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.
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.
4.6 million people are involved in the horse industry in some way, either as owners, employees, service providers or volunteers. This includes 2 million horse owners, of which 238,000 are involved in breeding, 481,000 in competing, 1.1 million involved in other activities, 119,000 service providers and 702,000 employees, full- and part-time and 2 million family members and volunteers. That means that 1 out of every 63 Americans is involved with horses.