Ship & boat building

Industry Group

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Workforce
142k
2019 BLS Estimate
Average Employee Age
42.7
Estimated Job Growth
−14.7%
10-Year Projection
Average Salary
$61,238
Average Male Salary
$62,679
Average Female Salary
$61,348

About

The top three occupations in the Ship & boat building Industry Group are Welding, soldering, & brazing workers, Other assemblers and fabricators, Firstline supervisors of production & operating workers, Marine engineers & naval architects, and Electricians. On average, full-time employees in the Ship & boat building Industry Group work 43.4 hours per week and have an average annual salary of $62,372. Part-time employees in the same industry work 21.2 hours and earn an average annual salary of $23,840.

The locations with the highest concentration of employees in the Ship & boat building Industry Group are Jackson County PUMA, MS, Isle of Wight, Southampton Counties, Suffolk & Franklin Cities PUMA, VA, and New London County (South) PUMA, CT. The industry that purchases the most products or services from the Hospitals Industry Group is Ship & boat building.

Workforce

A snapshot of jobs, wages, and opportunities in the Ship & boat building Industry Group. Welding, soldering, & brazing workers are the most common position, but the Ship & boat building Industry Group employs a relatively high number of Marine engineers & naval architects, compared to other industries. 

The highest average salary in Ship & boat building goes to Financial managers.

Monthly Employment

Start Year
Y-Axis
7.23%
Year-over-year growth
Employment change between May 2020 and May 2021

As of May 2021, there are 26.7k people employed in the Ship and Boat Building industry. This represents a 7.23% increase in employment when compared to May 2020.

This chart shows monthly employment numbers for Ship and Boat Building over time (non-seasonally adjusted).

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Occupations

Occupations by Share

142k
Workforce (BLS Estimate)
ACS Estimate: 179k
−0.729%
1 Year Growth
± 8.25%

The Bureau of Labor Statistics estimates that there were 142k people employed in the Ship & boat building Industry Group in 2019.

According to ACS estimates, the number of people employed in the Ship & boat building Industry Group has been declining at a rate of −0.729%, , from 180k people in 2019 to 179k people in 2020.

The following graphic shows the share of employment in Ship & boat building by various occupations according to ACS estimates. Welding, soldering, & brazing workers represent the largest share of positions held in Ship & boat building at 9.31%, followed by Other assemblers and fabricators with 7.4% and Firstline supervisors of production & operating workers with 5.97%.

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Most Specialized

Compared to other Industry Groups, Ship & boat building employs an unusually high number of Marine engineers & naval architects, Riggers, and Welding, soldering, & brazing workers.

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Highest Paid

The highest paid occupations in Ship & boat building, by average wage, are Financial managers, Administrative services managers, and Architectural & engineering managers.

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Wages

Average Salary

$61,238
AVERAGE WAGE
± $2,482

On average, employees in the Ship & boat building Industry Group make $61,238 per year. This number makes Ship & boat building the 96 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 Ship & boat building Industry Group.

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Wage Distribution

0.316
WAGE GINI

Ship & boat building has a wage GINI of 0.316, which is less than than the national average of 0.478. In other words, wages are distributed more evenly in Ship & boat building (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 Ship & boat building Industry Group.

These are locations that employ more people in the Ship & boat building Industry Group than expected given both the size of that location's overall labor pool and the national size of the Ship & boat building Industry Group.

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Diversity

Demographic information on the Ship & boat building Industry Group in the US. Male employees tend to earn more than Female employees, with average respective salaries of $62,679 and $61,348. So too tend to earn more than other races and ethnicities in this industry.

Composition by Sex

28.2k
FEMALE WORKFORCE
±4.12k
151k
MALE WORKFORCE
±9.53k

84.3% of workers in the Ship & boat building Industry Group are Male, making them the more common sex in the workforce. This chart shows the sex breakdown of the Ship & boat building Industry Group.

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Wage by Sex in Common Jobs

$62,679
AVERAGE MALE SALARY
±$2,727
$61,348
AVERAGE FEMALE SALARY
±$2,701

On average, Male workers in the Ship & boat building Industry Group make 1.02 times more than their Female counterparts. This chart shows the sex-based wage disparity in the 5 most common occupations in the Ship & boat building Industry Group.

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Wage by Race & Ethnicity in Common Jobs

RACE OR ETHNICITY WITH THE HIGHEST AVERAGE SALARY
  1. Asian
  2. Native Hawaiian and Other Pacific Islander
  3. White

On average, Asian employees in the Ship & boat building Industry Group earn 1.11 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 Ship & boat building Industry Group.

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Input/Output

Estimates of the sources of the costs and the purchasers of the products in the Ship & boat building 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. Manufacturing has the highest single input, by dollars, to the Ship & boat building Industry Group, and the largest industry purchasing services from the Ship & boat building 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.

Industrial Flow

The closest comparable data for Ship & boat building is from Manufacturing.
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Intermediate Inputs

The closest comparable data for Ship & boat building is from Manufacturing.

The Ship & boat building Industry Group gets the most input, by its share of the cost of all intermediate inputs, from the Manufacturing 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 Ship & boat building is from Manufacturing.

The Manufacturing Industry purchases the greatest share of products and services from the Ship & boat building Industry Group in order to produce other goods and services. Purchases of the Ship & boat building Industry Group for final consumption by consumers, businesses, or government are not included here.

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Projections

Growth projections of the Ship and boat building 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 Ship and boat building industry has a lower projected workforce growth at −14.7%. Its projected 10-year growth in output (14.6%) is lower than the projected national growth in output (24.2%).

Job Growth

For growth projections, the closest comparible industry reported by the Bureau of Labor Statistics is Ship and boat building.
−14.7%
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 Ship and boat building. This industry is expected to grow less than than 7.66%, the average rate of national job growth.

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Output Growth

For growth projections, the closest comparible industry reported by the Bureau of Labor Statistics is Ship and boat building.
14.6%
Estimate Growth
10-year Projection

This line chart shows the projected 10-year growth in output of the Ship and boat building industry.

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