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

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Jobs in the securities and commodity contracts brokerage industry wages were the highest in Floyd County for the 2nd quarter of 2006. The average worker in the industry in Floyd County was paid an annual wage of $109,722 in 2nd quarter of 2006. The wage rate is less than the industry pay the State of Georgia of $119,742 and less than then the pay for jobs in this industry across the nation of $138,150.

Other top-pay jobs in Floyd County, Georgia exsists in electronic markets and agents and brokers ($70,068), management of companies and enterprises ($68,415), chemical merchant wholesalers ($64,560) and management and technical consulting services ($62,307) industries. Note: Click the above Graphic 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.

Floyd County Wages have increased by 16.9% Since 2001

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Industry wages, from 2001 to 2006, have increased in Floyd County, Georgia by a total of 16.9%. This is greater than the growth in industry wages for the State of Georgia 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.

Floyd County Industry Wages Lag Behind Georgia, and Wages Lag Behind the United States

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The overall industry wages in Floyd County, Georgia can be understood as being relatively high when analyzed with other Counties in the state. The overall wages are 11.5 percent lower than the state, which accounted an average of $38,831. The average pay 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.

Floyd County Five-Year Industry Employment Change

Floyd County Five-Year Percentage Growth in Employment

The Other general merchandise stores industry has gone through the largest job growth by percent, increasing by 469.4 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Floyd County has expanded faster than the industry has grown in the State of Georgia, where this industry saw a gain of 340.2 percent. The Other general merchandise stores industry in Floyd County outpaced the nation in terms of industry employment growth . During this period, the nation gained 31.2 percent of the employment in this industry.

Top 5 Industries
1. Other general merchandise stores (469.4 percent gain)
2. Electronic equipment repair and maintenance (238.5 percent gain)
3. Motor vehicle and parts merchant wholesalers (175.2 percent gain)
4. Employment services (157.9 percent gain)
5. Electric goods merchant wholesalers (143.8 percent gain)

Floyd County Five-Year Percentage Decline in Employment

The Commercial machinery repair and maintenance industry has lost the largest amount of employment in terms of percentage, losing 96.6 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry sector has gone through in the Georgia, where the industry felt a gain of 9.1 percent. The losses in the Commercial machinery repair and maintenance industry in Floyd County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 9.6 percent in terms of employment in the Commercial machinery repair and maintenance industry.

Top 5 Industries
1. Commercial machinery repair and maintenance (96.6 percent decline)
2. Business support services (85 percent decline)
3. Drycleaning and laundry services (67.8 percent decline)
4. Management of companies and enterprises (64.8 percent decline)
5. Unclassified (63.8 percent decline)

The total number of jobs has increased by 6.9 percent from 2001 (2nd Quarter). These figures are greater than growth in the State of Georgia, which went through a gain of 3.3 percent since 2001 ( 2nd Quarter). The gains felt were greater than than the gain seen for the United States of 2.6 percent.

In Floyd County, Georgia, the aggregate employment for all industry sectors has increased by 2,310 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.

Total Five-Year Employment Growth in Floyd County

The Employment services industry has accounted the most employment growth with a total of 584 total jobs brought in during the period. The growth in the Employment services industry makes up 16.6 percent of the total employment growth in Floyd County.

Top 5 Industries
1. Employment services (584 new jobs)
2. Other general merchandise stores (512 new jobs)
3. Limited-service eating places (370 new jobs)
4. Services to buildings and dwellings (291 new jobs)
5. Offices of physicians (206 new jobs)

Total Five-Year Employment Decline in Floyd County

Given the industries in the area, the Department stores industry has lost the most employment with a total loss of 352 jobs during the time period. The jobs lost in the Department stores industry make up 12.2 percent of the total employment decline in Floyd County, Georgia.

Top 5 Industries
1. Department stores (352 jobs lost)
2. Management of companies and enterprises (242 jobs lost)
3. Machinery and supply merchant wholesalers (222 jobs lost)
4. Business support services (221 jobs lost)
5. Nonresidential building construction (218 jobs lost)

Of the 89 industries with industry data reported by the BLS in each quarter, 53 showed an escalation in the number employed, while 36 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.

Income and Poverty in Floyd County, Georgia

The rate of poverty in Floyd County, Georgia has increased by 6.9 percent since the amounts published in 2000, moving from 14.4 percent to 21.3 percent.

Contrasted against to other counties (or parishes) throughout the US, Floyd County, Georgia can be understood to have a medium-high poverty rate amid the residents with a poverty rate of 14.4 percent of the individuals existing in families with incomes under the poverty level in 1999. The American Indian and Alaska Native race/ethnicity population cohort, has the uppermost poverty rate with 52.4 percent of the 2000 residents living in poverty. People aged 5 years are witness to the most percent living in poverty in Floyd County, accounting 26.8 percent of this demographic group living with incomes under poverty.

The median household income has declined from the inflation-adjusted 2000 income levels. The income level has decreased to $35,980, representing a 13.7 percent decline. Floyd County, Georgia, in terms of percent of decline, ranks 7 of 26 counties in percent of decline for the household income level in the State of Georgia. Floyd County ranks 80 of 668 counties (or parishes) when comparing the decline in household income across the nation.

Compared to other counties (and parishes) throughout the nation, Floyd County was reported to have a medium-high median household income of $41,670 (Adjusted to 2005 Dollars). This is 19.1 percent lower than the median income in State of Georgia of $49,647 and the median household income is 17.9 percent lower 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 $62,010. This median is 48.8 percent greater than the reported median household income, in the area, for all households. The households that were headed by an American Indian and Alaska Native individual in Floyd County had a median income of $15,960, this median was 61.7 percent less than the median for all households. Black or African American headed households had a median household income that was 33.9 percent less than the total 2000 reported median, with a their median reported to be $27,558. Hispanic Householders in Floyd County, Georgia recorded a median income of $34,729, this median is 16.7 percent less than the areas median income level for all households. In Floyd County, Georgia White householders had a median household income (in 2005 Dollars) of $44,705 as reported by the Decennial Census of 2000, which was 7.3 percent greater than the median income in 2000.

While household income level experienced a decline in the last five year in Floyd County, Georgia, the Race/Ethnicity group that went through the most dramatic decline in household income was the American Indian and Alaska Native category. This category saw a decline of 4177217.3 percent since the year 2000. The Hispanic population category was least influenced by the median household income decline in Floyd County, experiencing a 4.9 percent decline in median income, since the values reported in the 2000 Decennial Census.

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

Higher Education in Floyd County, Georgia

In 2000, the Census reported that in Floyd County, Georgia, the largest educational attainment category for men is the High School Diploma category, with 34.2 percent reaching this education level. The female population in Floyd have attainment on average a lower level of higher education (Bachelors or Higher) than the men in the area: 16 percent (Men) versus 15.6 percent (Women). The largest educational attainment category for women is High School Diploma, with 32.4 percent of the female population achieving this education level.

From the year 2000, Floyd has decreased in the total percent of the over 25 population having a Bachelors Degree or Higher. This population group has declined by 0.8 percent to a total of 15 in 2005. According to the American Community Survey, the proporation of the population in 2005 with a BA or Higher is less than the 2005 State of Georgia percent of 27.2 and less than the average US percent of 27.2.

From 2000 to 2005, the percent of male population that is highly educated has increased by 0.6 percent. In the year 2005, 16.6 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 decreased by a total of 2.0 percent. By 2005, a total of 13.6 percent of the female population having received at least a Bachelors Degree.

Floyd County, Georgia may to understood as having a moderately-educated working age population, with 15.8 percent of the population over 25 years old having received at least a Bachelors Degree, according to the Decennial Census of 2000. Floyd has a lower percent of population with high education level than the State of Georgia's proportion of 24.2 percent and a lower percent than United States proportion of 24.4 percent.

In Floyd County, Georgia as reported in the 2000 Census, 17.6 percent of the White Alone, 4.4 percent of Black or African American, 29 percent of the Asian alone and 5.8 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.

Demographic Profile for Floyd County, Georgia

In 2005, the Census Bureau estimated the median age in Floyd County, Georgia to be 35.7 years old. The median in Floyd is greater than the median age in the State of Georgia of 34.3. Since the year 2000, the area has witnessed no change in this median, when at that time it was 35.7 years old. With 24.7 percent of the population in 2005 being comprised of children and youth younger than 18, Floyd can be understood as being made up of a medium-high percent of people under 18. The 18 to 64 years old population group has a medium-low presence of the population, with 61.5 percent of the population makes up this age category. The retirement (65 and over) age group comprises 13.8 percent of the population in the area. When compared to other counties throughout the United States, this represents a medium-low proportion of the area population base.

Floyd County, Georgia had a total estimated population of 94,198 in 2005. The estimated population has increased, since its 2000 population of 90,812. This growth shows an increase of 3.7 percent. Floyd ranks 40 of 159 counties when analyzing total population change in Georgia and the county ranks 637 of 3,141 counties when calculating the total change in county population across the US.

In terms of total land area, Floyd extends a total area of 513 square miles. The county has a medium-low average population density of 184 persons per square mile, in 2005. Other US counties with similar densities include: -- more densely populated -- Calhoun, AL (184 per sq. mile ), LaPorte, IN (185 per sq. mile ), Johnston, NC (185 per sq. mile ), -- less densely populated -- Hays, TX (184 per sq. mile ), Yolo, CA (183 per sq. mile ), Marion, WV (182 per sq. mile ).

Floyd County, Georgia has a population that is made up of 77.1 percent White, 13.6 percent African American, 1.3 percent Asian, and 7 percent Hispanic. This area can be considered to have a high amount of racial and ethnic diversity, with 21.9 percent of the population being minorities. This is less than the State of Georgia percent of 39.2. Since 2000, Floyd has increased the percent of minority makeup when 19.8 percent of the population was made up of minorities.

Since the year 2000, a high amount of people migrated to Floyd from outside the country. The immigration into Floyd makes up 0.7 percent of the total migration into the State of Georgia. This amount of international migration is high when comparing levels of immigration per population in 2005.

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

Housing Report for Floyd County, Georgia

In Floyd County, the real estate market was made up of 39,020 housing structures in 2005. The area has seen growth in housing units, adding all together 1,915 residential structures since 2001, a change of 5.2 percent.

The residential real estate values in Floyd County, Georgia have moderate increases from the housing values in 2000. The residential values have increased by $20,800, or 24.9 percent, from when in 2000 they were valued at $83,500.

Floyd County had an owner-occupied dwelling median in 2005 of $104,300, according to the American Community Survey. This median is less than the overall State of Georgia 2005 median home value of $147,500 and less than median owner-occupied dwelling value of $167,500 across the nation during that year.

There is a large amount of real estate that is affordable in Floyd County, Georgia. In 2005, 58.5 percent of owner-occupied dwellings were valued under $125k.

Throughout the State of Georgia, Floyd County is positioned 70 of 159 in terms of percentage growth in new housing structures. The county ranks 813 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

Floyd County is made up of a medium proportion of residential real estate that is high priced. In 2005, the American Community Survey counted that 2.9 percent of the houses are valued over a half a million dollars.

Data Source: U.S. Census Bureau

Employment Report for Floyd County, Georgia -- Annual 2005 Industry Summary

Administrative and waste services has had the highest level of job growth from 2001-2005 in Floyd County, with an employment growth of 47.3 percent. This is greater than the United States change in the sector jobs of 4.5 percent. The State of Georgia had an industry job change of 12.7 percent, since the year 2001.

Utilities is the industry with the largest establishments in Floyd County. The industry averages 85 jobs per establishment, which is greater than the industry's national average of 34 and greater than the State of Georgia typical size of 45 for the Utilities industry.

Other services, except public administration saw the largest loss of employment between the years 2001-2005 in Floyd County. The industry was hit with a loss of 346 employees during the period, or 28.7 percent of the employment in the industry. This made up a total of 30.4 percent of the total loss in employment during the period.

In Floyd County, Manufacturing, Health care and social assistance, and the Retail Trade industries have the largest percent of jobs of all industries. The Manufacturing is the major employer in the county making up 26.2 percent of the total county employment. This totals 9,284 people employed. The Health care and social assistance and Retail Trade sectors provide 18.2 and 13.4 percent of the total jobs, respectively.

In Floyd County, Utilities, Manufacturing and Educational services industries have the highest United States location quotient (LQ). The Utilities industry has an LQ of 2.41. The level of employment in the Utilities industry is 2.41 times more than the average percent in the United States, revealing signs that Floyd may be an exporter of products or services of Utilities.

Floyd County is ranked at 18 of 160 Counties throughout the State of Georgia in terms of total 2005 employment. The County’s employment ranking has moved up from the year 2001, at which time the County was ranked 15 of 160 Counties.





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