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Economic Insights

See Auto Industry Impacts at the National, State, and Congressional District levels.

Every State is an Auto State

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State Facts

Autos Drive Florida Forward

Industry Impact

329.8K
329.8 Thousand total auto jobs in Florida
2.72%
2.72% depend on the auto industry for jobs
$18.1B
Total Labor Income Annually
$44.9B
Total Car Sales in 2018
1.3M
Total New Cars Sold in 2018
Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2018 data year; compiled by Auto Alliance with data provided by IHS Markit, sales figures represent new vehicle registrations between January 1, 2018 - December 31, 2018.

Tax Revenue

$2.2B
total state tax revenue
4.80%
% of state tax revenue
$2.7B
new vehicle sales taxes
$1.5B
used vehicle sales taxes
$599M
sales tax on auto parts and services
$4.4B
vehicle use taxes (including gas taxes), licenses and fees
$36.8M
corporate profits tax

Registrations

17.1M
Registered

By Body Style

  • Cars 8,302,864 (48.46%)
  • CUVs 3,420,668 (19.97%)
  • SUVs 1,665,153 (9.72%)
  • Pickups 2,699,144 (15.75%)
  • Vans/Minivans 1,045,489 (6.1%)

By Powertrain

  • Gas 16,457,800 (96.06%)
  • Diesel 398,996 (2.33%)
  • Hybrid 233,560 (1.36%)
  • Electric 25,155 (0.15%)
  • Plug-In Hybrid 17,807 (0.1%)
The Florida average age of vehicles is 10.58 years.

Figures compiled by Alliance for Automotive Innovation with data provided by IHS Markit as of December 31, 2018.

New Purchases

1.3M
Vehicles Sold

By Body Style

  • Cars 511,530 (38.51%)
  • CUVs 480,472 (36.17%)
  • SUVs 110,814 (8.34%)
  • Pickups 163,267 (12.29%)
  • Vans/Minivans 62,376 (4.7%)

By Powertrain

  • Gas 1,269,613 (95.57%)
  • Diesel 26,790 (2.02%)
  • Hybrid 18,351 (1.38%)
  • Electric 9,804 (0.74%)
  • Plug-In Hybrid 3,901 (0.29%)

Auto-related Activity at Ports

Economic Activity From Past Decade

  • 64B 64 Billion Total Imports
  • 76.2B 76.2 Billion Total Imports

Economic Activity from 2018

  • 4.8B 4.8 Billion Total Imports
  • 11.9B 11.9 Billion Total Imports

Compiled by the Alliance for Automotive Innovation with data provided by USA Trade Online, figures represent port activity over the past decade and between January 1, 2018 - December 31, 2018.

Fueling

  • Gasoline Stations 10482
  • Electric Charging Stations 1163
  • Biodiesel Stations 2
  • Compressed Natural Gas Stations 27
  • Liquefied Natural Gas Stations 2
  • Liquefied Petroleum Gas Stations 129

Compiled by Alliance for Automotive Innovation with data provided by U.S. Department of Energy's Alternative Fuels Data Center, figures represent fueling stations as of April 9, 2019.

Consumers
$33.8K
Average MSRP Per New Car
$52.6K
Median Household Income
$4.4K
Median Monthly Household Income
$515.00
Median Monthly New Car Payment
11.75%
Car Payment As Percent Of Monthly Income

Commuting to Work

  • Drive Alone to Work (79%)
  • Carpool to Work (9%)
  • Take Public Transportation (1%)
  • Other (9%)

Figures compiled by Alliance for Automotive Innovation with data provided by IHS Markit, U.S. Census Bureau’s American Community Survey 2017 and Federal Reserve Bank of St. Louis. Median Monthly New Car Payment computed for a 60-month loan based on MSRP with 20% down and an APR of 5.36%.

Automaker's Facilities

BMW Group Location Employees
BMW of North America Regional Parts Distribution Center Jacksonville FL 4
Ford Motor Company Location Employees
Lakeland High Velocity Center Davenport FL 33
Ford,FC&FCSD Orl Reg Ofc Maitland FL 27
Ford Credit Tampa Business Center Tampa FL 509
General Motors Location Employees
GM Financial -- Orlando Branch Office Altamonte Springs FL 73
Customer Care & Aftersales -- Orlando Ocoee FL 25
Hyundai/Kia Location Employees
Mobis Parts Distribution Center (Kia) Miami FL
Kia Location Employees
Kia Training Center Orlando FL 1
Mazda Location Employees
Mazda Port Facility Jacksonville FL 2
Mazda Regional Office Jacksonville FL 46
Mercedes-Benz Location Employees
Mercedes-Benz USA Jacksonville FL 181
Stellantis Location Employees
Florida Evaluation Center Naples FL 136
Orlando Parts Distribution Center Orlando FL
Southeast (Orlando) Business Center Orlando FL 498
Subaru of America Location Employees
Subaru Service Training Center - Central Florida Melbourne FL 1
Eastern Region - Zone 4 Orlando (ORL) Orlando FL 12
Volkswagen Group of America Location Employees
Parts Distribution Center Jacksonvile Jacksonville FL 32
Port-Jacksonville Jacksonville FL 2