RVs, or Recreational Vehicles, are a way for people to enjoy the outdoors without having to pack too much of their camping gear and just hit the road and be ready to go. The ability to pick up and go at a moment’s notice resonates with some people. During the pandemic, sales did not affect the RV industry, as it had a 4% boom in sales. In fact, it is estimated that it will get a 19% surge in sales post-pandemic.
Article Contents
- Recreational Vehicle Information: How Many RVs are Sold Each Year?
- RV Consumer Demographic: What State Sells the Most RVs?
- Recreational Vehicle Owners: How Many Full-Time RVer are there in the USA?
RVs are more popular than ever. Have you ever wondered exactly how many RV dealerships are there? There were more than 7,000 dealerships in the US at last count, with Indian manufacturing most of the RVs in the market today. Below, you’ll find more information on RV demographics, the RV market, and more.
Statistics (Editors Picks)
- In 2020 the North American Recreational Vehicle Market (RV) was valued at 26.7 Billion
- The North American RV industry is responsible for over 18 billion in retail sales
- A 19.5% surge in RVs is estimated for the 2021 post-pandemic
- Average RV owner uses their RV 28-35 days a year
- The fastest new group of RV owners are aged 35-44
- Indiana sells the most RVs out of any state, with $6.8 billion in sales
- There are approximately 1 million people that live in their RV full time
Recreational Vehicle Information
How Many Rvs are Sold Each Year?
Photo Credit: Blake Wisz on Unsplash
In 2020, the North American Recreational Vehicle Market (RV) was valued at 26.7 Billion
Americans love their RVs. In fact, during a pandemic, the North American Recreational Vehicle Market was valued at 26.7 Billion. The RV retail market is valued at 18 billion in sales.
While many people had to stay home and social distance, people opted to be outdoors and partake in activities that they found relaxing. Being able to pack up and go resonates with some people and the sales show for it. Currently, there are over 7,000 RV Dealerships in us. Even after the small boom, it got during the pandemic, RVs are estimated to surge 19.5% in 2021.
Key Statistics:
- In 2020 the North American Recreational Vehicle Market (RV) was valued at 26.7 Billion
- The North American RV industry is responsible for over 18 billion in retail sales
- There are over 7,000 RV dealerships currently operating in the US
- RV sales rose 4.5% during the pandemic
- A 19.5% surge in RVs is estimated for the 2021 post-pandemic
Sources:
https://www.mordorintelligence.com/industry-reports/north-america-recreational-vehicle-mark
https://www.barrons.com/articles/recreational-vehicle-stocks-could-see-further-gains-51601671189et
https://www.thewanderingrv.com/rv-industry-statistics-trends-facts
RV Consumer Demographics
What State Sells the Most RVs?
Photo Credit: Airstream Inc.
Indiana sells the most RVs out of any state with $6.8 Billion in sales
Have you ever wondered which state sells the most Rvs? Well, not only does Indiana sell the most RVs than any other state, but they also manufacture the most RVs as well. About 80%, to be exact. Indians sell $6.8 billion worth of RVs every year. California comes in second with $2.2 billion and Texas in third with $1.8 billion. Who exactly is buying all these RVs, you may ask. Research shows that the average RV owner is 49, married, is a home-owner, and makes an average income of $68,000 a year. However, people 35-44 are quickly becoming the fastest-growing group in RV owners.
Key Statistics:
- The Average RV Owner is
- 49
- Married
- Home Owner
- Average income of $68,000
- Average RV owner uses their RV 28-35 days a year
- The fastest new group of RV owners are aged 35-44
- Top 3 states that sell the most RVs
- Indiana ($6.8B)
- California ($2.2B)
- Texas ($1.8B)
- 90% of RV owners stated that they take 3 trips a year with their RV on top of their yearly vacation.
- 80% of RVs are manufactured in Indiana
Sources:
https://www.condorferries.co.uk/rv-statistics
https://www.thewanderingrv.com/rv-industry-statistics-trends-facts
Recreational Vehicle Owners
How Many Full-Time RVers are There in the US?
Photo Credit: Airstream Inc.
There are approximately 1 million people that live in their RV full time.
RV owners quickly embrace the lifestyle of RVing. In fact, there are approximately 1 million people that live in their RVs full time. On average, an RV owner puts in about 4,000 miles in their RVs each year. Even while on the road, families still make sure to bring their pets along for the ride.
Key Statistics:
- There are approximately 1 million people that live in their RV full time
- The average RV owners put in 4,000 miles on their RV each year
- A typical income for an RV household is $62,000
- Families spend, on average 4 weeks a year in their RV
- 54% of RV owners stated that they brought their pets with them while traveling
Sources: www.thewanderingrv.com/rv-industry-statistics-trends-facts
Conclusion
For some people, RVing is a way of life. While still taking their yearly vacation, RVers still take on average 3 trips with their RV a year. In fact, approximately 1 million people live full-time in their RVs. With so many national parks and campgrounds throughout the united states, it would make sense why some people would rather travel around the US than stay permanently put. Also, more and more places are tailoring to RV enthusiasts by offering extended stay plots and even luxury offerings in RV resorts. People who love the outdoors and wants a camper without all the complications and costs associated with a more expensive RV, you’ll want to consider purchasing a pop-up camper, more here.
Photo Credit: Togo RV
Sources:
Cover Photo Credit: Airstream Inc.
https://www.mordorintelligence.com/industry-reports/north-america-recreational-vehicle-mark
https://www.barrons.com/articles/recreational-vehicle-stocks-could-see-further-gains-51601671189et
https://www.thewanderingrv.com/rv-industry-statistics-trends-facts
https://www.condorferries.co.uk/rv-statistics