Not real common, but not out of the realm of possibility either.
It is not a way to ever save money as aquisition costs a re high and maintenece is not high, but it is not free either. But owning your own compressor can add a great deal of convenience - and you can always get good fills.
For example I lived about 50 minutes from the nearest dive shop, and my boat was slipped abotu 30 minutes away. It was not really an issue until the shop changed ownership and adopted horrible hours that basically prevented anyone living and working out of the immediate area from getting a fill any time other than Saturday between 9am and 2pm - prime diving time, and they would not guarentee they'd get to your tanks immediately either.
In that case, spending a couple thousand dollars on a used/rebuilt portable compressor to put on the boat made perfect sense just to allow more diving and less driving/waiting around.
Here in VA it does not any real sense as shop hours are pretty accomodating and gas is available at or near many of the dive sites.