Redding, CA

Redding Metro Area industry wages have increased by 18.1% percent since 2001

2007-03-19T01:38:00.000-07:00

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From the second quarter of 2001 to the second quarter of 2006, industry wages have increased in the Redding Metro Area by a total of 18.1%. This is greater than the growth in wages for the State of 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.

Redding Metro Area Industry Wages Lag Behind California, and Wages Lag Behind the United States Industry Wages

2007-02-27T22:44:00.000-08:00

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Wages in all industries in Redding, CA can be understood as being medium-low when analyzed with other Metro Areas in the United States. The overall wages are 32.1 percent lower than the with an state average of $45,358. The overall industry wage was less than the national industry average 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.

Redding Five-Year Industry Employment Change

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Employment for all industries has increased by 8.9 percent from 2001 (2nd Quarter). These figures are greater than growth in California, experiencing a gain of 2.8 percent since the 2nd Quarter of 2001. The gains the area experienced were greater than than the gain experienced overall in the US of 2.6 percent.

The Redding Metro Area: Five-Year Percentage Decline in Employment

The Power generation and supply industry has lost the largest amount of employment in terms of percentage, losing 79.2 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 has seen in the California, where the industry reported a gain of 12.3 percent. The losses in the Power generation and supply industry in Redding outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 9.7 percent in terms of employees in the Power generation and supply industry.

Top 5 Industries
1. Power generation and supply (79.2 percent decline)
2. Other heavy construction (75.5 percent decline)
3. Other financial investment activities (63.8 percent decline)
4. Business support services (57.9 percent decline)
5. Utility system construction (53.1 percent decline)

The Redding Metro Area: Five-Year Percentage Growth in Employment

The Wireless telecommunications carriers industry has witnessed the largest percentage of employment expansion, increasing by 734.0 percent from 2001 to 2006. This industry in Redding has added employment faster than the industry job growth experienced in California, where the industry felt a loss of 3.2 percent. The Wireless telecommunications carriers industry in Redding outpaced the United States, which experienced a lost 0.9 percent of the industry employment.

Top 5 Industries
1. Wireless telecommunications carriers (734.0 percent gain)
2. Special food services (647.4 percent gain)
3. Management and technical consulting services (208.8 percent gain)
4. Land subdivision (192.3 percent gain)
5. Insurance carriers (181.5 percent gain)

Given the 140 4-digit NAICS industries, 53 showed an escalation in the number employed, while 85 industries reported a drop in employment.

In the Redding, CA metro area, the total number of workers for all sectors has increased by 4,482 jobs from mid-2001 to mid-2006.

Total Five-Year Employment Growth in the Redding Metro Area

The Full-service restaurants industry has grown the most with 1,234 new jobs created in the period. The job growth in the Full-service restaurants industry makes up 14.4 percent of the total number of new jobs in Redding.

Top 5 Industries
1. Full-service restaurants (1,234 new jobs)
2. Management and technical consulting services (434 new jobs)
3. Accounting and bookkeeping services (401 new jobs)
4. Building finishing contractors (384 new jobs)
5. Private households (383 new jobs)

Total Five-Year Employment Decline in the Redding Metro Area

From of the area's 4-digit NAICS industries, the Business support services industry witnessed the largest drop in employment, losing a total of 376 jobs. The declines in the Business support services industry make up 12.6 percent of the employment lost during the period in Redding, CA.

Top 5 Industries
1. Business support services (376 jobs lost)
2. Power generation and supply (236 jobs lost)
3. Management of companies and enterprises (220 jobs lost)
4. Community care facilities for the elderly (174 jobs lost)
5. General freight trucking (164 jobs lost)

Redding One-Year Industry Employment Change

2007-01-24T17:16:00.000-08:00

The Redding Metro Area: One-Year Percentage Decline in Employment

The Other financial investment activities industry has lost the largest percent of jobs, losing 48.1 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry sector has gone through in the California, where the it saw a gain of 8.5 percent. The losses in the Other financial investment activities industry in Redding outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 7.1 percent in terms of employment in the Other financial investment activities industry.

Top 5 Industries
1. Other financial investment activities (48.1 percent decline)
2. Commercial equip. merchant wholesalers (28.6 percent decline)
3. Cattle ranching and farming (24.7 percent decline)
4. Office administrative services (24.1 percent decline)
5. Specialty food stores (21.9 percent decline)

Total employment has increased by 4.6 percent since the 2nd Quarter of 2005. This is greater than percent in the State of California, which saw a gain of 2.1 percent from 2005 (2nd Quarter). The gains in the area were greater than than the gain reported at the US level of 2 percent.

The Redding Metro Area: One-Year Percentage Growth in Employment

The Misc. nondurable goods merchant wholesalers industry has gone through the largest job growth by percent, increasing by 386.4 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Redding has expanded faster than the industry job growth experienced in California, where it saw a gain of 5.2 percent. The Misc. nondurable goods merchant wholesalers industry in Redding outpaced the US in terms of percent growth of industry employment. During this period, the US gained 0.2 percent in this industry.

Top 5 Industries
1. Misc. nondurable goods merchant wholesalers (386.4 percent gain)
2. Business support services (76.8 percent gain)
3. Florists (46.1 percent gain)
4. Petroleum merchant wholesalers (43.9 percent gain)
5. Household goods repair and maintenance (38.9 percent gain)

Total One-Year Employment Decline in the Redding Metro Area

Given the industries in the area, the Employment services industry witnessed the largest drop in employment, losing a total of 130 jobs during the time period. The jobs lost in the Employment services industry make up 10.4 percent of the jobs lost during the period in Redding, CA.

Top 5 Industries
1. Employment services (130 jobs lost)
2. Community care facilities for the elderly (129 jobs lost)
3. Management of companies and enterprises (82 jobs lost)
4. Office administrative services (48 jobs lost)
5. Gasoline stations (46 jobs lost)

In the Redding, CA metro area, the total number of jobs throughout all industries has increased by 2,433 jobs between mid-2005 and mid-2006.

Out of the 138 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 62 accounted an for increase in employment during the period and 76 industries reported employment loss in the period.

Total One-Year Employment Growth in the Redding Metro Area

The Full-service restaurants industry has accounted the most employment growth with a total of 500 employees finding new jobs in the industry. The employment growth in the Full-service restaurants industry makes up 15.2 percent of the total employment growth in Redding.

Top 5 Industries
1. Full-service restaurants (500 new jobs)
2. Department stores (226 new jobs)
3. Nursing care facilities (206 new jobs)
4. Highway, street, and bridge construction (182 new jobs)
5. Building finishing contractors (146 new jobs)

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 Redding, CA

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The poverty rate in the Redding, CA Metro has declined by 2.2 percent since the 2000 rates, moving from 15.4 percent to 13.2 percent.

Black or African American headed households had a median household income that was 24.2 percent less than the all population median published in the 2000 Census, with a median of $30,469. According to the 2000 Census, the Asian headed households in the area have median household incomes of $37,486. This income level is 6.7 percent less than the all households reported median in the area. The American Indian and Alaska Native householders in Redding had a median household income level of $29,883, this was 25.6 percent less than the median income level in this area. In Redding, CA White headed households reported household income (in 2005 Dollars) of $41,021 as reported by the Decennial Census of 2000, which was 2.1 percent greater than the median income in 2000. Hispanic in Redding, CA , according to the 2000 census, had a median household income of $34,024, which is 15.3 percent less than the median reported for all households in the area.

Compared to Metro Areas across the United States, the Redding metro area accounted a relatively low median household income of $40,172 (Adjusted to 2005 Dollars). This figure is 38.3 percent lower than the household income median in State of California of $55,567 and the median household income is 22.3 percent lower than the median for the rest of the nation, which is a reported $49,133.

While household income level experienced a growth since 2000 in the Redding, CA metro area, the Race/Ethnicity category that saw the sharpest growth in the household income level was the American Indian and Alaska Native Race/Ethnicity category. This group experienced an increase of 1.1 percent since 2000. The Hispanic population group was least impacted by the household income growth in Redding, encountering a 27.5 percent decline in household income level, since the year 2005.

Contrasted against to other Metropolitan Areas throughout the US, the Redding metro area may be understood as having a relatively high poverty rate amongst the population, with a poverty rate of 15.4 percent of the population with family incomes below the 1999 poverty level. The Asian race/ethnicity demographic category, owns the foremost rate of poverty with 32.3 percent of the people in 2000 living in poverty. The population that is aged Under 5 years have the largest percent of population in poverty in Redding, having 24.8 percent of the population in this age category living in poverty.

The areas median household income has increased from the values (adjusted for inflation) in 2000. The median has increased to $42,227, which represents a 5.1 percent growth. The Redding, CA MSA, when analyzing percentage of growth, ranks 6 of 28 metro area in percent of growth for the household income level in the State of California. Redding ranks 6 of 28 metro area when analyzing the growth in median income level for the United States.

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

Higher Education in the Redding, CA Metro Area

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From 2000, the Redding metro area has increased in the population percent with a Bachelors of Higher. This population percent has grown by 2.2 percent to a total of 18.8 percent in 2005. The American Community Survey reports that the proportion of the 2005 population that is highly educated is less than the 2005 State of California percent of 29.6 and less than the national percent of 27.2.

Redding, CA Metro Area may to understood as having a moderately-educated population of the working age, with 18.8 percent of the population (+25) having received a BA or higher, as reported in American Community Survey of 2005. The Redding MSA is reported having a lower percent of the population with at least a Bachelors than the State of California's proportion of 29.6 percent and a lower percent than United States proportion of 27.2 percent.

In the Redding, CA Metro Area according the 2005 American Community Survey, 19.2 percent of the White Alone, . percent of Black or African American, 34.4 percent of the Asian alone and 20.8 percent of the Hispanic or Latino population, over the age 25, has achieved at least a Bachelors Degree.

From 2000 to 2005, the percent of male population that is highly educated has increased by 1.0 percent. By 2005, 19 percent of the total male population, in the area, has obtained at least a Bachelors Degree. From 2000 to 2005, the percent of women with a Bachelors or Higher has increased by a total of 3.4 percent. By 2005, a total of 18.4 percent of the total female population achieved this high level of education.

Reported by the 2005 American Community Survey in the Redding, CA Metro Area, a high proportion of the male population in the area have reached the Some College or Associates Degree category, with 36.8 percent obtaining this level of education. The women in the Redding metro area have on average achieved a lower level of higher education (Bachelors Degree or Higher) than the male population-- 19 percent (Men) versus 18.4 percent (Women). The most common level of education for women in the area is Some College or Associates Degree category, with 39.8 percent of women in the area reaching this education level.

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

Demographic Profile for Redding, CA

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Estimated since the year 2000, a medium-low amount of people migrated into the Redding metro area, with 665 people migrating in internationally. The migration from outside the US into Redding totals 0 percent of immigration into the State of California. This level of international migration can be considered medium-low when compared to international migration per 2005 population.

The U.S. Census Bureau, in the year 2005, estimated the median age in the Redding metro area to be 39.0 years old. The median age in Redding is greater than the median age for the State of California of 34.4. Since the year 2000, the area has witnessed an increase in the median, when the median age was 38.9 years old. With a total of 24.9 percent of the population in 2005 being comprised of children and youth younger than 18, Redding can be understood as having a relatively high percent of individuals under 18. The working age population group (18-64) has a medium-low presence of the population, with 60.3 percent of the population within the age group. People 65 and older make up 11 percent of the population. When compared to other metro areas in the United States, this represents a medium-low proportion of the area population base.

The Redding metro area had an estimated population of 179,904 in 2005. The estimated population has increased sharply, since the 2000 total population of 163,841. This growth shows an increase of 9.8 percent. Redding ranks 14 of 26 MSAs in terms of population growth in California and the metro area ranks 128 of 361 metro areas by growth in MSA population in the United States.

The Redding metropolitan statistical area (MSA) has a population that is comprised of 84.4 percent White, 0.9 percent African American, 2.1 percent Asian, and 7.2 percent Hispanic. The area can be described as having a modest level of diversity, with 10.2 percent of minorities in the 2005 population base. This is less than the State of California percent of 53.4. Since 2000, Redding has increased the percent of minority population when 8.2 percent of the total population were minorities.

When measuring the total land area, the Redding metro area spans a total area of 3785 square miles. The MSA has a low average area density of 48 persons per square mile. Other metro areas with similar densities in the US include: -- more densely populated -- St George (49 per sq. mile ), Las Cruces (50 per sq. mile ), Victoria (50 per sq. mile ), -- less densely populated -- Bend (47 per sq. mile ), Boise City-Nampa (46 per sq. mile ), Bangor (43 per sq. mile ).

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

Housing Report for Redding

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Redding had a median home value in the year 2005 of $240,200, accounted by the American Community Survey. This median is less than the overall California 2005 median home value of $477,700 and greater than home value of $167,500 across the nation during that year.

There is a limited amount of real estate that is affordable in Redding, California. In 2005, only 16.9 percent of housing was valued under $125k.

In Redding, there were a total of 74,219 housing structures in 2005. The metro area has seen a medium-high growth level in the number housing units, adding a total of 4,346 homes since 2001, or 6.2 percent.

Redding is made up of a relatively high proportion of high-valued homes. For the year 2005, the American Community Survey accounted that 9 percent of the homes were valued over $500,000.

The owner-occupied dwellings in Redding, California have increased sharply since their reported values in 2000. The values have increased by $119,400, or 98.8 percent, from 2000 when they had reported median values of $120,800.

In the State of California, Redding places 16 of the 26 metro areas by percent in growth of new residential structures. The metropolitan area places 155 of 361, in terms of residential real estate percentage change compared to other United States metro areas.

Data Source: U.S. Census Bureau