In Lake County, jobs in the technical and trade schools pay the highest wages

(Click Image to Enlarge Graph)

Employment in the technical and trade schools industry had the highest average wages in Lake County for the 2nd quarter of 2006. The average worker in the industry in Lake County was paid an annual wage of $96,192 in 2006. The annual wage is greater than the industry wage in Florida of $34,862 and greater than then the wage for jobs in this industry at the United States Level of $35,672.

Other top-pay jobs in Lake County, Florida are present in electric goods merchant wholesalers ($86,973), securities and commodity contracts brokerage ($81,312), management of companies and enterprises ($69,176) and offices of physicians ($64,795) 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.

Lake County Wages have increased by 28.7% Since 2001

(Click Image to Enlarge Graph)

From the second quarter of 2001 to the second quarter of 2006, industry wages have increased in Lake County, Florida by a total of 28.7%. This is greater than the growth in industry wages for the State of Florida and greater than the growth in average industry wages for the United States.

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.

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

(Click Image to Enlarge Graph)

The overall industry wages in Lake County, Florida when analyzed can be described as medium-high when compared to other 2nd quarter of 2006 County wages throughout the state. The average pay is 15 percent lower than the state, which accounted an average of $36,487. The overall industry wage was less than the US average pay 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.

Lake County Five-Year Industry Employment Change

In Lake County, Florida, the total number of jobs throughout all industries has increased by 15,742 total jobs from 2001 to 2006.

From the 127 industries with industry data reported by the BLS in each quarter, 34 accounted an for increase in employment during the period and 93 industries reported employment loss in the period.

Total Five-Year Employment Decline in Lake County

From of the area's 4-digit NAICS industries, the Employment services industry witnessed the largest drop in employment, losing a total of 869 jobs during the time period. The jobs lost in the Employment services industry make up 20.4 percent of the employment lost during the period in Lake County, Florida.

Top 5 Industries
1. Employment services (869 jobs lost)
2. Electric goods merchant wholesalers (562 jobs lost)
3. Grocery stores (510 jobs lost)
4. Fruit and vegetable preserving and specialty (504 jobs lost)
5. Management of companies and enterprises (329 jobs lost)

Total Five-Year Employment Growth in Lake County

The Full-service restaurants industry has brought the most jobs with a total of 1,190 employees finding new jobs in the industry. The employment growth in the Full-service restaurants industry makes up 6.7 percent of the growth in Lake County.

Top 5 Industries
1. Full-service restaurants (1,190 new jobs)
2. Other general merchandise stores (1,166 new jobs)
3. Building material and supplies dealers (1,095 new jobs)
4. Other specialty trade contractors (897 new jobs)
5. Building finishing contractors (869 new jobs)

Lake County Five-Year Percentage Decline in Employment

The Management of companies and enterprises industry has lost the biggest percent of jobs, losing 70.5 percent of the jobs from 2001 to 2006. These have declined faster than the industry sector has gone through in the Florida, where the industry felt a gain of 23.2 percent. The losses in the Management of companies and enterprises industry in Lake County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 3.5 in percent of jobs in the Management of companies and enterprises industry.

Top 5 Industries
1. Management of companies and enterprises (70.5 percent decline)
2. Lawn and garden equipment and supplies stores (68.7 percent decline)
3. Electric goods merchant wholesalers (66.4 percent decline)
4. Utility system construction (61.1 percent decline)
5. Employment services (60.9 percent decline)

Lake County Five-Year Percentage Growth in Employment

The Other financial investment activities industry has witnessed the largest percentage of employment expansion, increasing by 470.6 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Lake County has expanded faster than the overall industry growth seen in the State of Florida, where the industry felt a gain of 72 percent. The Other financial investment activities industry in Lake County outpaced the national average, which felt a gained 20 percent of the industry employment.

Top 5 Industries
1. Other financial investment activities (470.6 percent gain)
2. Plastics product manufacturing (466.0 percent gain)
3. Drycleaning and laundry services (303.1 percent gain)
4. Water, sewage and other systems (288.0 percent gain)
5. Business support services (287.7 percent gain)

Total industry employment has increased by 28.2 percent since the 2nd Quarter figures of 2001. This change is greater than percent in the State of Florida, which went through a gain of 11.8 percent since 2001 ( 2nd Quarter). The gains in the area were greater than than the gain experienced overall in the US of 2.6 percent.





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.

Lake County One-Year Industry Employment Change

Lake County One-Year Percentage Growth in Employment

The Metal and mineral merchant wholesalers industry has experienced the largest percentage growth, expanding by 822.2 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Lake County has grow faster than the industry job growth experienced in Florida, where this industry saw a gain of 2.2 percent. The Metal and mineral merchant wholesalers industry in Lake County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 4.5 percent.

Top 5 Industries
1. Metal and mineral merchant wholesalers (822.2 percent gain)
2. Chemical merchant wholesalers (236.4 percent gain)
3. Water, sewage and other systems (192.6 percent gain)
4. Specialty food stores (84.6 percent gain)
5. Clothing stores (77.6 percent gain)

The total number of jobs has increased by 4.8 percent since the 2nd Quarter of 2005. This is greater than percent in the State of Florida, which experienced a gain of 3.2 percent from 2005 (2nd Quarter). The gains in the area were greater than than the gain felt at the national level of 2.0 percent.

Lake County One-Year Percentage Decline in Employment

The Lawn and garden equipment and supplies stores industry has lost the largest amount of employment in terms of percentage, losing 69.8 percent from 2005 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry sector has gone through in the Florida, where the industry reported a loss of 1.4 percent. The losses in the Lawn and garden equipment and supplies stores industry in Lake County outpaced the US in terms of percent of decline of industry employment. The US lost 0.3 percent in terms of employees in the Lawn and garden equipment and supplies stores industry.

Top 5 Industries
1. Lawn and garden equipment and supplies stores (69.8 percent decline)
2. Bakeries and tortilla manufacturing (68.8 percent decline)
3. Furniture and furnishing merchant wholesalers (53.1 percent decline)
4. Machine shops and threaded product mfg. (52.6 percent decline)
5. Nonresidential building construction (47.3 percent decline)

Total One-Year Employment Decline in Lake County

Given the industries in the area, the Depository credit intermediation industry faced the greatest employment loss with a total loss of 259 jobs in that time period. The declines in the Depository credit intermediation industry make up 11.3 percent of the employment lost during the period in Lake County, Florida.

Top 5 Industries
1. Depository credit intermediation (259 jobs lost)
2. Grocery stores (221 jobs lost)
3. Home health care services (214 jobs lost)
4. Management and technical consulting services (193 jobs lost)
5. Lawn and garden equipment and supplies stores (163 jobs lost)

In Lake County, Florida, the entire sum of jobs in all industries overall has increased by 3,284 jobs between mid-2005 and mid-2006.

Total One-Year Employment Growth in Lake County

Of the industries (4-digit NAICS) in the area, the Other general merchandise stores industry has grown the most with 780 new jobs created in the period. The job growth in the Other general merchandise stores industry makes up 13.8 percent of the total growth in Lake County.

Top 5 Industries
1. Other general merchandise stores (780 new jobs)
2. Building equipment contractors (496 new jobs)
3. Other specialty trade contractors (396 new jobs)
4. Building finishing contractors (296 new jobs)
5. Department stores (242 new jobs)

From the 143 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 63 described an expansion of jobs throughout the time period, while 78 industries reported a drop in employment.





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 Lake County, Florida

The households that were headed by an American Indian and Alaska Native individual in Lake County reported an income level of $39,292, which was 9 percent less than the median level for total households in the area. Hispanic in Lake County, Florida , as reported in 2000, had a median household income of $42,280, this income level is 2.1 percent less than the reported median household income for all households in the area. In Lake County, Florida White householders had a median income (2005 Dollars) of $44,405 as reported by the Decennial Census of 2000, which was 2.8 percent greater than the median household income in 2000. Black or African American headed households had a median household income that was 39.8 percent less than the all population median published in the 2000 Census, with a median of $25,988. The Asian householders in the area have reported their median household incomes at $52,747. This income level is 22.2 percent greater than the reported median household income for all households in the area.

The areas median household income has declined from the 2000 values (inflation adjusted). The median income has decreased to $39,698, which represents a 8.1 percent decline. Lake County, Florida, when analyzing percentage of decline, ranks 10 of 33 counties in percent of decline for household income in Florida. Lake County ranks 327 of 668 counties (or parishes) when analyzing the decline in median income level for the United States.

As the median income level saw a decline during the period of 2000 to 2005 in Lake County, Florida, the Race/Ethnicity group that experienced the largest decline in median household income was the White Race/Ethnicity category. This category went through a decline of 10.5 percent since the year 2000. The Asian Race/Ethnicity group has been least impacted by the median income decline in Lake County, encountering a 18.2 percent increase in median household income from 2000 to 2005.

The poverty rate in Lake County, Florida has increased by 2.8 percent since the 2000 rates, moving from 9.6 percent to 12.4 percent.

Contrasted against to other counties (or parishes) throughout the US, Lake County, Florida can be understood to have a medium-low rate of poverty among the people, accounting a rate of 9.6 percent with a family income under the 1999 poverty level. The Black or African American race/ethnicity demographic category, owns the foremost rate of poverty with 31.7 percent of the 2000 population living in poverty. People that are of the age Under 5 years are witness to the most percent living in poverty in Lake County, having 16.8 percent of this demographic group living with incomes under poverty.

When compared to other counties (and parishes) throughout the United States, Lake County reported a medium-high median income for households of $43,177 (2005 Dollars). The income level is 5.2 percent lower than the household income median in State of Florida of $45,418 and the income level is 13.8 percent lower 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.

Higher Education in Lake County, Florida

In 2000, the Census reported that in Lake County, Florida, the largest educational attainment category for men is the High School Diploma category, with 31.4 percent reaching this education level. The female population in Lake have achieved a lower level of higher education (Bachelors or Higher) than the men in the area: 19 percent (Men) versus 14.4 percent (Women). The most common level of education for women in the area is High School Diploma, with 36.8 percent of the women population in the area achieving this level of education.

Since the year 2000, Lake has increased in the total percent of the over 25 population having a Bachelors Degree or Higher. This population group has grown by 3.6 percent to a total of 20.2 in 2005, as reported by the American Community Survey. The poporation of the 2005 population having received at least a BA is less than the 2005 State of Florida percent of 25.2 and less than the US 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 2.2 percent. By 2005, 21.2 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 5.0 percent. By 2005, a total of 19.4 percent of the women in the population had received a Bachelors Degree or Higher.

Lake County, Florida may to understood as having a moderately-educated population of the working age, with 16.6 percent of the population (+25) having received at least a Bachelors Degree, as reported in the Decennial Census of 2000. Lake was reported to have a lower percent of individuals with higher educations than the State of Florida's proportion of 22.4 percent and a lower percent than United States proportion of 24.4 percent.

In Lake County, Florida as reported in the 2000 Census, 17.2 percent of the White Alone, 7.4 percent of Black or African American, 33.8 percent of the Asian alone and 14.6 percent of the Hispanic or Latino population, over the age 25, has achieved a Bachelors Degree or Higher.

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

Demographic Profile for Lake County, Florida

Estimated since the year 2000, a medium-high number of individual migrated to the Lake from another country. The international migration into Lake makes up 0.4 percent of immigration into the State of Florida. This amount of international migration is medium-high when compared to international migration per 2005 population.

Lake County, Florida has a population that is made up of 79.9 percent White, 8.5 percent African American, 1.4 percent Asian, and 9.1 percent Hispanic. The area can be described as having a high amount of racial and ethnic diversity, with 19.0 percent of the population made up of minorities. This is less than the State of Florida percent of 36.5. Since 2000, Lake has increased in diversity when 14.8 percent of the total population were minorities.

In 2005, the Census Bureau estimated the median age in Lake County, Florida to be 44.2 years old. The median in Lake is greater than the median age for the State of Florida of 39.5. Since 2000, the area has experienced a decline in the median age, when it was 45.2 years old. With a total of 19.9 percent of the 2005 population being made up of children and youth younger than 18, Lake can be described as having a relatively low percent of people under 18. The 18 to 64 years old population group has a relatively low representation within the estimated 2005 area population, making up 53.5 percent of the population within the age group. People 65 and older make up 26.7 percent of the population in the area. When compared to other counties throughout the United States, this represents a relatively high proportion of the area population base.

When measuring the total land area, Lake spans a total of 953 square miles. The land areas has a medium-high density of 291 persons per square mile, in 2005. Similar counties, in terms of density, in the US include: -- more densely populated -- Washington, WI (293 per sq. mile ), Sussex, NJ (294 per sq. mile ), Peoria, IL (294 per sq. mile ), -- less densely populated -- Berkeley, WV (291 per sq. mile ), Spotsylvania, VA (291 per sq. mile ), Howard, IN (290 per sq. mile ).

Lake County, Florida had a total estimated population of 277,035 in the year 2005. The population has increased very sharply, from the population in the year 2000 of 212,843. This growth shows an increase of 30.2 percent. Lake ranks 8 of 67 counties when analyzing total population change in Florida and the county ranks 42 of 3,141 counties in terms of population growth in the United States.

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

Housing Report for Lake County, Florida

In Lake County, there were a total of 127,656 homes in the year 2005. This county has gone through a growth in housing units, adding all together 18,476 residential units since 2001, or 16.9 percent.

When compared to other counties in Florida, Lake County is positioned 10 of 67 by percent in growth of new residential structures. The county places 78 of 3,141, comparing the percentage change in residential in other US counties.

Lake County had a median home value in the year 2005 of $149,000, published by the American Community Survey. This median is less than the overall Florida 2005 home median value of $189,500 and less than median owner-occupied dwelling value of $167,500 across the nation during that year.

There seems to be a fair amount of real estate that is affordable in Lake County, Florida. In 2005, 40.7 percent of owner-occupied dwellings were valued under $125k.

Lake County may be be described as having a medium proportion of high-valued homes. In 2005, the American Community Survey accounted that 2.4 percent of the houses are valued over a half a million dollars.

The residential real estate values in Lake County, Florida have seen large increases since the Census values accounted for in the year 2000. The values have increased by $48,400, or 48.1 percent, from their 2000 value of $100,600.

Data Source: U.S. Census Bureau

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

Mining is the industry with the largest establishments in Lake County, with the industry averaging 34 workers per each place of employment, being greater than the US industry average of 21 and greater than the Florida average of 21 for the Mining industry.

In Lake County, Agriculture, forestry, fishing and hunting, Construction and Retail Trade industries have the highest United States location quotient (LQ). The Agriculture, forestry, fishing and hunting industry has an LQ of 2.63. The level of employment in the Agriculture, forestry, fishing and hunting sector is 2.63 times greater than the US average, showing signs that Lake County produces more than its local requirement of products and/or services of Agriculture, forestry, fishing and hunting.

Real estate and rental and leasing saw the biggest increase in jobs since the year 2001 in Lake County, with an industry growth of 78.3 percent. This is greater than the national employment change in the industry of 4.3 percent. The State of Florida experienced a change in employment in the sector of 16.7 percent, since the year 2001.

Management of companies and enterprises between the years 2001 and 2005, saw the greatest loss in employment in Lake County. The industry was hit with a loss of 266 jobs during the period, or 60.5 percent of employment in the sector. These losses made up 37.6 percent of the total loss in employment during the period.

In Lake County, Retail Trade, Health care and social assistance, and the Construction sectors are the largest industries, in terms of total number of jobs in 2005. The Retail Trade provides the most jobs and contributes 18.5 percent of the total county employment. This totals 12,641 individuals. The Health care and social assistance and Construction sectors provide 16.1 and 15.3 percent of all employment.







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