 APRO: The Official Voice of the Rent to Own Industry
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 State RTO Associations
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State RTO Associations - Rent-to-Own's State Economic Impact and Statutes
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 203 rent-to-own stores, 1218 employees, $42,600,000 annual wages, $6,500,000 annual payroll taxes, $149,000,000 annual revenues
Alaska 11 rent-to-own stores, 66 employees, $2,310,000 annual wages, $353,000 annual payroll taxes, $8,100,000 annual revenues
Arizona 143 rent-to-own stores, 858 employees, $30,000,000 annual wages, $4,600,000 annual payroll taxes, $105,200,000 annual revenues
Arkansas 201 rent-to-own stores, 1206 employees, $42,000,000 annual wages, $6,500,000 annual payroll taxes, $148,000,000 annual revenues
California 341 rent-to-own stores, 2046 employees, $71,600,000 annual wages, $11,000,000 annual payroll taxes, $251,000,000 annual revenues Click here to download amendments to California’s RTO statutes (amended November 2006)
Colorado 126 rent-to-own stores, 756 employees, $26,500,000 annual wages, $4,000,000 annual payroll taxes, $93,000,000 annual revenues
Connecticut 70 rent-to-own stores, 420 employees, $14,700,000 annual wages, $2,200,000 annual payroll taxes, $52,000,000 annual revenues
Delaware 32 rent-to-own stores, 192 employees, $6,700,000 annual wages, $1,000,000 annual payroll taxes, $24,000,000 annual revenues
Florida 558 rent-to-own stores, 3348 employees, $117,000,000 annual wages, $18,000,000 annual payroll taxes, $411,000,000 annual revenues
Georgia 364 rent-to-own stores, 2184 employees, $76,440,000 annual wages, $11,700,000 annual payroll taxes, $268,000,000 annual revenues
Hawaii 23 rent-to-own stores, 138 employees, $4,830,000 annual wages, $739,000 annual payroll taxes, $17,000,000 annual revenues
Idaho 34 rent-to-own stores, 204 employees, $7,100,000 annual wages, $1,100,000 annual payroll taxes, $25,000,000 annual revenues
Illinois 243 rent-to-own stores, 1458 employees, $51,000,000 annual wages, $7,800,000 annual payroll taxes, $179,000,000 annual revenues
Indiana 263 rent-to-own stores, 1578 employees, $55,000,000 annual wages, $8,500,000 annual payroll taxes, $194,000,000 annual revenues Click here to download state RTO statutes Click here to download 2007 Indiana state law amendments
Iowa 86 rent-to-own stores, 516 employees, $18,100,000 annual wages, $2,800,000 annual payroll taxes, $63,300,000 annual revenues
Kansas 142 rent-to-own stores, 852 employees, $30,000,000 annual wages, $4,600,000 annual payroll taxes, $104,000,000 annual revenues
Kentucky 185 rent-to-own stores, 1110 employees, $39,000,000 annual wages, $5,900,500 annual payroll taxes, $136,000,000 annual revenues
Louisiana 272 rent-to-own stores, 1632 employees, $57,000,000 annual wages, $8,700,000 annual payroll taxes, $200,000,000 annual revenues
Maine 51 rent-to-own stores, 306 employees, $10,700,000 annual wages, $1,600,000 annual payroll taxes, $37,500,000 annual revenues
Maryland 100 rent-to-own stores, 600 employees, $21,000,000 annual wages, $3,200,000 annual payroll taxes, $73,600,000 annual revenues
Massachusetts 92 rent-to-own stores, 552 employees, $19,000,000 annual wages, $2,900,000 annual payroll taxes, $67,700,000 annual revenues
Michigan 218 rent-to-own stores, 1308 employees, $45,700,000 annual wages, $7,000,000 annual payroll taxes, $160,000,000 annual revenues
Minnesota 10 rent-to-own stores, 60 employees, $2,100,000 annual wages, $321,000 annual payroll taxes, $7,400,000 annual revenues
Mississippi 184 rent-to-own stores, 1104 employees, $38,600,000 annual wages, $5,900,000 annual payroll taxes, $135,000,000 annual revenues
Missouri 277 rent-to-own stores, 1662 employees, $58,200,000 annual wages, $8,900,000 annual payroll taxes, $204,000,000 annual revenues
Montana 20 rent-to-own stores, 120 employees, $4,200,000 annual wages, $642,000 annual payroll taxes, $14,700,000 annual revenues
Nebraska 52 rent-to-own stores, 312 employees, $10,900,000 annual wages, $1,700,000 annual payroll taxes, $38,300,000 annual revenues
Nevada 39 rent-to-own stores, 234 employees, $8,100,000 annual wages, $1,300,000 annual payroll taxes, $29,000,000 annual revenues
New Hampshire 45 rent-to-own stores, 270 employees, $9,450,000 annual wages, $1,445,000 annual payroll taxes, $33,000,000 annual revenues
New Jersey 64 rent-to-own stores, 384 employees, $13,400,000 annual wages, $2,100,000 annual payroll taxes, $47,100,000 annual revenues
New Mexico 77 rent-to-own stores, 462 employees, $16,200,000 annual wages, $2,500,000 annual payroll taxes, $56,700,000 annual revenues
New York 271 rent-to-own stores, 1626 employees, $57,000,000 annual wages, $8,700,000 annual payroll taxes, $199,000,000 annual revenues
North Carolina 334 rent-to-own stores, 2004 employees, $70,000,000 annual wages, $10,700,000 annual payroll taxes, $245,700,000 annual revenues
North Dakota 18 rent-to-own stores, 108 employees, $3,800,000 annual wages, $580,000 annual payroll taxes, $13,000,000 annual revenues
Ohio 388 rent-to-own stores, 2328 employees, $81,500,000 annual wages, $12,500,000 annual payroll taxes, $285,500,000 annual revenues
Oklahoma 172 rent-to-own stores, 1032 employees, $36,100,000 annual wages, $5,500,000 annual payroll taxes, $126,600,000 annual revenues
Oregon 71 rent-to-own stores, 426 employees, $14,900,000 annual wages, $2,300,000 annual payroll taxes, $52,200,000 annual revenues
Pennsylvania 257 rent-to-own stores, 1542 employees, $53,900,000 annual wages, $8,300,000 annual payroll taxes, $189,100,000 annual revenues
Rhode Island 24 rent-to-own stores, 144 employees, $5,000,000 annual wages, $771,000 annual payroll taxes, $17,600,000 annual revenues
South Carolina 212 rent-to-own stores, 1272 employees, $44,500,000 annual wages, $6,800,000 annual payroll taxes, $156,000,000 annual revenues
South Dakota 25 rent-to-own stores, 150 employees, $5,300,000 annual wages, $803,000 annual payroll taxes, $18,400,000 annual revenues
Tennessee 309 rent-to-own stores, 1854 employees, $65,000,000 annual wages, $9,900,000 annual payroll taxes, $227,400,000 annual revenues
Texas 973 rent-to-own stores, 5838 employees, $204,300,000 annual wages, $31,000,000 annual payroll taxes, $716,000,000 annual revenues
Utah 51 rent-to-own stores, 306 employees, $10,700,000 annual wages, $1,600,000 annual payroll taxes, $37,500,000 annual revenues
Vermont 19 rent-to-own stores, 114 employees, $3,900,000 annual wages, $610,500 annual payroll taxes, $14,000,000 annual revenues
Virginia 229 rent-to-own stores, 1374 employees, $48,100,000 annual wages, $7,400,000 annual payroll taxes, $168,500,000 annual revenues
Washington 135 rent-to-own stores, 810 employees, $28,300,000 annual wages, $4,300,000 annual payroll taxes, $99,300,000 annual revenues
West Virginia 54 rent-to-own stores, 324 employees, $11,300,000 annual wages, $1,700,000 annual payroll taxes, $39,700,000 annual revenues
Wisconsin 43 rent-to-own stores, 258 employees, $9,000,000 annual wages, $1,400,000 annual payroll taxes, $31,6500,000 annual revenues
Wyoming 31 rent-to-own stores, 186 employees, $6,500,000 annual wages, $1,000,000 annual payroll taxes, $22,800,000 annual revenues
These numbers were calculated based on results from APRO’s 2008 Rent-to-Own Industry Statistical Survey and APRO's database. The average store grosses $736,000 annually with 50,000 workers nationally earning an average of $35,000 a year in wages. Payroll taxes are multiplied by yearly salary to number of employees to the 15.3% percentage generated. | ||
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APRO's 2010 Legislative
Conference!
We would like to
thank our attendees for a great success! 
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RTOHQ: The Magazine
RTOHQ: The Magazine is the Association of Progressive Rental Organizations' award-winning rent-to-own industry magazine, and it's available here. | |||
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Click the links below to download each article as a PDF
Complete issue of RTOHQ: The Magazine | January-February 2010
The Year of the Tiger According to Chinese astrology, the Year of the Tiger begins in February 2010. Tiger John Cleek is making the most of it as he winds down his two-year term as APRO’s president. He reflects on personal and industry-wide accomplishments and the love of family that sustains him.
In the 30-year history of the Association of Progressive Rental Organizations, 17 rental dealers have served as president. To mark APRO’s special anniversary, 15 of these leaders share their experiences in helping to shape the rent-to-own industry.
The Keep Rate Conundrum Calculating keep rate does not seem to improve the rent-to-own business in any discernible way—and yet this calculation, beyond all the others, has had enormous legal and political implications for rent-to-own almost since its inception.
Vendor Spotlight: What's in a Name? These three departed rent-to-own vendors--Joe Eason, Tom Kitchens and Norm Smith--live on, their names indelibly linked to key industry events and honors.
See the current issue of RTOHQ: The Magazine... [PDF format] [HTML format]
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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 |