Analysis
NAICS 5321 is the 2022 industry group for automotive equipment rental and leasing, part of 532 (Rental and Leasing Services). Census lists 37 example activities under it in the official index.
County Business Patterns counts 16,466 US establishments in this code in 2023, employing 175,524 people at an average annual payroll of $59,748 per employee (32nd percentile of national industries). 46% of the establishments have fewer than five employees, which is close to the national mix.
Across its national industries Census lists 37 index entries; typical ones are automobile rental, automobile leasing and bus rental or leasing.
It splits into 2 more detailed codes. The largest by establishments is 53211 (Passenger Car Rental and Leasing) with 10,080.
By establishments it ranks 2nd of the 4 codes at this level within Rental and Leasing Services, with 31.6% of them.
Between 2018 and 2023 the number of establishments fell 0% and employment rose 2%. The 2018 count used NAICS 2017, so part of a large move can come from codes being redefined rather than from businesses opening or closing.
Official definition
This industry group comprises establishments primarily engaged in renting or leasing passenger cars and trucks without drivers and utility trailers. These establishments generally operate from a retail-like facility. Some establishments offer only short-term rental, others only longer-term leases, and some provide both types of services.
Source: US Census Bureau, NAICS 2022 Manual.
Index entries (37)
- Automobile rental
- Automobile leasing
- Bus rental or leasing