wages, and opportunities in the Musical instrument & supplies stores Industry Group. Retail salespersons are the most common position, but the Musical instrument & supplies stores Industry Group employs a relatively high number of Precision instrument & equipment repairers, compared to other industries. 

The highest average salary in Musical instrument & supplies stores goes to Chief executives & legislators.

Occupations

Occupations by Share

42k
Workforce (ACS Estimate)
± 5.03k
11.7%
1 Year Growth
± 15.6%

According to ACS estimates, the number of people employed in the Musical instrument & supplies stores Industry Group has been growing at a rate of 11.7%, , from 37.6k people in 2017 to 42k people in 2018.

The following graphic shows the share of employment in Musical instrument & supplies stores by various occupations according to ACS estimates. Retail salespersons represent the largest share of positions held in Musical instrument & supplies stores at 32.3%, followed by Firstline supervisors of retail sales workers with 20.1% and Precision instrument & equipment repairers with 6.54%.

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Most Common

The most common occupations in the Musical instrument & supplies stores Industry Group, by number of employees, are Retail salespersons, Firstline supervisors of retail sales workers, Precision instrument & equipment repairers, Other teachers and instructors, and Customer service representatives.

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Most Specialized

Compared to other Industry Groups, Musical instrument & supplies stores employs an unusually high number of Precision instrument & equipment repairers, Radio & telecommunications equipment installers & repairers, and Retail salespersons.

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Highest Paid

The highest paid occupations in Musical instrument & supplies stores, by average wage, are Chief executives & legislators, Accountants & auditors, and General & operations managers.

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Wages

Average Salary

$32,943
AVERAGE WAGE
± $3,333

On average, employees in the Musical instrument & supplies stores Industry Group make $32,943 per year. This number makes Musical instrument & supplies stores the 233 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

This map shows which public use microdata areas (PUMAs) pay the highest average salary to employees in the Musical instrument & supplies stores Industry Group.

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Wage Distribution

0.35
WAGE GINI

Musical instrument & supplies stores has a wage GINI of 0.35, which is less than than the national average of 0.479. 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).

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Opportunities

Spatial Concentration

This map shows the PUMAs in the United States that have revealed comparative advantage in the Musical instrument & supplies stores Industry Group.

These are locations that employ more people in the Musical instrument & supplies stores Industry Group than expected given both the size of that location's overall labor pool and the national size of the Musical instrument & supplies stores Industry Group.

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Diversity

Demographic information on the Musical instrument & supplies stores Industry Group in the US. Male employees tend to earn more than Female employees, with average respective salaries of $34,016 and $29,819. So too tend to earn more than other races and ethnicities in this industry.

Gender Composition

10.7k
FEMALE WORKFORCE
±2.54k
31.2k
MALE WORKFORCE
±4.34k

74.4% of workers in the Musical instrument & supplies stores Industry Group are Male, making them the more common gender in the workforce. This chart shows the gender breakdown of the Musical instrument & supplies stores Industry Group.

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Wage by Gender in Common Jobs

$34,016
AVERAGE MALE SALARY
±$3,842
$29,819
AVERAGE FEMALE SALARY
±$6,644

On average, Male workers in the Musical instrument & supplies stores Industry Group make 1.14 times more than their Female counterparts. This chart shows the gender-based wage disparity in the 5 most common occupations in the Musical instrument & supplies stores Industry Group.

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Wage by Race & Ethnicity in Common Jobs

RACE OR ETHNICITY WITH THE HIGHEST AVERAGE SALARY
  1. White
  2. Two or More Races
  3. Other

On average, White employees in the Musical instrument & supplies stores 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 Musical instrument & supplies stores Industry Group.

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Input/Output

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. 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 visualization, click on a category to expand or collapse it. 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 Musical instrument & supplies stores is from Retail Trade.
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Intermediate Inputs

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

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.

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Use of Output by Other Industries

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

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.

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