Lake County, Indiana

In Lake County, jobs in the petroleum and coal products manufacturing pay the highest wages

2007-03-21T05:34:00.000-07:00

(Click Image to Enlarge Graph)

People with jobs in the petroleum and coal products manufacturing industry had the highest average wages in Lake County for the 2nd quarter of 2006. The average worker in the industry in Lake County earned an annual wage of $92,449 in 2006. The annual wage is greater than the average industry wage in the State of Indiana of $74,899 and greater than then the pay for jobs in this industry in the United States of $82,200.

High-wage employment in Lake County, Indiana can be found in securities and commodity contracts brokerage ($86,362), other pipeline transportation ($78,087), iron and steel mills and ferroalloy mfg. ($77,826) and chemical merchant wholesalers ($67,136) industries. Note: Clicking the Above Graphic Displays the Detailed 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.

Lake County Wages have increased by 15.5% Since 2001

2007-03-09T06:37:00.000-08:00

(Click Image to Enlarge Graph)

Since 2001, industry wages increased in Lake County, Indiana by a total of 15.5%. This is greater than the growth in wages for the State of Indiana and less 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.

Lake County Industry Wages Exceed Indiana, but Wages Lag Behind the United States

2007-02-27T16:54:00.000-08:00

(Click Image to Enlarge Graph)

Wages in all industries in Lake County, Indiana when analyzed can be described as relatively high when analyzed with other Counties in the state. The overall wages are 1.9 percent higher than the state, which was reported to be $35,468. The average pay was less than the overall average in the United States 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

2007-02-23T22:41:00.000-08:00

In Lake County, Indiana, the total number of workers for all sectors has decreased by 2,096 jobs from mid-2001 to mid-2006.

Total Five-Year Employment Growth in Lake County

The Offices of physicians industry has brought the most jobs with a total of 1,039 new jobs created in the period. The job growth in the Offices of physicians industry makes up 9.0 percent of the total number of new jobs in Lake County.

Top 5 Industries
1. Offices of physicians (1,039 new jobs)
2. Medical and diagnostic laboratories (699 new jobs)
3. Full-service restaurants (653 new jobs)
4. Limited-service eating places (620 new jobs)
5. General freight trucking (534 new jobs)

Total Five-Year Employment Decline in Lake County

The Iron and steel mills and ferroalloy mfg. industry witnessed the largest drop in employment, losing a total of 5,762 jobs. The declines in the Iron and steel mills and ferroalloy mfg. industry make up 41.0 percent of the total job loss in Lake County, Indiana.

Top 5 Industries
1. Iron and steel mills and ferroalloy mfg. (5,762 jobs lost)
2. Gambling industries (1,063 jobs lost)
3. Gasoline stations (723 jobs lost)
4. Metal and mineral merchant wholesalers (498 jobs lost)
5. Business support services (422 jobs lost)

Out of the 151 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 69 reported job growth in the duration of the last five years and 82 industries reported employment loss in the period.

Lake County Five-Year Percentage Growth in Employment

The Medical and diagnostic laboratories industry has seen the largest percentage job growth, expanding by 1023.4 percent from 2001 to 2006. This industry in Lake County has expanded faster than the industry job growth experienced in Indiana, where this industry saw a gain of 11 percent. The Medical and diagnostic laboratories industry in Lake County outpaced the nation in terms of industry employment growth . During this period, the nation gained 20.3 percent in this industry.

Top 5 Industries
1. Medical and diagnostic laboratories (1023.4 percent gain)
2. Social advocacy organizations (271.4 percent gain)
3. Unclassified (257.1 percent gain)
4. Furniture and furnishing merchant wholesalers (167.8 percent gain)
5. Motor vehicle parts manufacturing (155.8 percent gain)

Lake County Five-Year Percentage Decline in Employment

The Data processing and related services industry has seen the largest percentage drop in employment, losing 91.3 percent from 2001 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry sector has gone through in the Indiana, where the industry reported a loss of 26.6 percent. The losses in the Data processing and related services industry in Lake County outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 16.8 percent in terms of employees in the Data processing and related services industry.

Top 5 Industries
1. Data processing and related services (91.3 percent decline)
2. Metalworking machinery manufacturing (63.1 percent decline)
3. Office furniture and fixtures manufacturing (60.4 percent decline)
4. Other personal services (54.9 percent decline)
5. Misc. nondurable goods merchant wholesalers (49.2 percent decline)

The total number of jobs has decreased by 1.2 percent since the 2nd Quarter of 2001. This is greater than percent in the State of Indiana, which saw a loss of -0.2 percent from 2001 (2nd Quarter). The losses 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

2007-01-22T03:37:00.000-08:00

Total One-Year Employment Decline in Lake County

From of the area's 4-digit NAICS industries, the Employment services industry faced the greatest employment loss with a total loss of 1,096 jobs. The declines in the Employment services industry make up 20.9 percent of the total employment decline in Lake County, Indiana.

Top 5 Industries
1. Employment services (1,096 jobs lost)
2. Business support services (523 jobs lost)
3. Office furniture and fixtures manufacturing (417 jobs lost)
4. Gambling industries (388 jobs lost)
5. Nonresidential building construction (273 jobs lost)

Total One-Year Employment Growth in Lake County

From the industries (4-digit NAICS) in the area, the Motor vehicle parts manufacturing industry has brought the most jobs with a total of 376 jobs added during the time period. These new jobs in the Motor vehicle parts manufacturing industry makes up 7.9 percent of the total number of new jobs in Lake County.

Top 5 Industries
1. Motor vehicle parts manufacturing (376 new jobs)
2. Limited-service eating places (376 new jobs)
3. Medical and diagnostic laboratories (337 new jobs)
4. Grocery stores (313 new jobs)
5. Clothing stores (260 new jobs)

Given the 165 industries with industry data reported by the BLS in each quarter, 77 reported job growth in the duration of the year and 86 industry sectors accounting for employment declines during that time period.

In Lake County, Indiana, the entire sum of jobs in all industries overall has increased by 285 jobs from mid-2005 to mid-2006.

Lake County One-Year Percentage Growth in Employment

The Motor vehicle parts manufacturing industry has experienced the largest percentage growth, expanding by 218.2 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Lake County has added employment faster than the industry job growth experienced in Indiana, where the industry took a loss of 4.4 percent. The Motor vehicle parts manufacturing industry in Lake County outpaced the US in terms of percent growth of industry employment. During this period, the US lost 3.9 percent in this industry.

Top 5 Industries
1. Motor vehicle parts manufacturing (218.2 percent gain)
2. Educational support services (213.2 percent gain)
3. Other financial investment activities (97.2 percent gain)
4. Medical and diagnostic laboratories (78.1 percent gain)
5. Oilseed and grain farming (56.0 percent gain)

Total industry employment has increased by 0.2 percent from 2005 (2nd Quarter). These figures are less than percent in the State of Indiana, experiencing a gain of 0.8 percent since the 2nd Quarter of 2005. The gains the area experienced were less than than the gain reported at the US level of 2.0 percent.

Lake County One-Year Percentage Decline in Employment

The Office furniture and fixtures manufacturing industry has lost the biggest percent of jobs, losing 72.5 percent from 2005 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has experienced in the State of Indiana, where the industry felt a gain of 1.9 percent. The losses in the Office furniture and fixtures manufacturing industry in Lake County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 0.7 in percent of workers in the Office furniture and fixtures manufacturing industry.

Top 5 Industries
1. Office furniture and fixtures manufacturing (72.5 percent decline)
2. Employment services (35 percent decline)
3. Electronic shopping and mail-order houses (34.2 percent decline)
4. Misc. nondurable goods merchant wholesalers (34 percent decline)
5. Business support services (29.1 percent decline)

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, Indiana

2007-01-10T21:14:00.000-08:00

Compared to other counties (and parishes) throughout the nation, Lake County had a relatively high median household income of $48,940 (Adjusted to 2005 Dollars). This is 0.6 percent higher than the median in State of Indiana of $48,633 and the income level is 0.4 percent lower than the median for the rest of the nation, which is a reported $49,133.

The median household income has declined from the values (adjusted for inflation) in 2000. The median has decreased to $42,420, representing a 13.3 percent decline. Lake County, Indiana, in terms of percent of decline, ranks 6 of 24 counties in percent of decline for median household income in the State of Indiana. Lake County ranks 93 of 668 counties (or parishes) when analyzing the decline in median income in the US.

While household income level experienced a decline from 2000 to 2005 in Lake County, Indiana, the Race/Ethnicity group that went through the most dramatic decline in median household income was the Black or African American Race/Ethnicity category. This group experienced a decline of 20.8 percent since the year 2000. The White population category was least influenced by the median household income decline in Lake County, experiencing a 10 percent decline in household income, since the reported levels in 2000.

The poverty rate in Lake County, Indiana has increased by 4.2 percent since the 2000 rates, moving from 12.2 percent to 16.4 percent.

In Lake County, Indiana White headed households reported a median household income (2005 Dollars) of $55,334 as reported in 2000 by the census, which was 13.1 percent greater than the median in 2000. The American Indian and Alaska Native householders in Lake County reported an income level of $51,675, this median was 5.6 percent greater than the median level for total households in the area. Black or African American headed households had a median household income that was 32.2 percent less than the overall reported level in 2000, with a reported median of $33,184. The Asian householders in the area have reported their median household incomes at $73,549. This median is 50.3 percent greater than the reported median household income for all households in the area. Hispanic headed households in Lake County, Indiana reported a median household income of $46,827, which is 4.3 percent less than the median reported for all households in the area.

When compared to other counties (or parishes) across the United States, Lake County, Indiana can be recognized as having a medium-low poverty rate amongst the population, with a poverty rate of 12.2 percent of the individuals existing in families with incomes under the poverty level in 1999. The Black or African American race/ethnicity demographic group, represents the largest rate of poverty with 25.6 percent of the 2000 residents living in poverty. People aged 5 years have the largest percent of population in poverty in Lake County, with 23 percent of this demographic group living with incomes under poverty.

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

Higher Education in Lake County, Indiana

2006-12-18T17:52:00.000-08:00

Lake County, Indiana has a moderately-educated population, with 16.2 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 population with high education level than the State of Indiana's proportion of 19.4 percent and a lower percent than United States proportion of 24.4 percent.

The 2000 Decennial Census reported that in Lake County, Indiana, a high proportion of the male population in the area have reached the High School Diploma category, with 37.2 percent receiving this level of education. The women in Lake have on average achieved a lower level of higher education (Bachelors Degree or Higher) than the male population-- 17 percent (Men) versus 15.6 percent (Women). The most common level of education for women in the area is High School Diploma, with 37.4 percent of the female population achieving this education level.

In Lake County, Indiana according the 2000 Decennial Census, 18 percent of the White Alone, 10.8 percent of Black or African American, 61 percent of the Asian alone and 8.6 percent of the Hispanic or Latino (+25) has achieved at least a Bachelors Degree.

From 2000, Lake has increased in the population percent with a Bachelors of Higher. This population percent has grown by 1.2 percent to a total of 17.4 in 2005, according to the American Community Survey. The 2005 proportion of highly educated population is less than the 2005 State of Indiana percent of 21.2 and less than the US percent of 27.2.

From 2000 to 2005, the percent of male population that is highly educated has increased by 1.4 percent. In the year 2005, 18.4 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 0.8 percent. By 2005, a total of 16.4 percent of the total female population achieved this high level of education.

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

Demographic Profile for Lake County, Indiana

2006-11-27T12:41:00.000-08:00

Lake County, Indiana has a population base that is comprised of 58.6 percent White, 25.6 percent African American, 0.9 percent Asian, and 13.7 percent Hispanic. The population mix can be considered to have a very high amount of racial and ethnic diversity, with 40.2 percent minorities. This is greater than the State of Indiana percent of 14.4. Since 2000, Lake has increased the percent of minority makeup when 38.3 percent of the population were minorities.

In 2005, the Census Bureau estimated the median age in Lake County, Indiana to be 36.7 years of age. The median in Lake is greater than the median in Indiana of 36.1. From 2000, the area has seen an increase in this median, when at that time it was 36.0 years of age. With 26.5 percent of the 2005 population being comprised of individuals under the age of 18, Lake 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 representation within the population, making up 60.6 percent of the population within the age group. People 65 and older make up 12.9 percent of the total population base. Compared to other counties throughout the nation, this represents a medium-low proportion of the area population base.

In terms of total land area, Lake spans a total of 497 total square miles. The area has a high average population density of 993 persons per square mile. Other counties with similar densities in the US include: -- more densely populated -- Tulsa, OK (1,003 per sq. mile ), Kent, RI (1,008 per sq. mile ), Lake, OH (1,019 per sq. mile ), -- less densely populated -- Bristol, MA (983 per sq. mile ), Oklahoma, OK (965 per sq. mile ), Lehigh, PA (953 per sq. mile ).

Estimated since the year 2000, a medium-high number of individuals have migrated to Lake from another country. The international migration into Lake totals 6 percent of the total international migration into the State of Indiana. This amount of international migration is medium-high when compared to international migration per 2005 population.

Lake County, Indiana had an estimated population of 493,297 for the year 2005. The total population has increased, from the population in the year 2000 of 484,675. This growth represents an increase of 1.8 percent. Lake ranks 7 of 92 counties when analyzing total population change in Indiana and the county ranks 353 of 3,141 counties by growth in county population in the United States.

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

Housing Report for Lake County, Indiana

2006-11-10T18:54:00.000-08:00

The residential home values in Lake County, Indiana have moderate increases from the housing values in 2000. The residential values have increased by $22,300, or 22.9 percent, from when in 2000 they were valued at $97,500.

Lake County recorded median owner-occupied home value in the year 2005 of $119,800, according to the American Community Survey. This median is greater than the State of Indiana 2005 median owner-occupied dwelling value of $114,400 and less than median home value of $167,500 across the United States during the same year.

In Lake County, the real estate market was made up of 205,293 housing structures in 2005. The area has seen growth in housing units, adding in all 8,293 residential structures since 2001, a change of 4.2 percent.

Lake County is made up of a medium percentage of high-priced residential real estate. In 2005, the American Community Survey counted that 1.2 percent residential property is valued over $500k.

In the State of Indiana, Lake County places 38 of 92 by percent in growth of new residential structures. The county places 1,010 of 3,141, in terms of residential real estate percentage change change in the United States.

According to the data, there is a large amount of affordable housing in Lake County, Indiana. In 2005, 53.1 percent of housing was valued under $125k.

Data Source: U.S. Census Bureau

Employment Report for Lake County, Indiana -- Annu...

2006-10-29T16:12:00.000-08:00

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

Educational services saw the biggest increase in jobs since the year 2001 in Lake County, rising by 22.9 percent. This is greater than the change in industry employment in the United States of 13.8 percent. The State of Indiana faced a industry job change of 14.4 percent, in the duration of 2001 to 2005.

In Lake County, Arts, entertainment, and recreation, Utilities and Health care and social assistance industries, in terms of United States location quotient, are the most dominant in the region. The Arts, entertainment, and recreation sector has a United State LQ of 2.68. The level of employment in the Arts, entertainment, and recreation industry is 2.68 times greater than the US average, showing signs that Lake specializes in Arts, entertainment, and recreation.

Manufacturing since the year 2001 was faced with the largest loss in employment in Lake County. The industry was hit with a loss of 5,689 total jobs during the period, accounting for 17.8 percent of jobs in the industry. The losses in this industry made up 67.3 percent of the total loss in employment during the period.

Utilities has a largest number of employee per establishment in Lake County. The industry averages 107 jobs per establishment, which is greater than the industry's national average of 34 and greater than the Indiana typical size of 32 for the Utilities industry.

In Lake County, Health care and social assistance, Manufacturing, and the Retail Trade sectors are the largest industries, in terms of total number of jobs in 2005. The Health care and social assistance produces the largest number of jobs in the area accounting for 16.9 percent of total employment in the county, making up 28,014 people employed. The Manufacturing and Retail Trade industries make up 15.9 and 15.3 percent of industry employment.

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