What they said.
California Horse Economic Statistics
The horse industry is a very large and important part of our state, national, and local economies, involving agriculture, business, sport, racing, entertainment and recreation. The three top states with the largest amount of revenue from goods and services produced are first, California, then Florida and Texas. however, California exceeds both Texas and Florida if value of goods and services produced by the horse industry by more than $1 billion dollars.
The following information is from the comprehensive report completed in by the Deloitte Consulting LLP for the American Horse Council Foundation (HorseCouncil.org). It validates what the industry has known for some time, that the horse industry is a highly-diverse, national, serious and economically significant industry that deserves the attention of the general public, the media and federal, state and local officials.
California Horse Industry - 4.1 Billion Dollars
The California horse industry produces goods and services valued at $4.1 billion (larger than even Texas which produced $3.0 billion).
There are 698,000 horses in California, over 70 percent of which are involved in showing and recreation. (California is only exceeded by Texas which has 979,000 horses).
311,100 Californians are involved in the industry as horse owners, service providers, employees, and volunteers. Even more participate as spectators.
The national industry has a $7 billion impact on the California economy when the multiplier effect of spending by industry suppliers employees is taken into account. Accounting for off-site spending of spectators would result in an even higher figure.
The California horse industry directly provides 54,200 full-time equivalent (FTE) jobs. Spending by suppliers and employees (in California and other states) generates additional jobs in California for a total employment impact of 130,200.
National Statistics Highlights
There are 9.2 million horses in the United States.
4.6 million Americans are involved in the industry as horse owners, service providers, employees and volunteers. Tens of millions more participate as spectators.
2 million people own horses in the United States.
The horse industry has a direct economic effect on the U.S. of $39 billion annually.
The industry has a $102 billion impact on the U.S. economy when the multiplier effect of spending by industry suppliers and employees is taken into account. Including off-site spending of spectators would result in an even higher figure.
The industry directly provides 460,000 full-time equivalent (FTE) jobs.
Spending by suppliers and employees generates additional jobs for a total employment impact of 1.4 million FTE jobs.
The horse industry pays $1.9 billion in taxes to all levels of government.
Approximately 34% of horse owners have a household income of less than $50,000 and 28% have an annual income of over $100,000. 46% of horse owners have an income of between $25,000 to $75,000.
Over 70% of horse owners live in communities of 50,000 or less.
There are horses in every state. Forty-five states have at least 20,000 horses each.
WOW. That's a lot of horses. Contact us if you're interested in buying or selling a place for yours.