Petroleum & petroleum products merchant wholesalers

Industry Group

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    Workforce Population
    88.1k
    2024
    Average Employee Age
    45.7
    2024
    Average Salary
    $97,970
    2024
    Average Male Salary
    $103,219
    2024
    Average Female Salary
    $82,895
    2024

    About

    The top three occupations in the Petroleum & petroleum products merchant wholesalers Industry Group are driver/sales workers & truck drivers, sales representatives, wholesale & manufacturing, and firstline supervisors of nonretail sales workers. On average, full-time employees in the Petroleum & petroleum products merchant wholesalers Industry Group work 46.1 hours per week and have an average annual salary of $100,538. Part-time employees in the same industry work 20.4 hours and earn an average annual salary of $48,213.

    The workforce of Petroleum & petroleum products merchant wholesalers Industry Group in 2024 was 88,072 people, with 25.8% woman, and 74.2% men.

    In 2024, 72.2% of the workforce in the Petroleum & petroleum products merchant wholesalers Industry Group was White (63,587 people), of which 26.2% were women and 73.8% men.

    Employment & Salaries

    A snapshot of workforce, wages, and opportunities in the Petroleum & petroleum products merchant wholesalers Industry Group.

    The workforce in Petroleum & petroleum products merchant wholesalers Industry Group was 88,072 people and is concentrated in Texas (21,743 workers). The average annual salary was $97,970, being $28,093 more than the national average salary, which was $69,878.

    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).

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    Employment by Location

    The states that concentrated the largest workforce in 2024 were Texas (21.7k), California (6.33k), and Oklahoma (3.55k).

    This map shows the states in the United States shaded by workforce for Petroleum & petroleum products merchant wholesalers Industry Group.

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    Yearly Wage Ranking

    In 2024, Petroleum & petroleum products merchant wholesalers Industry Group had an average annual wage of $97,970, $28,093 more than the average national salary of $69,878.

    The graph shows the position of Petroleum & petroleum products merchant wholesalers Industry Group in the ranking of industries by average annual wage.

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    Wage Distribution

    0.399
    WAGE GINI

    Petroleum & petroleum products merchant wholesalers has a wage GINI of 0.399, which is less than than the national average of 0.474. 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).

    The graphic shows the distribution of average salaries by buckets for Petroleum & petroleum products merchant wholesalers Industry Group workers compared to the entire workforce in the country.

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    Occupations

    A review of jobs and wages in the Petroleum & petroleum products merchant wholesalers Industry Group.

    Driver/sales workers & truck drivers are the most common position with 15,072 workers, but the Petroleum & petroleum products merchant wholesalers Industry Group employs a relatively high number of Sales representatives, wholesale & manufacturing and Firstline supervisors of nonretail sales workers.

    The highest average salary in Petroleum & petroleum products merchant wholesalers goes to Chief executives & legislators.

    Occupations Distribution

    The graph shows the distribution of employees in the Petroleum & petroleum products merchant wholesalers Industry Group according to occupations. In 2024, the occupations that concentrated the largest number of employees in this industry were driver/sales workers & truck drivers (15,072 people), sales representatives, wholesale & manufacturing (8,370 people), and firstline supervisors of nonretail sales workers (8,212 people)

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    Wage by Sex in Common Jobs

    $103,219
    AVERAGE MALE SALARY
    ±$9,450
    $82,895
    AVERAGE FEMALE SALARY
    ±$12,238

    On average, Male workers in the Petroleum & petroleum products merchant wholesalers Industry Group make 1.25 times more 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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    Business

    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.

    The industrial flow illustrates the intermediate inputs and the use of outputs of the Petroleum & petroleum products merchant wholesalers Industry Group.

    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.

    Texas and California stand out as the states with the largest number of establishments in the Petroleum & petroleum products merchant wholesalers Industry Group.

    Industrial Flow

    The closest comparable data for Petroleum & petroleum products merchant wholesalers is from Wholesale Trade.

    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.

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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.

    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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    Establishments

    States with more establishments in 2022
    1. 790
    2. 684
    3. 275

    The charts shows the distribution of establishments in the Petroleum & petroleum products merchant wholesalers industry by states and the number of establishments according to size.

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    Diversity

    Demographic information on the Petroleum & petroleum products merchant wholesalers Industry Group in the US.

    Of the total workforce, 25.8% corresponds to women and 74.2% men. Male employees tend to earn more than Female employees, with average respective salaries of $103,219 and $82,895.

    76.9% of workers have a high school or equivalent, bachelors degree or some college.

    Gender and Age

    22,743
    Women
    25.8%
    65,329
    Men
    74.2%

    The workforce of Petroleum & petroleum products merchant wholesalers industry in 2024 was 88,072 people, with 25.8% woman, and 74.2% men.

    The visualization shows the distribution of the workforce by gender and age in Petroleum & petroleum products merchant wholesalers industry.

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    Races

    In 2024, 72.2% of the workforce in the Petroleum & petroleum products merchant wholesalers industry was White (63,587 people), of which 26.2% were women and 73.8% men.

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

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    Educational Levels

    The main educational levels achieved by the Petroleum & petroleum products merchant wholesalers workers in 2024 were high school or equivalent (25,329 people), bachelors degree (23,923 people), and some college (18,456 people).

    The chart shows the Petroleum & petroleum products merchant wholesalers workforce by gender and educational level.

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