Wednesday, March 21, 2007

In Madison County, jobs in the securities and commodity contracts brokerage pay the highest wages


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People with jobs in the securities and commodity contracts brokerage industry paid the average highest wages in Madison County for 2006. The average worker in the industry in Madison County was paid an annual wage of $92,069 in 2006. The average wage is less than the industry wage in Alabama of $102,048 and less than then the wage for jobs in this industry in the US of $138,150.

Top-pay jobs in Madison County, Alabama can be found in aerospace product and parts manufacturing ($89,604), offices of physicians ($80,637), scientific research and development services ($78,670) and computer systems design and related services ($72,789) industries. Note: For Detail Comparison, Click the Above Graph

About: These facts are part of the eCanned.com Industry Analysis Series.

Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW). Private Sector Employment Only.

Friday, March 09, 2007

Madison County Wages have increased by 18.3% Since 2001


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From 2001 to 2006, average industry wages increased in Madison County, Alabama by a total of 18.3%. This is less than the growth in average industry wages for Alabama and greater than the growth in average wages for the US.

About: These facts are part of the eCanned.com Industry Analysis Series.

Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW). Private Sector Employment Only.

Tuesday, February 27, 2007

Madison County Industry Wages Exceed Alabama, and Wages Exceed the United States


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Wages in all industries in Madison County, Alabama when analyzed can be described as relatively high when analyzed with other Counties in the state. The overall wages are 19.9 percent higher than the with an state average of $34,182. The overall industry wage was greater than the industry average in the US of $40,259.

About: These facts are part of the eCanned.com Industry Analysis Series.

Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW). Private Sector Employment Only.

Friday, February 23, 2007

Madison County Five-Year Industry Employment Change

Total industry employment has increased by 11.2 percent since the 2nd Quarter of 2001. This is greater than growth in Alabama, which went through a gain of 3.3 percent from 2001 (2nd Quarter). The gains felt were greater than than the gain experienced overall in the US of 2.6 percent.

Madison County Five-Year Percentage Decline in Employment

The Local messengers and local delivery industry has lost the biggest percent of jobs, losing 83.2 percent of the jobs from the 2nd quarter of 2001 to 2nd quarter of 2006. The losses of the area have declined faster than the industry sector has gone through in the Alabama, where the industry reported a loss of 30.7 percent. The losses in the Local messengers and local delivery industry in Madison County outpaced the US in terms of percent of decline of industry employment. The US lost 15.4 in percent of workers in the Local messengers and local delivery industry.

Top 5 Industries
1. Local messengers and local delivery (83.2 percent decline)
2. Bakeries and tortilla manufacturing (70.9 percent decline)
3. Other general purpose machinery manufacturing (70.8 percent decline)
4. Utility system construction (67.5 percent decline)
5. Business, computer and management training (64.5 percent decline)

Madison County Five-Year Percentage Growth in Employment

The Business support services industry has seen the largest percentage job growth, expanding by 426.4 percent from 2001 to 2006. This industry in Madison County has increased employment faster than the industry job growth experienced in Alabama, where it saw a gain of 7.7 percent. The Business support services industry in Madison County outpaced the national average, which felt a gained 0.8 percent in this industry.

Top 5 Industries
1. Business support services (426.4 percent gain)
2. Management and technical consulting services (389.7 percent gain)
3. Home health care services (303.8 percent gain)
4. Residential mental health facilities (106.3 percent gain)
5. Commercial and service industry machinery (89.8 percent gain)

Total Five-Year Employment Decline in Madison County

Of the area's industries (4-digit NAICS), the Scientific research and development services industry experienced most substantial job loss, losing 3,289 jobs during the period. The employment lost in the Scientific research and development services industry make up 35.8 percent of the total job loss in Madison County, Alabama.

Top 5 Industries
1. Scientific research and development services (3,289 jobs lost)
2. Computer and peripheral equipment mfg. (734 jobs lost)
3. Semiconductor and electronic component mfg. (589 jobs lost)
4. Grocery stores (448 jobs lost)
5. Facilities support services (307 jobs lost)

Total Five-Year Employment Growth in Madison County

The Architectural and engineering services industry has accounted the most employment growth with a total of 4,464 employees finding new jobs in the industry. The employment growth in the Architectural and engineering services industry makes up 20.5 percent of the growth in Madison County.

Top 5 Industries
1. Architectural and engineering services (4,464 new jobs)
2. Business support services (1,865 new jobs)
3. Limited-service eating places (1,633 new jobs)
4. Management and technical consulting services (1,460 new jobs)
5. Aerospace product and parts manufacturing (1,213 new jobs)

In Madison County, Alabama, the total number of workers for all sectors has increased by 13,750 total jobs from 2001 to 2006.

Given the 154 4-digit NAICS industries, 56 described an expansion of jobs throughout the time period, while 98 industries reported a drop in employment.





About: This report is part 2 of 6 in the eCanned.com Industry Analysis Series.

Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW). Private Sector Employment Only.

Monday, January 22, 2007

1-Year Industry Employment Change in Madison County, Alabama

Madison County 1-year Percentage Decline in Employment

The Architectural and engineering services industry has seen the largest percentage drop in employment, losing 49.6 percent of the jobs from 2005 to 2006. These have declined faster than the industry sector has gone through in the Alabama, where the industry sector experienced a gain of 4.6 percent. The losses in the Architectural and engineering services industry in Madison County outpaced the US in terms of percent of decline of industry employment. The US gained 5.5 in percent of jobs in the Architectural and engineering services industry.

Top 5 Industries
1. Architectural and engineering services (49.6 percent decline)
2. Other amusement and recreation industries (33 percent decline)
3. Other specialty trade contractors (32.9 percent decline)
4. Private households (30.8 percent decline)
5. Building finishing contractors (29.5 percent decline)

Madison County 1-year Percentage Growth in Employment

The Other miscellaneous store retailers industry has experienced the largest percentage growth, expanding by 103.3 percent from 2005 to 2006. This industry in Madison County has expanded faster than the industry job growth experienced in Alabama, where the industry felt a gain of 0.6 percent. The Other miscellaneous store retailers industry in Madison County outpaced the national average, which felt a gained 0.8 percent.

Top 5 Industries
1. Other miscellaneous store retailers (103.3 percent gain)
2. Computer systems design and related services (28.6 percent gain)
3. Offices of other health practitioners (27.2 percent gain)
4. Offices of physicians (17.1 percent gain)
5. Commercial machinery repair and maintenance (14.3 percent gain)

Employment for all industries has decreased by 2.5 percent from 2005 (2nd Quarter). These figures are less than percent in the State of Alabama, which experienced a gain of 2.0 percent since the 2nd Quarter of 2005. The losses in the area were less than than the gain seen for the United States of 2.0 percent.

In Madison County, Alabama, the total number of jobs for throughout industries has decreased by 390 jobs between mid-2005 and mid-2006.

Total 1-Year Employment Decline in Madison County

From of the area's 4-digit NAICS industries, the Limited-service eating places industry has lost the most employment with a total loss of 47 jobs during the period. The employment lost in the Limited-service eating places industry make up 13.7 percent of the jobs lost during the period in Madison County, Alabama.

Top 5 Industries
1. Limited-service eating places (47 jobs lost)
2. General freight trucking (43 jobs lost)
3. Other amusement and recreation industries (40 jobs lost)
4. Other specialty trade contractors (38 jobs lost)
5. Architectural and engineering services (21 jobs lost)

Total 1-Year Employment Growth in Madison County

The Full-service restaurants industry has accounted the most employment growth with a total of 26 jobs added during the time period. These new jobs in the Full-service restaurants industry makes up 18.4 percent of the growth in Madison County.

Top 5 Industries
1. Full-service restaurants (26 new jobs)
2. Computer systems design and related services (19 new jobs)
3. Offices of physicians (17 new jobs)
4. Accounting and bookkeeping services (17 new jobs)
5. Offices of other health practitioners (14 new jobs)

Of the 44 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 26 showed an escalation in the number employed, while 16 industry sectors reported declines during the time period.

About: This report is part 1 of 6 in the eCanned.com Industry Analysis Series.

Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).

Wednesday, January 10, 2007

Income and Poverty in Madison County, Alabama

The median household income has declined from the 2000 values (inflation adjusted). The median income has decreased to $50,504, posting a 3.4 percent decline. Madison County, Alabama, in terms of percent of decline, ranks 15 of 19 counties in percent of decline for median household income in the State of Alabama. Madison County ranks 538 of 668 counties (or parishes) when comparing total percent of decline in household income across the nation.

In Madison County, Alabama White headed households reported a median household income (2005 Dollars) of $58,169 according to the Decennial Census of 2000, which was 11.2 percent greater than the median income in 2000. Black or African American headed households had median income levels that were 35.6 percent less than the overall reported level in 2000, with a reported median of $33,691. Hispanic in Madison County, Alabama reported a median household income of $51,108, which is 2.3 percent less than the reported median household income for all households in the area. It was reported in 2000 that the Asian headed households had median household incomes of $59,534. This household income level is 13.8 percent greater than the reported median for all households in the area. The American Indian and Alaska Native headed households in Madison County reported a median household income of $40,746, this median was 22.1 percent less than the median level for total households in the area.

While the median household income saw a decline since 2000 in Madison County, Alabama, the Race/Ethnicity category that felt the biggest decline in household income was the Black or African American category. This category saw a decline of 7.6 percent in the last five years. The Hispanic Race/Ethnicity category has been least effected by the income level decline in Madison County, encountering a 8.1 percent increase in median income, since the values reported in the 2000 Decennial Census.

The poverty rate in Madison County, Alabama has declined by 0.5 percent from the rates reported in the Decennial Census, moving from 10.5 percent to 10 percent.

Evaluated with other counties (or parishes) across the nation, Madison County, Alabama can be understood to have a medium-low poverty rate amongst the population, with a poverty rate of 10.5 percent of people living in a family with an income below the poverty level in 1999. The Black or African American race/ethnicity demographic category, owns the foremost rate of poverty with 22.1 percent of the people in 2000 living in poverty. The population that is aged 5 years have the largest percent of population in poverty in Madison County, with 19.2 percent of this age cohort living in poverty.

When compared to other counties (and parishes) throughout the United States, Madison County had a relatively high median household income of $52,304 (2005 Dollars). The income level is 23.6 percent higher than the median in State of Alabama of $39,938 and the median is 6.1 percent higher than the median for the rest of the nation, which is a reported $49,133.

Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.

Monday, December 18, 2006

Higher Education in Madison County, Alabama

Since the year 2000, Madison has increased in the percent of the total population (+25) with a BA or Higher. The portion of this population has grown by 6.2 percent to a total of 40.4 in 2005, as reported by the American Community Survey. The poporation of the 2005 population having received at least a BA is greater than the 2005 State of Alabama percent of 21.4 and greater than the United States percent of 27.2.

From 2000 to 2005, the percent of the male population that can be considered highly educated has increased by 5.4 percent. By the year 2005, 45.4 percent of area's male population, over the age 25, achieved a Bachelors Degree or Higher. At the same time, the percent of women, over the age 25, holding at least a Bachelors Degree has increased by a total of 6.8 percent. By the year 2005, a total of 36 percent of the female population having received at least a Bachelors Degree.

Madison County, Alabama can be considered to have a very highly-educated population of the working age, with 34.2 percent of the population over 25 years old having received at least a Bachelors Degree, according to the Decennial Census of 2000. Madison counted a higher percent of population with high education level than the State of Alabama's proportion of 19 percent and a higher percent than the US proportion of 24.4 percent.

Reported by the 2000 Census in Madison County, Alabama, a high proportion of the male population in the area have reached the Bachelors Degree or Higher category, with 39.8 percent obtaining this level of education. The women in Madison on average have achieved a lower level of higher education (Bachelors or Higher) than the men in the area: 39.8 percent (Men) versus 29.2 percent (Women). Many of the women in the area achieving a Some College or Associates Degree, with 31 percent of the women population in the area achieving this level of education.

In Madison County, Alabama as reported in the Census of the year 2000, 36.8 percent of the White Alone, 24 percent of Black or African American, 54 percent of the Asian alone and 26.4 percent of the Hispanic or Latino population, over the age 25, has achieved at least a Bachelors Degree.

Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.

Sunday, November 26, 2006

Demographic Profile for Madison County, Alabama

Madison County, Alabama had a total estimated population of 298,192 in 2005. The estimated population has increased sharply, from the population in the year 2000 of 277,841. This growth signifies an increase of 7.3 percent. Madison ranks 3 of 67 counties in terms of population growth in Alabama and the county ranks 165 of 3,141 counties when calculating the total change in county population across the US.

From 2000, a medium-high number of individual migrated to the Madison internationally. The migration from outside the US into Madison accounts for 11 percent of the total international migration into the State of Alabama. This percent of immigration can be considered medium-high when analyzed against immigration per population in 2005.

The U.S. Census Bureau, in the year 2005, estimated a median age in Madison County, Alabama to be 37.3 years of age. The median age in Madison is less than the median in Alabama of 37.4. Since the year 2000, the area has seen an increase in the median age, when it was 35.7 years old. With a total of 23.9 percent of the population in the year 2005 being made up of individuals less than 18 years old, Madison can be described as having a medium-high percent of individuals under 18. The working age population group (18-64) has a medium-high presence of the population, with 64.1 percent of the population within the age category. People 65 years old and older make up 12 percent of the total population base. Compared to other counties throughout the nation, this represents a medium-low percent of the population.

When calculating the total land area, Madison spans a total area of 805 total square miles. The area has a medium-high average area density of 370 persons per square mile. Other counties with similar densities in the US include: -- more densely populated -- Barrow, GA (370 per sq. mile ), Sullivan, TN (370 per sq. mile ), Greene, MO (372 per sq. mile ), -- less densely populated -- Barrow, GA (370 per sq. mile ), Sullivan, TN (370 per sq. mile ), Leon, FL (369 per sq. mile ).

Madison County, Alabama has a population that is comprised of 69.8 percent White, 23.3 percent African American, 2 percent Asian, and 2.2 percent Hispanic. The population mix can be considered to have a high level of diversity in terms of race and ethnicity, with 27.5 percent of the population being minorities. This is less than the State of Alabama percent of 29.3. Since 2000, Madison has increased the percent of minority population when 26.5 percent of the total population were minorities.

Datasource: Population Estimates Program, U.S. Bureau of the Census.

Thursday, November 09, 2006

Housing Report for Madison County, Alabama

The residential home values in Madison County, Alabama have seen large increases since the Census values accounted for in the year 2000. The values have increased by $30,900, or 29.9 percent, since 2000 when they were valued at $103,300.

Throughout the State of Alabama, Madison County stands 4 of 67 in terms of growth of new housing structures between 2001 and 2005. The county stands 441 of 3,141, in terms of residential real estate percentage change change in the United States.

Madison County had an owner-occupied dwelling median in 2005 of $134,200, published by the American Community Survey. This value is greater than the Alabama 2005 home value of $97,500 and less than median home value of $167,500 for the United States in the same year.

Madison County can be understood as having a medium proportion of residential real estate that is high priced. In 2005, the American Community Survey reported that 2.5 percent owner-occupied dwelling are valued over a half a million dollars.

It can be understood that there is a fair amount of affordable housing in Madison County, Alabama. In 2005, 45.1 percent of owner-occupied dwellings were valued under $125k.

In Madison County, the census reported 131,859 homes in the year 2005. This county has gone through a growth in housing units, adding all together 9,811 residential units since 2001, or 8 percent.

Data Source: U.S. Census Bureau

Saturday, October 28, 2006

Employment Report for Madison County, Alabama -- Annual 2005 Industry Summary

Management of companies and enterprises is the industry that has grown the most in terms of employment from 2001-2005 in Madison County, growing in new jobs by 52.7 percent. This is greater than the industry job change at the national level of 1.6 percent. The State of Alabama experienced a sector employment shift of 37.3 percent, from 2001 to 2005.

Manufacturing has the largest businesses in Madison County, averaging 64 jobs per establishment, which is greater than the industry's average at the national level of 39 and greater than the Alabama average of 52 for the Manufacturing industry.

In Madison County, Professional and technical services, Manufacturing and Administrative and waste services are the three industries with the highest location quotients. The Professional and technical services sector in the county has a location quotient of 2.87. This means the percent of total employment in the Professional and technical services sector is 2.87 times more than the average percent in the United States, revealing signs that Madison may be an exporter of products or services of Professional and technical services.

In Madison County, Manufacturing, Professional and technical services, and the Retail Trade industries have the largest percent of jobs of all industries. The Manufacturing provides the most jobs and contributes 19.2 percent of the total county employment. This totals 25,522 employees. The Professional and technical services and Retail Trade sectors provide 18.3 and 15 percent of the total jobs, respectively.

Manufacturing since the year 2001 lost the most jobs in Madison County. The industry was hit with a loss of 1,485 total jobs during the period, accounting for 5.5 percent of employment in the sector. These losses made up 62.1 percent of the total jobs loss in the County.







Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).

 

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