How Much Is the Moving Industry Worth? Overview of the Moving Industry

The moving industry is worth $86 billion. It creates over 600,000 jobs directly and indirectly. GoShare connects customers with delivery professionals for help with last mile delivery, logistics and moving. Most companies charge about $90 per hour for labor and transportation. A 2-person moving crew produces $720 daily and $172,800 yearly for the company. The average income per moving job is $500-$2,000. Moving companies make 10% profit on average.

Moving Statistics and Growth

The average American moves 11.7 times. Of 15.3 million households moving yearly, three million move interstate. The moving industry will reach $170.8 billion by 2025, growing at 8.1% yearly. The trucking industry made up $791.7 billion in 2021 and will grow 12.2% in 2021 Q2.

Jobs and Demographics

There were over 6 million moving industry jobs in 2021 paying a median wage of $30,320 annually. 16% of Americans changed states in 2021 when moving, while 58% moved within the same county. Military families and college students move the most frequently.

Leave a Comment