 APRO: The Official Voice of the Rent to Own Industry
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 State RTO Associations
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State RTO Associations - State Rent-to-Own Statutes and Economic Impact
APRO calculates the key economic indicators for each state according to APRO’s 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.
APRO 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.
Use this link to download a PDF of the rules and regulations charts.
For more information regarding rent-to-own industry statistics, contact Richard May by e-mail or call 800/204-2776, ext. 104.
Alabama 200 rent-to-own stores, 1200 employees, $46,800,000 annual wages, $7,160,000 annual payroll taxes, $139,200,000 annual revenues
Alaska 4 rent-to-own stores, 24 employees, $936,000 annual wages, $143,000 annual payroll taxes, $2,784,000 annual revenues
Arizona 138 rent-to-own stores, 828 employees, $32,292,000 annual wages, $4,940,000 annual payroll taxes, $96,000,000 annual revenues
Arkansas 187 rent-to-own stores, 1122 employees, $43,758,000 annual wages, $6,695,000 annual payroll taxes, $130,152,000 annual revenues
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 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
Connecticut 73 rent-to-own stores, 438 employees, $17,100,000 annual wages, $2,600,000 annual payroll taxes, $50,800,000 annual revenues
Delaware 35 rent-to-own stores, 210 employees, $8,190,000 annual wages, $1,253,000 annual payroll taxes, $24,360,000 annual revenues
Florida 506 rent-to-own stores, 3036 employees, $118,400,000 annual wages, $18,116,000 annual payroll taxes, $352,176,000 annual revenues
Georgia 387 rent-to-own stores, 2322 employees, $90,560,000 annual wages, $13,855,000 annual payroll taxes, $269,352,000 annual revenues
Hawaii 23 rent-to-own stores, 138 employees, $5,400,000 annual wages, $823,000 annual payroll taxes, $16,000,000 annual revenues
Idaho 28 rent-to-own stores, 168 employees, $6,552,000 annual wages, $1,000,000 annual payroll taxes, $19,500,000 annual revenues
Illinois 234 rent-to-own stores, 1404 employees, $54,756,000 annual wages, $8,378,000 annual payroll taxes, $162,860,000 annual revenues
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
Kansas 138 rent-to-own stores, 828 employees, $32,300,000 annual wages, $4,900,000 annual payroll taxes, $96,000,000 annual revenues
Kentucky 183 rent-to-own stores, 1098 employees, $42,822,000 annual wages, $6,600,000 annual payroll taxes, $127,000,000 annual revenues
Louisiana 270 rent-to-own stores, 1620 employees, $63,180,000 annual wages, $9,700,000 annual payroll taxes, $187,920,000 annual revenues
Maine 52 rent-to-own stores, 312 employees, $12,170,000 annual wages, $1,862,000 annual payroll taxes, $36,200,000 annual revenues
Maryland 90 rent-to-own stores, 540 employees, $21,000,000 annual wages, $3,200,000 annual payroll taxes, $62,640,000 annual revenues
Massachusetts 102 rent-to-own stores, 612 employees, $23,870,000 annual wages, $3,650,000 annual payroll taxes, $71,000,000 annual revenues
Michigan 205 rent-to-own stores, 1230 employees, $48,000,000 annual wages, $7,400,000 annual payroll taxes, $142,700,000 annual revenues
Minnesota 7 rent-to-own stores, 42 employees, $1,640,000 annual wages, $251,000 annual payroll taxes, $4,900,000 annual revenues
Mississippi 177 rent-to-own stores, 1062 employees, $41,400,000 annual wages, $6,300,000 annual payroll taxes, $123,200,000 annual revenues
Missouri 290 rent-to-own stores, 1740 employees, $67,900,000 annual wages, $10,400,000 annual payroll taxes, $201,800,000 annual revenues
Montana 22 rent-to-own stores, 132 employees, $5,100,000 annual wages, $788,000 annual payroll taxes, $15,300,000 annual revenues
Nebraska 43 rent-to-own stores, 258 employees, $10,100,000 annual wages, $1,500,000 annual payroll taxes, $29,900,000 annual revenues
Nevada 44 rent-to-own stores, 264 employees, $10,300,000 annual wages, $1,600,000 annual payroll taxes, $30,600,000 annual revenues
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
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
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
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
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
North Dakota 18 rent-to-own stores, 108 employees, $4,200,000 annual wages, $644,000 annual payroll taxes, $12,500,000 annual revenues
Ohio 407 rent-to-own stores, 442 employees, $95,200,000 annual wages, $14,600,000 annual payroll taxes, $283,300,000 annual revenues
Oklahoma 176 rent-to-own stores, 1056 employees, $41,200,000 annual wages, $6,300,000 annual payroll taxes, $122,500,000 annual revenues
Oregon 59 rent-to-own stores, 354 employees, $13,800,000 annual wages, $2,100,000 annual payroll taxes, $41,100,000 annual revenues
Pennsylvania 245 rent-to-own stores, 1470 employees, $57,300,000 annual wages, $8,800,000 annual payroll taxes, $171,000,000 annual revenues
Rhode Island 24 rent-to-own stores, 144 employees, $5,600,000 annual wages, $859,000 annual payroll taxes, $16,700,000 annual revenues
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
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
Tennessee 278 rent-to-own stores, 1668 employees, $65,100,000 annual wages, $9,900,000 annual payroll taxes, $193,500,000 annual revenues
Texas 983 rent-to-own stores, 5898 employees, $230,000,000 annual wages, $35,200,000 annual payroll taxes, $684,200,000 annual revenues
Utah 43 rent-to-own stores, 258 employees, $10,100,000 annual wages, $1,500,000 annual payroll taxes, $29,900,000 annual revenues
Vermont 16 rent-to-own stores, 96 employees, $3,700,000 annual wages, $573,000 annual payroll taxes, $11,100,000 annual revenues
Virginia 218 rent-to-own stores, 1308 employees, $51,000,000 annual wages, $7,800,000 annual payroll taxes, $151,700,000 annual revenues
Washington 127 rent-to-own stores, 762 employees, $29,700,000 annual wages, $4,500,000 annual payroll taxes, $88,400,000 annual revenues
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
Wisconsin 57 rent-to-own stores, 342 employees, $13,300,000 annual wages, $2,000,000 annual payroll taxes, $39,700,000 annual revenues
Wyoming 29 rent-to-own stores, 174 employees, $6,800,000 annual wages, $1,000,000 annual payroll taxes, $20,800,000 annual revenues
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. | ||
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APRO's Rent-to-Own Events:
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Progressive Rentals Magazine
Progressive Rentals is the Association of Progressive Rental Organizations' award-winning rent-to-own industry magazine, and it's available here. | ||
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Complete issue of Progressive Rentals April - May 2008
Make the Connection!
In Search of the Industry's Finest
Rent-to-own and Islam
APROfile: Scott Brown
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Association of Progressive Rental Organizations 1504 Robin Hood Trail Austin, Texas 78703 800/204-2776, ext. 103 Fax 512/794-0097 |