Wednesday, March 21, 2007

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


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Employment in the securities and commodity contracts brokerage industry had the highest average wages in Citrus County for 2006. The average industry job in Citrus County received an annual wage of $92,824 in 2006. The average wage is less than the industry wage rate in Florida of $108,828 and less than then the wage for jobs in this industry at the United States Level of $138,150.

Other high-paying jobs in Citrus County, Florida can be found in office administrative services ($86,287), management and technical consulting services ($62,466), offices of physicians ($58,346) and computer systems design and related services ($58,135) industries. Note: Click Graph Above for Detail Comparison

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

Citrus County Wages have increased by 20.4% Since 2001


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From 2001 to 2006, average industry wages increased in Citrus County, Florida by a total of 20.4%. This is less than the growth in industry wages for the State of Florida 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

Citrus County Industry Wages Lag Behind Florida, and Wages Lag Behind the United States


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The average total wages in all industries in Citrus County, Florida can be understood as being medium-high when analyzed with other 2nd quarter of 2006 County wages throughout the state. The average pay is 19.3 percent lower than the state, which was reported to be $36,487. The average 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.

Friday, February 23, 2007

Citrus County Five-Year Industry Employment Change

Citrus County Five-Year Percentage Growth in Employment

The Other general merchandise stores industry has seen the largest percentage job growth, expanding by 465.4 percent from 2001 to 2006. This industry in Citrus County has added employment faster than the overall industry growth seen in the State of Florida, where it saw a gain of 74.9 percent. The Other general merchandise stores industry in Citrus County outpaced the United States, which experienced a gained 31.2 percent of the industry employment.

Top 5 Industries
1. Other general merchandise stores (465.4 percent gain)
2. Management and technical consulting services (400.7 percent gain)
3. Electronic markets and agents and brokers (230.4 percent gain)
4. Architectural and structural metals mfg. (208.0 percent gain)
5. Other specialty trade contractors (207.9 percent gain)

Citrus County Five-Year Percentage Decline in Employment

The Nonresidential building construction industry has seen the largest percentage drop in employment, losing 83.8 percent of the jobs from 2001 to 2006. These have declined faster than the industry sector has felt in the State of Florida, where the industry sector experienced a gain of 26 percent. The losses in the Nonresidential building construction industry in Citrus County outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 1.6 percent in terms of employment in the Nonresidential building construction industry.

Top 5 Industries
1. Nonresidential building construction (83.8 percent decline)
2. Metal and mineral merchant wholesalers (70.5 percent decline)
3. Business support services (57.2 percent decline)
4. Direct selling establishments (50.6 percent decline)
5. Book, periodical, and music stores (50.5 percent decline)

Total employment has increased by 24.1 percent from the reported values in 2001. These values are greater than growth in Florida, which saw a gain of 11.8 percent since 2001 ( 2nd Quarter). The gains in the area were greater than than the gain felt at the national level of 2.6 percent.

Total Five-Year Employment Growth in Citrus County

Of the industries (4-digit NAICS) in the area, the Building foundation and exterior contractors industry has brought the most jobs with a total of 713 total jobs brought in during the period. The growth in the Building foundation and exterior contractors industry makes up 11.5 percent of the total number of new jobs in Citrus County.

Top 5 Industries
1. Building foundation and exterior contractors (713 new jobs)
2. Full-service restaurants (695 new jobs)
3. Building equipment contractors (497 new jobs)
4. Other general merchandise stores (493 new jobs)
5. Other specialty trade contractors (445 new jobs)

In Citrus County, Florida, the total number of workers for all sectors has increased by 5,734 jobs between mid-2001 and mid-2006.

Total Five-Year Employment Decline in Citrus County

The Department stores industry witnessed the largest drop in employment, losing a total of 270 jobs during the period. The employment lost in the Department stores industry make up 20.6 percent of the jobs lost during the period in Citrus County, Florida.

Top 5 Industries
1. Department stores (270 jobs lost)
2. Grocery stores (235 jobs lost)
3. Nonresidential building construction (228 jobs lost)
4. Traveler accommodation (163 jobs lost)
5. Business support services (84 jobs lost)

Given the 99 4-digit NAICS industries, 29 described an expansion of jobs throughout the time period, while 69 industry sectors accounting for employment declines during that time period.





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

Citrus County One-Year Industry Employment Change

Citrus County One-Year Percentage Decline in Employment

The Computer systems design and related services industry has seen the largest percentage drop in employment, losing 73.6 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 has seen in the Florida, where the industry reported a gain of 3.4 percent. The losses in the Computer systems design and related services industry in Citrus County outpaced the US in terms of percent of decline of industry employment. The US gained 6.8 in percent of jobs in the Computer systems design and related services industry.

Top 5 Industries
1. Computer systems design and related services (73.6 percent decline)
2. Household goods repair and maintenance (45.2 percent decline)
3. Electronic shopping and mail-order houses (33.3 percent decline)
4. Business support services (33 percent decline)
5. Water, sewage and other systems (32.3 percent decline)

Total industry employment has increased by 9.3 percent since the 2nd Quarter of 2005. This is greater than growth in the State of Florida, which experienced a gain of 3.2 percent since the 2nd Quarter of 2005. The gains in the area were greater than than the gain reported at the US level of 2.0 percent.

Citrus County One-Year Percentage Growth in Employment

The Unclassified industry has seen the largest percentage job growth, expanding by 776.0 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Citrus County has grow faster than the overall industry growth seen in the State of Florida, where the industry felt a gain of 87.3 percent. The Unclassified industry in Citrus County outpaced the nation in terms of industry employment growth . During this period, the nation gained 12.1 percent.

Top 5 Industries
1. Unclassified (776.0 percent gain)
2. General freight trucking (79.9 percent gain)
3. Chemical merchant wholesalers (66.7 percent gain)
4. Electronics and appliance stores (53.6 percent gain)
5. Specialty food stores (48.6 percent gain)

Total One-Year Employment Growth in Citrus County

Of the industries (4-digit NAICS) in the area, the Full-service restaurants industry has added the most employment with 220 jobs added during the time period. These new jobs in the Full-service restaurants industry makes up 13.7 percent of the total employment growth in Citrus County.

Top 5 Industries
1. Full-service restaurants (220 new jobs)
2. Other specialty trade contractors (186 new jobs)
3. Other amusement and recreation industries (124 new jobs)
4. Building finishing contractors (88 new jobs)
5. Building foundation and exterior contractors (68 new jobs)

Given the 108 4-digit NAICS industries, 46 accounted an for increase in employment during the period and 60 industry sectors reported declines during the time period.

In Citrus County, Florida, the total number of jobs throughout all industries has increased by 2,518 jobs from mid-2005 to mid-2006.

Total One-Year Employment Decline in Citrus County

From of the area's 4-digit NAICS industries, the Computer systems design and related services industry experienced most substantial job loss, losing 150 jobs. The declines in the Computer systems design and related services industry make up 24.1 percent of the employment lost during the period in Citrus County, Florida.

Top 5 Industries
1. Computer systems design and related services (150 jobs lost)
2. Other general merchandise stores (45 jobs lost)
3. Grocery stores (38 jobs lost)
4. Limited-service eating places (37 jobs lost)
5. Business support services (31 jobs lost)





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.

Wednesday, January 10, 2007

Income and Poverty in Citrus County, Florida

Compared to counties across the United States, Citrus County was reported to have a medium-low median income for all households of $36,271 (Adjusted to 2005 Dollars). This figure is 25.2 percent lower than the median in Florida of $45,418 and the median household income is 35.5 percent lower than the median household income in the United States of $49,133.

While household income level experienced a decline in the last five year in Citrus County, Florida, the Race/Ethnicity group that went through the most dramatic decline in median income was the Black or African American category. This category saw a decline of 41.8 percent from 2000 to 2005. The Asian population group was least impacted by the household income decline in Citrus County, seeing a 2 percent increase in median household income from 2000 to 2005.

When compared to other counties (or parishes) across the United States, Citrus County, Florida can be recognized as having a medium-low rate of poverty among the people, accounting a rate of 11.7 percent of the population with family incomes below the 1999 poverty level. The Black or African American race/ethnicity population cohort, has the uppermost poverty rate with 21.4 percent of the population in 2000 living in poverty. Individuals aged 5 years are witness to the most percent living in poverty in Citrus County, with 23.2 percent of this age cohort living in poverty.

It was reported in 2000 that the Asian headed households had median household incomes of $51,919. This household income level is 43.1 percent greater than the all households reported median in the area. Black or African American headed households had a median household income that was 18 percent less than the total 2000 reported median, with a their median reported to be $29,758. Hispanic Householders in Citrus County, Florida recorded a median income of $28,839, which is 20.5 percent less than the reported median household income for all households in the area. In Citrus County, Florida White headed households reported a median household income (2005 Dollars) of $36,344 as reported by the Decennial Census of 2000, which was 0.2 percent greater than the median in the year 2000. The households that were headed by an American Indian and Alaska Native individual in Citrus County reported an income level of $49,871, which was 37.5 percent greater than the areas median level for all households.

The poverty rate in Citrus County, Florida has increased by 2.5 percent from the levels reported in the Decennial Census of 2000, moving from 11.7 percent to 14.2 percent.

The median household income in the area has declined from the inflation-adjusted 2000 income levels. The income level has decreased to $34,084, which amounts to a 6 percent decline. Citrus County, Florida, when analyzing percentage of decline, ranks 17 of 33 counties in percent of decline for income levels in the State of Florida. Citrus County ranks 411 of 668 counties (or parishes) when comparing the decline in median household income in the United States.

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

Monday, December 18, 2006

Higher Education in Citrus County, Florida

Between 2000 and 2005, the percent of the male population that can be understood as highly educated has increased by 4.6 percent. By 2005, 19.6 percent of total male population (over 25), in this area, held at least a Bachelors Degree. At the same time, the percent of women (over 25) holding a BA or higher has increased by a total of 2.4 percent. By the year 2005, a total of 13.8 percent of the women in the population had received a Bachelors Degree or Higher.

Citrus County, Florida can be considered to have a moderately-educated 2000 population, with 13.2 percent of the over 25 years old population having a Bachelors Degree or Higher, according to the 2000 Decennial Census. Citrus was reported to have a lower percent of highly educated individuals than the State of Florida's proportion of 22.4 percent and a lower percent than the average across the nation of 24.4 percent.

Reported by the 2000 Census in Citrus County, Florida, the most common level of education achieved in the area for the male population is the High School Diploma category, with 34.4 percent achieving this level. The female population in Citrus have on average achieved a lower level of higher education (Bachelors or Higher) than men; 15.2 percent (Men) versus 11.4 percent (Women). Many of the women in the area achieving a High School Diploma, with 41.2 percent of the female population achieving this education level.

Since the year 2000, Citrus has increased in the total percent of the over 25 population having a Bachelors Degree or Higher. This population group has grown by 3.2 percent to a total of 16.4 in 2005, according to the American Community Survey. The 2005 proportion of highly educated population is less than the 2005 State of Florida percent of 25.2 and less than the national percent of 27.2.

In Citrus County, Florida according to the Decennial Census of 2000, 13 percent of the White Alone, 9.2 percent of Black or African American, 42 percent of the Asian alone and 11 percent of the Hispanic or Latino (+25) has achieved at least a Bachelors Degree.

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

Monday, November 27, 2006

Demographic Profile for Citrus County, Florida

Citrus County, Florida had a population that was estimated at 134,370 in 2005. The total population has increased sharply, since its 2000 population of 118,656. This growth represents an increase of 13.2 percent. Citrus ranks 25 of 67 counties by growth in total population in Florida and the county ranks 233 of 3,141 counties when analyzing total county population change across the nation.

Citrus County, Florida has a population that is made up of 91.6 percent White, 2.6 percent African American, 1.1 percent Asian, and 3.4 percent Hispanic. The population mix can be considered to have a modest amount of racial and ethnic diversity, with 7.1 percent of the population made up of minorities. This is less than the State of Florida percent of 36.5. Since 2000, Citrus has increased the level of diversity when 5.8 percent of the population were minorities.

In terms of total land area, Citrus covers a total land area of 584 total square miles. The area has a medium-high population density of 230 persons per square mile. Similar counties in the US, in terms of density, include: -- more densely populated -- Butler, PA (231 per sq. mile ), Jackson, MI (232 per sq. mile ), Monongalia, WV (234 per sq. mile ), -- less densely populated -- Walton, GA (230 per sq. mile ), Androscoggin, ME (230 per sq. mile ), Franklin, KY (229 per sq. mile ).

Since the year 2000, a medium-low amount of people migrated to Citrus internationally. The international migration into Citrus totals 0.1 percent of the total international migration into the State of Florida. This level of international migration can be considered medium-low when comparing levels of immigration per population in 2005.

The U.S. Census Bureau, in the year 2005, estimated a median age in Citrus County, Florida to be 50.1 years of age. The median in Citrus is greater than the median age for the State of Florida of 39.5. Since the year 2000, the area has witnessed a decline in the median age, when it was 52.6 years old. A total of 16.6 percent of the population in 2005 being comprised of children and youth younger than 18, Citrus can be understood as having a relatively low percent of individuals under 18. The working age population group (18-64) has a relatively low representation within the population, making up 52.8 percent of the population within the age group. People 65 and older make up 30.6 percent of the total population base. Compared to other counties throughout the nation, this represents a relatively high proportion of the area population base.

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

Friday, November 10, 2006

Housing Report for Citrus County, Florida

Throughout the State of Florida, Citrus County stands 26 of 67 by percentage growth in residential real estate. The county is positioned 287 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

Citrus County recorded a median home value in 2005 of $127,900, accounted by the American Community Survey. This is less than the State of Florida 2005 median owner-occupied dwelling value of $189,500 and less than median home value of $167,500 across the nation during that year.

In Citrus County, the U.S. Census Bureau, Population Division accounted for a total of 70,149 housing units in the year 2005. This represents a growth in housing units, adding a sum of 6,510 housing units since the year 2001, or 10.2 percent.

The residential housing values in Citrus County, Florida have seen large increases since the Census values accounted for in the year 2000. The values have increased by $43,500, or 51.5 percent, from when in 2000 they were valued at $84,400.

Citrus County has a medium percentage of high-priced residential real estate. In 2005, the American Community Survey reports that 2.8 percent of the houses are valued over a half a million dollars.

It can be understood that there is a fair amount affordable residential real estate in Citrus County, Florida. In 2005, 48.8 percent of residential real estate was valued under $125,000.

Data Source: U.S. Census Bureau

Sunday, October 29, 2006

Employment Report for Citrus County, Florida -- Annual 2005 Industry Summary

Health care and social assistance has the largest businesses in Citrus County, with the industry averaging 21 workers per each place of employment, being greater than the industry's average in the United States of 21 and greater than the State of Florida average establishment size of 18 for the Health care and social assistance industry.

Educational services is the industry that has seen the largest increase in jobs from the year 2001 to the present in Citrus County, with an employment growth of 42 percent. This is greater than the industry employment change in the United States of 13.8 percent. The State of Florida experienced a change in employment in the sector of 21.4 percent, in the recent period of 2001-2005.

In Citrus County, Health care and social assistance, Retail Trade, and the Construction sectors, in terms of total employment, are the largest. Health care and social assistance produces the largest number of jobs in the area accounting for 22.1 percent of the total county employment. This totals 5,976 employees. The Retail Trade and Construction sectors account for 20.4 and 15.1 percent of the total jobs, respectively.

In Citrus County, Construction, Health care and social assistance and Retail Trade have the highest US LQ in 2005. The Construction industry has a US LQ in the county of 2.31. The level of employment in the Construction sector is 2.31 times greater than the national average, signifying that Citrus County may specialize, or be an exporter of Construction.

The Utilities industry has decreased the most in industries presence in Citrus County since the year 2001. The industry went from accounting for 5.6 percent of total jobs in the year 2001 to 0 percent in the year 2005.







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

 

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