Placer County, California

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

2007-03-21T02:50:00.000-07:00

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Individuals that are employed in the securities and commodity contracts brokerage industry paid the average highest wages in Placer County for 2006. The average industry job in Placer County received an annual wage of $100,118 in 2006. The average wage is less than the industry wage rate in California of $140,044 and less than then the pay for jobs in this industry across the nation of $138,150.

Top-pay jobs in Placer County, California can be found in land subdivision ($94,901), commercial equip. merchant wholesalers ($90,724), power generation and supply ($84,665) and apparel and piece goods merchant wholesalers ($79,239) 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.

Placer County Wages have increased by 17.9% Since 2001

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From 2001 to 2006, average industry wages increased in Placer County, California by a total of 17.9%. This is greater than the growth in average industry wages for California 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.

Placer County Industry Wages Lag Behind California, and Wages Lag Behind the United States

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Placer County Five-Year Industry Employment Change

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Employment for all industries has increased by 17.9 percent since the 2nd Quarter of 2001. This is greater than percent in California, experiencing a gain of 2.8 percent since the 2nd Quarter of 2001. The gains in the area were greater than than the gain felt at the national level of 2.6 percent.

Placer County Five-Year Percentage Decline in Employment

The Travel arrangement and reservation services industry has lost the largest amount of employment in terms of percentage, losing 80.1 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 felt in the State of California, where the industry sector experienced a loss of 29.9 percent. The losses in the Travel arrangement and reservation services industry in Placer County outpaced the US in terms of percent of decline of industry employment. The US lost 22.6 in percent of jobs in the Travel arrangement and reservation services industry.

Top 5 Industries
1. Travel arrangement and reservation services (80.1 percent decline)
2. Electronic equipment repair and maintenance (76.2 percent decline)
3. Commercial and service industry machinery (73.4 percent decline)
4. Grantmaking and giving services (70.4 percent decline)
5. Management of companies and enterprises (62.2 percent decline)

Placer County Five-Year Percentage Growth in Employment

The Wired telecommunications carriers industry has witnessed the largest percentage of employment expansion, increasing by 972.4 percent from 2001 to 2006. This industry in Placer County has expanded faster than the growth seen in the industry for California, where the industry took a loss of 24.7 percent. The Wired telecommunications carriers industry in Placer County outpaced the United States, which experienced a lost 34.7 percent in this industry.

Top 5 Industries
1. Wired telecommunications carriers (972.4 percent gain)
2. Semiconductor and electronic component mfg. (501.2 percent gain)
3. Activities related to credit intermediation (403.8 percent gain)
4. Electronic markets and agents and brokers (322.9 percent gain)
5. Outpatient care centers (196.2 percent gain)

Total Five-Year Employment Growth in Placer County

Of the industries (4-digit NAICS) in the area, the Limited-service eating places industry has brought the most jobs with a total of 2,157 employees finding new jobs in the industry. The employment growth in the Limited-service eating places industry makes up 8.9 percent of the total employment growth in Placer County.

Top 5 Industries
1. Limited-service eating places (2,157 new jobs)
2. Full-service restaurants (1,442 new jobs)
3. Activities related to credit intermediation (983 new jobs)
4. Management and technical consulting services (823 new jobs)
5. Department stores (782 new jobs)

In Placer County, California, the total number of workers for all sectors has increased by 17,939 total jobs from 2001 to 2006.

Out of the 150 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 47 showed an escalation in the number employed, while 103 industry sectors accounting for employment declines during that time period.

Total Five-Year Employment Decline in Placer County

Given the industries in the area, the Management of companies and enterprises industry has lost the most employment with a total loss of 1,499 jobs in that time period. The declines in the Management of companies and enterprises industry make up 22.2 percent of the employment lost during the period in Placer County, California.

Top 5 Industries
1. Management of companies and enterprises (1,499 jobs lost)
2. Employment services (1,363 jobs lost)
3. Electronic equipment repair and maintenance (1,146 jobs lost)
4. Offices of physicians (356 jobs lost)
5. Travel arrangement and reservation services (327 jobs lost)

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.

Placer County One-Year Industry Employment Change

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In Placer County, California, the total number of workers for all sectors has increased by 13 total jobs from 2005 to 2006.

Total One-Year Employment Growth in Placer County

From the industries (4-digit NAICS) in the area, the Gasoline stations industry has accounted the most employment growth with a total of 0 new jobs created in the period. The job growth in the Gasoline stations industry makes up -0.2 percent of the total number of new jobs in Placer County.

Top 1 Industries
1. Building foundation and exterior contractors (36 new jobs)

Placer County One-Year Percentage Decline in Employment

The Gasoline stations industry has lost the largest amount of employment in terms of percentage, losing 2.4 percent of the jobs from the 2nd quarter of 2005 to 2nd quarter of 2006. The losses of the area have declined faster than the industry sector has felt in the State of California, where the it saw a gain of 0.1 percent. The losses in the Gasoline stations industry in Placer County outpaced the US in terms of percent of decline of industry employment. The US lost 0.3 percent in terms of employment in the Gasoline stations industry.

Top 1 Industries
1. Gasoline stations (2.4 percent decline)

The total number of jobs has increased by 7.1 percent since the 2nd Quarter figures of 2005. This change is greater than growth in the State of California, experiencing a gain of 2.1 percent since 2005 ( 2nd Quarter). The gains were greater than than the gain seen for the United States of 2.0 percent.

Placer County One-Year Percentage Growth in Employment

The Lessors of real estate industry has experienced the largest percentage growth, expanding by 60.4 percent from 2005 to 2006. This industry in Placer County has added employment faster than the growth seen in the industry for California, where the industry felt a gain of 2.3 percent. The Lessors of real estate industry in Placer County outpaced the US in terms of percent growth of industry employment. During this period, the US lost 0.2 percent of the employment in this industry.

Top 5 Industries
1. Lessors of real estate (60.4 percent gain)
2. Electronics and appliance stores (44.2 percent gain)
3. Building foundation and exterior contractors (28.1 percent gain)
4. Accounting and bookkeeping services (23.1 percent gain)
5. Insurance agencies, brokerages, and related (22.2 percent gain)

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). Private Sector Employment Only.

Income and Poverty in Placer County, California

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The areas median household income has declined from the inflation-adjusted 2000 income levels. The income level has decreased to $62,080, which represents a 7.8 percent decline. Placer County, California, in terms of percent of decline, ranks 5 of 23 counties in percent of decline for median household income in the State of California. Placer County ranks 338 of 668 counties (or parishes) when analyzing the decline in median income in the US.

When analyzed against other counties (and parishes) in the US, Placer County had a very high median household income of $67,316 (Adjusted to 2005 Dollars). This is 17.5 percent higher than the median in State of California of $55,567 and the median is 27 percent higher than the median household income level in the US of $49,133.

The Asian householders in the area have reported their median household incomes at $75,075. This median is 11.5 percent greater than the all households reported median in the area. Black or African American headed households had a median household income that was 22.5 percent greater than the total 2000 reported median, with a their median reported to be $82,436. Hispanic Householders in Placer County, California recorded a median income of $52,622, this income level is 21.8 percent less than the reported median household income for all households in the area. The American Indian and Alaska Native householders in Placer County reported an income level of $63,084, this median was 6.3 percent less than the areas median level for all households. In Placer County, California White headed households reported household income (in 2005 Dollars) of $68,158 as reported in 2000 by the census, which was 1.3 percent greater than the median in 2000.

As the median income level saw a decline from 2000 to 2005 in Placer County, California, the Race/Ethnicity category that felt the biggest decline in median income was the White Race/Ethnicity category. This category went through a decline of 8.5 percent from 2000 to 2005. The Black or African American population category was least influenced by the median household income decline in Placer County, undergoing a 47.2 percent increase in household income, since the reported levels in 2000.

Contrasted against to other counties (or parishes) throughout the US, Placer County, California can be considered to have a very low poverty rate amid the residents with a poverty rate of 5.8 percent of the individuals existing in families with incomes under the poverty level in 1999. The Hispanic race/ethnicity demographic group, represents the largest rate of poverty with 12.7 percent of the population in 2000 living in poverty. Individuals aged 5 years have the largest percent of population in poverty in Placer County, with 8.1 percent of this age group in the area living in poverty.

The poverty rate in Placer County, California has declined by 0.3 percent since the 2000 rates, moving from 5.8 percent to 5.5 percent.

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

Higher Education in Placer County, California

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According to the 2000 Decennial Census in Placer County, California, a high proportion of the male population in the area have reached the Some College or Associates Degree category, with 36.6 percent reaching this education level. The female population in Placer have achieved a lower level of higher education (Bachelors or Higher) than the men in the area: 34.8 percent (Men) versus 26.2 percent (Women). A high proportion of the female population in the area has reached the Some College or Associates Degree, with 41 percent of women in the area reaching this education level.

In Placer County, California as reported in the 2000 Census, 30.4 percent of the White Alone, 39.4 percent of Black or African American, 46.2 percent of the Asian alone and 15.6 percent of the Hispanic or Latino population (over 25) has obtained a Bachelors Degree or Higher.

Placer County, California can be considered to have a highly-educated working age population, with 30.2 percent of the population over 25 years old having received at least a Bachelors Degree, according to the Decennial Census of 2000. Placer has a higher percent of highly educated individuals than the State of California's proportion of 26.6 percent and a higher percent than the national average of 24.4 percent.

Since 2000, Placer has increased in the population percent with a Bachelors of Higher. This population percent has grown by 2.4 percent to a total of 32.6 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 California percent of 29.6 and greater than the national percent of 27.2.

From the years 2000 to 2005, the proportion of the male population that could be considered highly educated has increased by 1.8 percent. In the year 2005, 36.8 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 2.4 percent. By 2005, a total of 28.6 percent of the female population having received at least a Bachelors Degree.

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

Demographic Profile for Placer County, California

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In 2005, the Census Bureau estimated the median age in Placer County, California to be 37.7 years old. The median age in Placer is greater than the median age for the State of California of 34.4. Since the year 2000, the area has witnessed a decline in the median age, when it was 38.1 years old. With a total of 23.2 percent of the population in 2005 being comprised of children and youth younger than 18, Placer can be described as being made up of a medium-high percent of individuals under 18. The working age population group (18-64) has a medium-high presence of the population, with 62.8 percent of the population makes up this age category. The retirement (65 and over) age group comprises 14 percent of the population. When compared to other counties in the United States, this represents a medium-low proportion of the area population base.

By measuring total land area, Placer encompasses a total area of 1404 square miles. The county has a medium-high density of 226 persons per square mile. Similar counties in the US, in terms of density, include: -- more densely populated -- Charlotte, FL (227 per sq. mile ), Pickens, SC (229 per sq. mile ), Bullitt, KY (229 per sq. mile ), -- less densely populated -- Windham, CT (226 per sq. mile ), Licking, OH (225 per sq. mile ), Douglas, KS (225 per sq. mile ).

Placer County, California had an estimated population of 317,028 in 2005. The total population has increased very sharply, since the 2000 total population of 251,327. This growth signifies an increase of 26.1 percent. Placer ranks 10 of 58 counties in terms of population growth in California and the county ranks 40 of 3,141 counties in terms of population growth in the United States.

Placer County, California has a population that is made up of 80.2 percent White, 1.2 percent African American, 4.5 percent Asian, and 10.7 percent Hispanic. This area can be considered to have a high level of diversity in terms of race and ethnicity, with 16.4 percent of the population being minorities. This is less than the State of California percent of 53.4. Since 2000, Placer has increased in diversity when 13.5 percent of the population was made up of minorities.

Estimated since the year 2000, a medium-high amount of people have migrated to Placer from another country. The international migration into Placer makes up 0.2 percent of immigration into the State of California. This percent of immigration can be considered medium-high when comparing levels of immigration per population in 2005.

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

Housing Report for Placer County, California

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In Placer County, the U.S. Census Bureau, Population Division accounted for a total of 137,086 housing units in the year 2005. This represents a growth in housing units, adding a sum of 22,042 homes since 2001, or 19.2 percent.

There seems to be a limited amount of real estate that is affordable in Placer County, California. In 2005, 4.3 percent of housing was valued under $125k.

Placer County recorded a median home value in 2005 of $492,000, according to the American Community Survey. This is greater than the State of California 2005 home value of $477,700 and greater than median owner-occupied dwelling value of $167,500 across the nation during that year.

Placer County has a extremely high proportion of high-valued homes. In 2005, the American Community Survey accounted that 48.2 percent owner-occupied dwelling are valued over a half a million dollars.

The residential home values in Placer County, California have increased very sharply from the housing values in 2000. The residential values have increased by $278,100, or 130 percent, from their 2000 value of $213,900.

When compared to other counties in California, Placer County stands 1 of 58 by percentage growth in residential real estate. The county is positioned 56 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

Data Source: U.S. Census Bureau

Employment Report for Placer County, California --...

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Employment Report for Placer County, California -- Annual 2005 Industry Summary

In Placer County, Retail Trade, Construction, and the Accommodation and food services industries have the largest percent of jobs of all industries. The Retail Trade provides the most jobs and contributes 17.6 percent of the total county employment. This totals 20,392 individuals. The Construction and Accommodation and food services industries make up 14.4 and 12.6 percent of total employment, respectively.

Manufacturing between the years 2001 and 2005, saw the greatest loss in employment in Placer County. The industry lost a total of 2,311 total jobs during the period, accounting for 20 percent of employment in the sector. These losses made up 43.6 percent of all county employment losses since 2001.

Utilities has the largest employers in Placer County. The industry averages 31 jobs per establishment, which is less than the industry's national average of 34 and less than the State of California average of 47 for the Utilities industry.

In Placer County, Construction, Arts, entertainment, and recreation and Real estate and rental and leasing have the highest US LQ in 2005. The Construction sector has a United State LQ of 2.19. The level of employment in the Construction sector is 2.19 times greater than the national average, signifying that Placer may be an exporter of products or services of Construction.

Finance and insurance is an attractive industry due to its high level of job growth since the year 2001 in Placer County, changing a total of 79.4 percent. This is greater than the national employment change in the industry of 4.8 percent. The State of California had an industry job change of 13.1 percent, during the period of 2001 to 2005.

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