ProceduresGovernment

Workers in the Rental Property (Houses, Land, Etc.)

Occupation (4311) - 2023-Q4

  • 17.3k, Workforce
  • $13.5k MX, Average monthly salary
  • 53.8, Average age
  • 20.9, Weekly hours worked
  • 3.83, Weekly days worked
  • 1.88%, Workforce with second job
  • 59%, Informal Workforce
  • 13.1, Average years of Schooling

About Workers in the Rental Property (Houses, Land, Etc.)

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The workforce of Workers in the Rental Property (Houses, Land, Etc.) during fourth quarter of 2023 was 17.3k people, whose salary averaged $13.5k MX working around 20.9 hours per week.

The average age of Workers in the Rental Property (Houses, Land, Etc.) was 53.8 years. The workforce was distributed in 47.8% men with an average salary of $8.84k MX and, 52.2% women with average salary of $17.8k MX.

The best average salaries received by Workers in the Rental Property (Houses, Land, Etc.) were in San Luis Potosí ($40k MX), Estado de México ($28.7k MX), and Nuevo León ($22.3k MX) while the workforce was larger in Hidalgo (3.48k), Estado de México (2.4k), and Oaxaca (2.16k).

In terms of industries, the best average salaries were in Beauty Salons and Clinics, Public Baths and Washrooms, and Shoeshine Shops ($1.66k MX) and Rental of Household and Personal Goods ($657 MX), while the workforce was concentrated on Rental of Household and Personal Goods (1.2k) and Beauty Salons and Clinics, Public Baths and Washrooms, and Shoeshine Shops (772).

38.1% of the total informal workers correspond to women with an average salary of $8.9k MX and 61.9% to men with an average salary of $6.5k MX.

At the level of states, Tlaxcala had the highest percentage of informal workers with 100% corresponding to 84 from 84 workers, while the state with the lowest percentage of informal workers was Coahuila de Zaragoza with a 21.6% corresponding to 100 from 464 workers.

Workforce and Salaries Evolution

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  • 17.3k, Workforce 2023-Q4
  • $13.5k MX, Average monthly salary 2023-Q4

At fourth quarter of 2023, the people who worked as Workers in the Rental Property (Houses, Land, Etc.) were 17.3k being a 8.35% lower than the third quarter of 2023. (18.8k).

In the same period, an average salary of $13.5k MX was observed, registering an increase of 113%, compared to the third quarter of 2023 ($6.33k MX).

Workforce by State

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The states with the highest number of Workers in the Rental Property (Houses, Land, Etc.) during the fourth quarter of 2023 were Hidalgo (3.48k), Estado de México (2.4k), and Oaxaca (2.16k)

Comparing the first quarter of 2021 and the fourth quarter of 2023, the main positive variations occurred in Hidalgo and Estado de México with an increase of 3.26k (1.52k%) and 1.33k (125%), respectively. On the other hand, the negative variations were accentuated in Sinaloa and Quintana Roo with a decrease of 1.46k (69.8%) and 1.05k (77.4%), respectively.

Salaries by State

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The states with the best average salaries for Workers in the Rental Property (Houses, Land, Etc.) during fourth quarter of 2023 were San Luis Potosí ($40k MX), Estado de México ($28.7k MX), and Nuevo León ($22.3k MX)

Comparing the first quarter of 2021 and the fourth quarter of 2023, the positive salary growth was higher in Sinaloa and Baja California Sur with an increase of $13.5k MX (1.33k%) and $8.47k MX (76.6%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Nayarit and Oaxaca with a decrease of $12k MX (54.5%) and $1.69k MX (15.3%), respectively.

Workforce and Salaries Distribution by Industries

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The visualization shows the distribution of Workers in the Rental Property (Houses, Land, Etc.) in different industries and economic sectors.

At fourth quarter of 2023, the workforce was higher in Rental of Household and Personal Goods (60.8%) and Beauty Salons and Clinics, Public Baths and Washrooms, and Shoeshine Shops (39.2%).

In the same period, the best average salaries were received in Beauty Salons and Clinics, Public Baths and Washrooms, and Shoeshine Shops ($1.66k MX) and Rental of Household and Personal Goods ($657 MX).

Labor Informality

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Labor Informality

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Labor Informality 2023-Q4

  • 59%, Workers in the Rental Property (Houses, Land, Etc.)
  • 54.8%, Average Informality in Mexico

During the fourth quarter of 2023, the labor informality of Workers in the Rental Property (Houses, Land, Etc.) reached a 59%, which implied an increase from 6.49 percentage points compared to the third quarter of 2023  (52.5%).

The labor informality of this occupation was higher than informality at the country level in 4.18 percentage points during the fourth quarter of 2023.

Labor Informality by State

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Greater Labor Informality: 100%, Tlaxcala

Less Labor Informality: 21.6 %, Coahuila de Zaragoza

At fourth quarter of 2023, the states with the highest rate of labor informality in Workers in the Rental Property (Houses, Land, Etc.) were Tlaxcala (100%), Nayarit (100%), and Hidalgo (100%).

The states with the lowest informality rate were Nuevo León (30.6%), Veracruz de Ignacio de la Llave (24.7%), and Coahuila de Zaragoza (21.6%).

Labor Informality by Age and Education

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Workforce

The workforce of Workers in the Rental Property (Houses, Land, Etc.) during the fourth quarter of 2023 was higher in the age group with 65 to 74 years concentrating 5.74k workers of which 26.4% corresponds to formal employment (1.51k) and 73.6% to informal employment (4.23k).

Regarding the schooling years, the workforce was higher in the range with 16 to 18 years of schooling concentrating 8.86k workers of which 57.9%  corresponds to formal employment (5.12k) and 42.1% corresponds to informal employment (3.73k).