The rent-to-own industry The rent-to-own industry
APRO
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Introduction to rent-to-own
Our message to Congress
Why federal rent-to-own legislation?
Rent-to-own industry overview
Rent-to-own prices
Rent-to-own customer
Rent-to-own in the marketplace
profits
Legislative activity
Legilsative history
Economic impact and state statutes
Studies on rent-to-own
 
Economic impact and state statues
 

APRO calculates the key economic indicators for each state according to its database and the annual industry survey conducted by statistical research firm Industry Insights. APRO has been the leader in defining the rent-to-own industry statistically for the past decade and continues to refine and build the rent-to-own statistical story for Wall Street, financial analysts, bankers, the media, legislators and industry newcomers. The association has compiled state-by-state RTO rules and regulations into an easy-to-reference set of charts organized by in-store price tag disclosures, rent-to-own contract disclosures, specifications on fees and payments, advertising disclosures and reinstatement rights. Click here to download a PDF of the rules and regulations charts. These numbers were calculated based on results from APRO’s 2007 Rent-to-Own Industry Statistical Survey and APRO’s database. The average store grosses $696,000 annually with 50,000 workers nationally earning an average of $39,000 a year in wages.

 
 

 

Alabama

200 rent-to-own stores
1200 employees
$46,800,000 annual wages
$7,160,000 annual payroll taxes
$139,200,000 annual revenues
Click here to download state RTO statutes

 

Alaska

4 rent-to-own stores
24 employees
$936,000 annual wages
$143,000 annual payroll taxes
$2,784,000 annual revenues
Click here to download state RTO statutes

 

Arizona

138 rent-to-own stores
828 employees
$32,292,000 annual wages
$4,940,000 annual payroll taxes
$96,000,000 annual revenues
Click here to download state RTO statutes

 

Arkansas

187 rent-to-own stores
1122 employees
$43,758,000 annual wages
$6,695,000 annual payroll taxes
$130,152,000 annual revenues
Click here to download state RTO statutes

 

California

316 rent-to-own stores
1896 employees
$73,944,000 annual wages
$11,313,000 annual payroll taxes
$219,936,000 annual revenues
Click here to download state RTO statutes

Click here to download amendments to California’s RTO statutes (amended November 2006)

 

Colorado

110 rent-to-own stores
660 employees
$25,800,000 annual wages
$3,940,000 annual payroll taxes
$76,560,000 annual revenues
Click here to download state RTO statutes

 

Connecticut

73 rent-to-own stores
438 employees
$17,100,000 annual wages
$2,600,000 annual payroll taxes
$50,800,000 annual revenues
Click here to download state RTO statutes

 

Delaware

35 rent-to-own stores
210 employees
$8,190,000 annual wages
$1,253,000 annual payroll taxes
$24,360,000 annual revenues
Click here to download state RTO statutes

 

Florida

506 rent-to-own stores
3036 employees
$118,400,000 annual wages
$18,116,000 annual payroll taxes
$352,176,000 annual revenues
Click here to download state RTO statutes

 

Georgia

387 rent-to-own stores
2322 employees
$90,560,000 annual wages
$13,855,000 annual payroll taxes
$269,352,000 annual revenues
Click here to download state RTO statutes

 

Hawaii

23 rent-to-own stores
138 employees
$5,400,000 annual wages
$823,000 annual payroll taxes
$16,000,000 annual revenues
Click here to download state RTO statutes

 

Idaho

28 rent-to-own stores
168 employees
$6,552,000 annual wages
$1,000,000 annual payroll taxes
$19,500,000 annual revenues
Click here to download state RTO statutes

 

Illinois

234 rent-to-own stores
1404 employees
$54,756,000 annual wages
$8,378,000 annual payroll taxes
$162,860,000 annual revenues
Click here to download state RTO statutes

 

Indiana

255 rent-to-own stores
1530 employees
$59,670,000 annual wages
$9,130,000 annual payroll taxes
$177,800,000 annual revenues

Click here to download state RTO statutes

Click here to download 2007 Indiana state law amendments

 

Iowa

82 rent-to-own stores
492 employees
$19,200,000 annual wages
$2,940,000 annual payroll taxes
$57,100,000 annual revenues
Click here to download state RTO statutes

 

Kansas

138 rent-to-own stores
828 employees
$32,300,000 annual wages
$4,900,000 annual payroll taxes
$96,000,000 annual revenues
Click here to download state RTO statutes

 

Kentucky

183 rent-to-own stores
1098 employees
$42,822,000 annual wages
$6,600,000 annual payroll taxes
$127,000,000 annual revenues
Click here to download state RTO statutes

 

Louisiana

270 rent-to-own stores
1620 employees
$63,180,000 annual wages
$9,700,000 annual payroll taxes
$187,920,000 annual revenues
Click here to download state RTO statutes

 

Maine

52 rent-to-own stores
312 employees
$12,170,000 annual wages
$1,862,000 annual payroll taxes
$36,200,000 annual revenues
Click here to download state RTO statutes

 

Maryland

90 rent-to-own stores
540 employees
$21,000,000 annual wages
$3,200,000 annual payroll taxes
$62,640,000 annual revenues
Click here to download state RTO statutes

 

Massachusetts

102 rent-to-own stores
612 employees
$23,870,000 annual wages
$3,650,000 annual payroll taxes
$71,000,000 annual revenues
Click here to download state RTO statutes

 

Michigan

205 rent-to-own stores
1230 employees
$48,000,000 annual wages
$7,400,000 annual payroll taxes
$142,700,000 annual revenues
Click here to download state RTO statutes

 

Minnesota

7 rent-to-own stores
42 employees
$1,640,000 annual wages
$251,000 annual payroll taxes
$4,900,000 annual revenues
Click here to download state RTO statutes

 

Mississippi

177 rent-to-own stores
1062 employees
$41,400,000 annual wages
$6,300,000 annual payroll taxes
$123,200,000 annual revenues
Click here to download state RTO statutes

 

Missouri

290 rent-to-own stores
1740 employees
$67,900,000 annual wages
$10,400,000 annual payroll taxes
$201,800,000 annual revenues
Click here to download state RTO statutes

Montana

22 rent-to-own stores
132 employees
$5,100,000 annual wages
$788,000 annual payroll taxes
$15,300,000 annual revenues
Click here to download state RTO statutes

 

Nebraska

43 rent-to-own stores
258 employees
$10,100,000 annual wages
$1,500,000 annual payroll taxes
$29,900,000 annual revenues
Click here to download state RTO statutes

 

Nevada

44 rent-to-own stores
264 employees
$10,300,000 annual wages
$1,600,000 annual payroll taxes
$30,600,000 annual revenues
Click here to download state RTO statutes

 

New Hampshire

44 rent-to-own stores
264 employees
$10,300,000 annual wages
$1,600,000 annual payroll taxes
$30,600,000 annual revenues
Click here to download state RTO statutes

 

New Jersey

64 rent-to-own stores
384 employees
$15,000,000 annual wages
$2,300,000 annual payroll taxes
$44,500,000 annual revenues
There are no state RTO statutes in
New Jersey.

 

New Mexico

69 rent-to-own stores
414 employees
$16,100,000 annual wages
$2,500,000 annual payroll taxes
$48,000,000 annual revenues
Click here to download state RTO statutes

 

New York

259 rent-to-own stores
1554 employees
$60,600,000 annual wages
$9,300,000 annual payroll taxes
$180,270,000 annual revenues
Click here to download state RTO statutes

 

North Carolina

340 rent-to-own stores
2040 employees
$79,600,000 annual wages
$12,200,000 annual payroll taxes
$236,600,000 annual revenues
There are no state RTO statutes in
North Carolina.

 

North Dakota

18 rent-to-own stores
108 employees
$4,200,000 annual wages
$644,000 annual payroll taxes
$12,500,000 annual revenues
Click here to download state RTO statutes

 

Ohio

407 rent-to-own stores
442 employees
$95,200,000 annual wages
$14,600,000 annual payroll taxes
$283,300,000 annual revenues
Click here to download state RTO statutes

 

Oklahoma

176 rent-to-own stores
1056 employees
$41,200,000 annual wages
$6,300,000 annual payroll taxes
$122,500,000 annual revenues
Click here to download state RTO statutes

 

Oregon

59 rent-to-own stores
354 employees
$13,800,000 annual wages
$2,100,000 annual payroll taxes
$41,100,000 annual revenues
Click here to download state RTO statutes

 

Pennsylvania

245 rent-to-own stores
1470 employees
$57,300,000 annual wages
$8,800,000 annual payroll taxes
$171,000,000 annual revenues
Click here to download state RTO statutes

 

Rhode Island

24 rent-to-own stores
144 employees
$5,600,000 annual wages
$859,000 annual payroll taxes
$16,700,000 annual revenues
Click here to download state RTO statutes

 

South Carolina

222 rent-to-own stores
1332 employees
$51,900,000 annual wages
$7,900,000 annual payroll taxes
$154,500,000 annual revenues
Click here to download state RTO statutes

 

South Dakota

28 rent-to-own stores
168 employees
$6,500,000 annual wages
$1,000,000 annual payroll taxes
$19,500,000 annual revenues
Click here to download state RTO statutes

 

Tennessee

278 rent-to-own stores
1668 employees
$65,100,000 annual wages
$9,900,000 annual payroll taxes
$193,500,000 annual revenues
Click here to download state RTO statutes

 

Texas

983 rent-to-own stores
5898 employees
$230,000,000 annual wages
$35,200,000 annual payroll taxes
$684,200,000 annual revenues
Click here to download state RTO statutes

 

Utah

43 rent-to-own stores
258 employees
$10,100,000 annual wages
$1,500,000 annual payroll taxes
$29,900,000 annual revenues
Click here to download state RTO statutes

 

Vermont

16 rent-to-own stores
96 employees
$3,700,000 annual wages
$573,000 annual payroll taxes
$11,100,000 annual revenues
Click here to download state RTO statutes

 

Virginia

218 rent-to-own stores
1308 employees
$51,000,000 annual wages
$7,800,000 annual payroll taxes
$151,700,000 annual revenues
Click here to download state RTO statutes

 

Washington

127 rent-to-own stores
762 employees
$29,700,000 annual wages
$4,500,000 annual payroll taxes
$88,400,000 annual revenues
Click here to download state RTO statutes

 

West Virginia

28 rent-to-own stores
168 employees
$6,500,000 annual wages
$1,000,000 annual payroll taxes
$19,500,000 annual revenues
Click here to download state RTO statutes

 

Wisconsin

57 rent-to-own stores
342 employees
$13,300,000 annual wages
$2,000,000 annual payroll taxes
$39,700,000 annual revenues
There are no state RTO statutes in Wisconsin.

 

Wyoming

29 rent-to-own stores
174 employees
$6,800,000 annual wages
$1,000,000 annual payroll taxes
$20,800,000 annual revenues
Click here to download state RTO statutes

 
 
  - - - - - - -
APRO: The Association of Progressive Rental Organizations—
the official voice of the rent-to-own industry

Founded in 1980, APRO is the national, non-profit trade association advocating and representing the rent-to-own industry before the U.S. Congress, state legislatures, courts, media, Wall Street and the public. Click here to contact an APRO representative.
 
 
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