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

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329,815
329,815 Total Auto Jobs in Florida
2.72%
2.72% is dependent on the Auto Industry for Jobs.
$18.12B
Total Labor Income Annually
$44.92B
Total Car Sales in 2018
1.3M
Total New Car 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

$2.19B
Total State Tax revenue
4.8%
Percent of State Tax Revenue
$2.7B
New Vehicle Sales Taxes
$1.53B
Used Vehicle Sales Taxes
$599M
Sales Tax on Auto Parts and Services
$4.41B
Vehicle Use Taxes (Including Gas Taxes), Licenses and Fees
$36.8M
Corporate Profits Tax

Registrations

17,133,318

Registered

By Body Style

By Powertrain

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

1,328,459

Vehicles Sold

By Body Style

By Powertrain

$76.19B
$76.19 Billion Total Imports
$64.02B
$64.02 Billion Total Exports
$11.86B
$11.86 Billion Total Imports
$4.81B
$4.81 Billion Total Exports
Compiled by 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.
Gasoline Stations 10482
Electric Charging Stations 1163
Biodiesel Stations 2
Compressed Natural Gas Stations 27
Hydrogen Stations 0
Liquefied Natural Gas Stations 2
Liquefied Petroleum Gas Stations 129

$33,816

$33,816 Average MSRP Per New Car

$52,594

$52,594 Median Household Income

$4,383

$4,383 Median Monthly Household Income

$515

$515 Median Monthly New Car Payment

11.75%

11.75% Monthly Car Payment As A Percent Of Monthly Income (%)

Commuting to Work

Automakers' Facilities

BMW Group

Location Employees
BMW of North America Regional Parts Distribution Center Jacksonville 4

Ford Motor Company

Location Employees
Lakeland High Velocity Center Davenport 33
Ford,FC&FCSD Orl Reg Ofc Maitland 27
Ford Credit Tampa Business Center Tampa 509

General Motors

Location Employees
Customer Care & Aftersales -- Orlando Ocoee 25
GM Financial -- Orlando Branch Office Altamonte Springs 73

Hyundai/Kia

Location Employees
Mobis Parts Distribution Center (Kia) Miami

Kia

Location Employees
Kia Training Center Orlando 1

Mazda

Location Employees
Mazda Regional Office Jacksonville 46
Mazda Port Facility Jacksonville 2

Mercedes-Benz

Location Employees
Mercedes-Benz USA Jacksonville 181

Stellantis

Location Employees
Southeast (Orlando) Business Center Orlando 498
Florida Evaluation Center Naples 136
Orlando Parts Distribution Center Orlando

Subaru of America

Location Employees
Eastern Region - Zone 4 Orlando (ORL) Orlando 12
Subaru Service Training Center - Central Florida Melbourne 1

Volkswagen Group of America

Location Employees
Port-Jacksonville Jacksonville 2
Parts Distribution Center Jacksonvile Jacksonville 32