NAICS Code 532120-03 - Mobile Homes-Renting & Leasing

Marketing Level - NAICS 8-Digit

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NAICS Code 532120-03 Description (8-Digit)

Mobile Homes-Renting & Leasing is a subdivision of the NAICS Code 532120 which involves the rental and leasing of mobile homes. Mobile homes are prefabricated homes that are designed to be transported from one location to another. This industry provides a cost-effective housing solution for individuals and families who are looking for a temporary or permanent residence. Mobile homes are typically located in mobile home parks or on private land and can be rented or leased for a specified period of time.

Hierarchy Navigation for NAICS Code 532120-03

Tools

Tools commonly used in the Mobile Homes-Renting & Leasing industry for day-to-day tasks and operations.

  • Mobile home skirting
  • Leveling jacks
  • Tie-down straps
  • Anchors
  • Plumbing tools
  • Electrical tools
  • HVAC tools
  • Roofing tools
  • Siding tools
  • Flooring tools
  • Insulation tools
  • Paint and painting tools
  • Cleaning supplies
  • Lawn care equipment
  • Hand tools
  • Power tools
  • Safety equipment
  • Transportation equipment
  • Mobile home repair manuals

Industry Examples of Mobile Homes-Renting & Leasing

Common products and services typical of NAICS Code 532120-03, illustrating the main business activities and contributions to the market.

  • Mobile home park management
  • Mobile home rental
  • Mobile home leasing
  • Mobile home relocation services
  • Mobile home setup and installation
  • Mobile home repair and maintenance
  • Mobile home insurance
  • Mobile home financing
  • Mobile home sales and dealership
  • Mobile home community development

Certifications, Compliance and Licenses for NAICS Code 532120-03 - Mobile Homes-Renting & Leasing

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Manufactured Housing Installer License: This license is required for individuals who install manufactured homes in the US. The license is issued by the Department of Housing and Urban Development (HUD) and ensures that the installer has the necessary skills and knowledge to install manufactured homes safely and correctly.
  • Mobile Home Park License: This license is required for individuals or companies that own or operate mobile home parks in the US. The license is issued by the state government and ensures that the park meets certain safety and health standards.
  • Mobile Home Dealer License: This license is required for individuals or companies that sell mobile homes in the US. The license is issued by the state government and ensures that the dealer meets certain standards and regulations.
  • National Association Of Home Builders (NAHB) Certified Green Professional: This certification is for professionals in the home building industry who are knowledgeable about sustainable and green building practices. The certification is issued by the NAHB and ensures that the professional has the necessary skills and knowledge to build sustainable and energy-efficient homes.
  • National Association Of Home Builders (NAHB) Certified Aging-In-Place Specialist (CAPS): This certification is for professionals in the home building industry who are knowledgeable about designing and building homes that are accessible and safe for seniors. The certification is issued by the NAHB and ensures that the professional has the necessary skills and knowledge to design and build homes that meet the needs of seniors.

History

A concise historical narrative of NAICS Code 532120-03 covering global milestones and recent developments within the United States.

  • The Mobile Homes-Renting & Leasing industry has a long history dating back to the early 1900s when mobile homes were first introduced in the United States. These early mobile homes were primarily used as temporary housing for migrant workers and were often towed by cars or trucks. In the 1950s, mobile homes became more popular as a permanent housing option, and manufacturers began producing larger and more luxurious models. The industry continued to grow throughout the 1960s and 1970s, with mobile homes becoming a popular choice for retirees and low-income families. In recent years, the industry has faced challenges due to the housing market crash and the rise of alternative housing options such as tiny homes and RVs. In the United States, the Mobile Homes-Renting & Leasing industry has seen significant growth in recent years due to the increasing demand for affordable housing. According to a report by the Manufactured Housing Institute, the industry has seen a 15% increase in shipments of manufactured homes since 2013. This growth can be attributed to several factors, including the rising cost of traditional housing, the increasing popularity of tiny homes and minimalist living, and the flexibility and affordability of mobile homes. Despite these positive trends, the industry still faces challenges such as zoning restrictions and negative perceptions of mobile homes as low-quality housing options.

Future Outlook for Mobile Homes-Renting & Leasing

The anticipated future trajectory of the NAICS 532120-03 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The Mobile Homes-Renting & Leasing industry in the USA is expected to experience growth in the coming years. The demand for mobile homes is expected to increase due to the rising cost of traditional homes and the increasing number of people who prefer to live in mobile homes. The industry is also expected to benefit from the aging population, as many seniors prefer to downsize and live in mobile homes. Additionally, the industry is expected to benefit from the increasing popularity of tiny homes, which are often mobile homes. However, the industry may face challenges due to zoning regulations and the availability of affordable land for mobile home parks. Overall, the industry is expected to experience moderate growth in the coming years.

Industry Innovations for NAICS Code 532120-03

Recent groundbreaking advancements and milestones in the Mobile Homes-Renting & Leasing industry, reflecting notable innovations that have reshaped its landscape.

  • Mobile home parks are increasingly offering amenities such as swimming pools, fitness centers, and community centers to attract tenants and increase revenue.
  • Some mobile home parks are implementing green initiatives such as solar panels and energy-efficient appliances to reduce costs and attract environmentally conscious tenants.
  • Mobile home manufacturers are increasingly using sustainable materials and energy-efficient designs to appeal to environmentally conscious consumers.
  • Some mobile home parks are implementing technology such as smart home systems and high-speed internet to attract tech-savvy tenants.
  • Mobile home parks are increasingly offering flexible lease options such as month-to-month leases to appeal to tenants who prefer not to commit to long-term leases.

NAICS Code 532120-03 - Mobile Homes-Renting & Leasing

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