Wednesday, March 21, 2007

In Madison County, jobs in the electronic markets and agents and brokers pay the highest wages


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Employment in the electronic markets and agents and brokers industry wages were the highest in Madison County for 2006. The average industry job in Madison County earned an annual wage of $87,533 in 2006. The annual wage is greater than the industry pay the State of Indiana of $47,291 and greater than then the pay for jobs in this industry across the nation of $67,074.

Other top-pay jobs in Madison County, Indiana may be found in management of companies and enterprises ($71,209), scientific research and development services ($65,442), computer systems design and related services ($63,951) and offices of physicians ($63,728) 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

Madison County Wages have increased by 6.3% Since 2001


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Since 2001, industry wages increased in Madison County, Indiana by a total of 6.3%. This is less than the growth in wages for the State of Indiana and less than the growth in industry wages across 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

Madison County Industry Wages Lag Behind Indiana, and Wages Lag Behind the United States


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The average total wages in all industries in Madison County, Indiana can be described as medium-high when analyzed with other Counties in the state. The overall wages are 13.8 percent lower than the with an state average of $35,468. The industry 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.

Friday, February 23, 2007

Madison County Five-Year Industry Employment Change

Madison County Five-Year Percentage Decline in Employment

The Insurance carriers industry has lost the largest percent of jobs, losing 74 percent of the jobs from 2001 to 2006. These have declined faster than the industry sector has gone through in the Indiana, where the it saw a loss of 15.6 percent. The losses in the Insurance carriers industry in Madison County outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 3.3 in percent of jobs in the Insurance carriers industry.

Top 5 Industries
1. Insurance carriers (74 percent decline)
2. Advertising and related services (71.1 percent decline)
3. Drycleaning and laundry services (64.8 percent decline)
4. Computer systems design and related services (57 percent decline)
5. Home furnishings stores (56 percent decline)

Total employment has decreased by 10 percent since the 2nd Quarter figures of 2001. This change is greater than percent in Indiana, which went through a loss of -0.2 percent since the 2nd Quarter of 2001. The losses were greater than than the gain seen for the United States of 2.6 percent.

Madison County Five-Year Percentage Growth in Employment

The Commercial equip. merchant wholesalers industry has seen the largest percentage job growth, expanding by 113.0 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Madison County has expanded faster than the industry has grown in the State of Indiana, where it saw a gain of 3.6 percent. The Commercial equip. merchant wholesalers industry in Madison County outpaced the national average, which felt a lost 7.2 percent.

Top 5 Industries
1. Commercial equip. merchant wholesalers (113.0 percent gain)
2. Specialized freight trucking (112.3 percent gain)
3. Management and technical consulting services (105.9 percent gain)
4. Grocery and Related Product Wholesalers (90.4 percent gain)
5. Personal care services (85.1 percent gain)

Total Five-Year Employment Growth in Madison County

Out of the 4-digit NAICS industries, the Specialized freight trucking industry has accounted the most employment growth with a total of 305 employees finding new jobs in the industry. The employment growth in the Specialized freight trucking industry makes up 19.6 percent of the total employment growth in Madison County.

Top 5 Industries
1. Specialized freight trucking (305 new jobs)
2. Employment services (256 new jobs)
3. Grocery and Related Product Wholesalers (138 new jobs)
4. Personal care services (107 new jobs)
5. Management of companies and enterprises (99 new jobs)

Of the 93 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 60 accounted an for increase in employment during the period and 31 industries reported employment loss in the period.

Total Five-Year Employment Decline in Madison County

Given the industries in the area, the Department stores industry has lost the most employment with a total loss of 191 jobs. The declines in the Department stores industry make up 7.3 percent of the total job loss in Madison County, Indiana.

Top 5 Industries
1. Department stores (191 jobs lost)
2. Grocery stores (185 jobs lost)
3. Drycleaning and laundry services (126 jobs lost)
4. Automobile dealers (123 jobs lost)
5. Other general merchandise stores (122 jobs lost)

In Madison County, Indiana, the aggregate employment for all industry sectors has decreased by 3,877 jobs from mid-2001 to mid-2006.





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

Madison County One-Year Industry Employment Change

Total One-Year Employment Decline in Madison County

Of the area's industries (4-digit NAICS), the Offices of physicians industry experienced most substantial job loss, losing 180 jobs in that time period. The declines in the Offices of physicians industry make up 14.2 percent of the total employment decline in Madison County, Indiana.

Top 5 Industries
1. Offices of physicians (180 jobs lost)
2. Drycleaning and laundry services (88 jobs lost)
3. Activities related to credit intermediation (81 jobs lost)
4. Lessors of real estate (67 jobs lost)
5. Management of companies and enterprises (59 jobs lost)

Total One-Year Employment Growth in Madison County

From the industries (4-digit NAICS) in the area, the Coating, engraving, and heat treating metals industry has brought the most jobs with a total of 108 total jobs brought in during the period. The growth in the Coating, engraving, and heat treating metals industry makes up 13.5 percent of the total number of new jobs in Madison County.

Top 5 Industries
1. Coating, engraving, and heat treating metals (108 new jobs)
2. Nursing care facilities (77 new jobs)
3. Clothing stores (62 new jobs)
4. Limited-service eating places (58 new jobs)
5. Specialized freight trucking (54 new jobs)

In Madison County, Indiana, the total number of workers for all sectors has decreased by 1,228 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Out of the 105 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 57 described an expansion of jobs throughout the time period, while 47 industries reported a drop in employment.

Madison County One-Year Percentage Decline in Employment

The Drycleaning and laundry services industry has seen the largest percentage drop in employment, losing 56.3 percent of the jobs from 2005 to 2006. These have declined faster than the industry sector has gone through in the Indiana, where the industry felt a loss of 3.1 percent. The losses in the Drycleaning and laundry services industry in Madison County outpaced the United States industry losses overall. During this period, the United States lost 2 percent in terms of employment in the Drycleaning and laundry services industry.

Top 5 Industries
1. Drycleaning and laundry services (56.3 percent decline)
2. Individual and family services (54.7 percent decline)
3. Unclassified (50 percent decline)
4. Home furnishings stores (38.4 percent decline)
5. Private households (36.6 percent decline)

Madison County One-Year Percentage Growth in Employment

The Clothing stores industry has experienced the largest percentage growth, expanding by 132.1 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Madison County has grow faster than the overall industry growth seen in the State of Indiana, where the industry took a gain of 2.2 percent. The Clothing stores industry in Madison County outpaced the nation in terms of industry employment growth . During this period, the nation gained 2.1 percent of the industry employment.

Top 5 Industries
1. Clothing stores (132.1 percent gain)
2. Coating, engraving, and heat treating metals (86.8 percent gain)
3. Other ambulatory health care services (50.3 percent gain)
4. Sporting goods and musical instrument stores (34.4 percent gain)
5. Other support services (29.9 percent gain)

Total employment has decreased by 3.4 percent from 2005 (2nd Quarter). These figures are greater than growth in the State of Indiana, which went through a gain of 0.8 percent from 2005 (2nd Quarter). The losses the area experienced were greater than than the gain seen for the United States of 2.0 percent.





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 Madison County, Indiana

Contrasted against to other counties (or parishes) throughout the US, Madison County, Indiana can be understood to have a poverty rate amongst the population, with a poverty rate of 9.3 percent of people living in a family with an income below the poverty level in 1999. The American Indian and Alaska Native race/ethnicity demographic category, owns the foremost rate of poverty with 32.7 percent of the people in 2000 living in poverty. The population that is aged 5 years have the most percent of people living in poverty in Madison County, reporting 15.9 percent of this demographic group living with incomes under poverty.

The poverty rate in Madison County, Indiana has increased by 1.5 percent from the rates reported in the Decennial Census, moving from 9.3 percent to 10.8 percent.

Black or African American headed households had a median household income that was 27.8 percent less than the total 2000 reported median, with a their median reported to be $32,892. Hispanic headed households in Madison County, Indiana , according to the 2000 census, had a median household income of $45,803, which is 0.6 percent greater than the reported median household income for all households in the area. According to the 2000 Census, the Asian headed households in the area have median household incomes of $41,316. This income level is 9.3 percent less than the reported median for all households in the area. In Madison County, Indiana White householders had a median household income (in 2005 Dollars) of $46,502 as reported by the Decennial Census of 2000, which was 2.1 percent greater than the median income in 2000. The American Indian and Alaska Native headed households in Madison County reported a median household income of $31,510, which was 30.8 percent less than the median for all households.

When compared to other counties (and parishes) throughout the United States, Madison County reported a medium-high median household income of $45,542 (Adjusted to 2005 Dollars). This figure is 6.8 percent lower than the median in State of Indiana of $48,633 and the median household income is 7.9 percent lower than the median in the US, which is $49,133.

The median household income in the area has declined from the values (adjusted for inflation) in 2000. The median has decreased to $40,050, which represents a 12.1 percent decline. Madison County, Indiana, when analyzing percentage of decline, ranks 8 of 24 counties in percent of decline for income levels in the State of Indiana. Madison County ranks 131 of 668 counties (or parishes) when analyzing the decline in median household income in the United States.

As the median household income witnessed a decline during the period of 2000 to 2005 in Madison County, Indiana, the Race/Ethnicity group that experienced the largest decline in the household income level was the Black or African American Race/Ethnicity category. This category went through a decline of 47.4 percent from 2000 to 2005. The White population group was least impacted by the household income decline in Madison County, experiencing a 10.2 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.

Monday, December 18, 2006

Higher Education in Madison County, Indiana

In 2000, the Census reported that in Madison County, Indiana, many men in the area have reached the High School Diploma category, with 39.8 percent reaching this education level. The female population in Madison have achieved a lower level of higher education (Bachelors or Higher) than the men in the area: 14.8 percent (Men) versus 14 percent (Women). Many of the women in the area achieving a High School Diploma, with 40.2 percent of the women population in the area achieving this level of education.

From 2000, Madison has increased in the population percent with a Bachelors of Higher. This population percent has grown by 3.2 percent to a total of 17.6 in 2005. The American Community Survey reports that the proporation of the 2005 population that is highly educated is less than the State of Indiana percent of 21.2 and less than the average US percent of 27.2.

In Madison County, Indiana as reported in the Census of the year 2000, 15 percent of the White Alone, 8.4 percent of Black or African American, 14.8 percent of the Asian alone and 11.6 percent of the Hispanic or Latino population, over the age 25, has achieved at least a Bachelors Degree.

Madison County, Indiana has a moderately-educated working age population, with 14.4 percent of the population over 25 years old having received at least a Bachelors Degree, according to the Decennial Census of 2000. Madison is reported having a lower percent of the population with at least a Bachelors than the State of Indiana's proportion of 19.4 percent and a lower percent than the national average of 24.4 percent.

From 2000 to 2005, the percent of the male population that can be considered highly educated has increased by 5.0 percent. By the year 2005, 20 percent of area's male population (+25) achieved a BA or Higher. During the same period, the percent of women (+25) that have earned a BA or higher has increased by a total of 1.6 percent. By the year 2005, a total of 15.6 percent of the women in the population had received a Bachelors Degree or Higher.

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

Monday, November 27, 2006

Demographic Profile for Madison County, Indiana

By measuring total land area, Madison encompasses a total area of 452 total square miles. The area has a medium-high density of 288 persons per square mile. Other counties with similar densities in the US include: -- more densely populated -- Polk, FL (290 per sq. mile ), Hampshire, MA (290 per sq. mile ), Lake, FL (291 per sq. mile ), -- less densely populated -- Hinds, MS (287 per sq. mile ), DeSoto, MS (287 per sq. mile ), Caddo, LA (285 per sq. mile ).

Madison County, Indiana had a population that was estimated at 130,412 in the year 2005. The population has decreased, from the population in the year 2000 of 133,299. The decline shows a decrease of -2.2 percent. Madison ranks 91 of 92 counties when analyzing total population change in Indiana and the county ranks 3,091 of 3,141 counties when calculating the total change in county population across the US.

Madison County, Indiana has a population that is made up of 88.4 percent White, 8.1 percent African American, 0.4 percent Asian, and 2 percent Hispanic. This area can be considered to have a modest amount of racial and ethnic diversity, with 10.5 percent of the population made up of minorities. This is less than the State of Indiana percent of 14.4. Since 2000, Madison has increased the percent of minority population when 9.7 percent of the population were minorities.

Estimated since the year 2000, a medium-low amount of people have migrated to Madison from another country. The international migration into Madison totals 0.8 percent of immigration into the State of Indiana. This percent of immigration can be considered medium-low when comparing levels of immigration per population in 2005.

In the year 2005, the population division of U.S. Census Bureau estimates the median age in Madison County, Indiana to be 38.9 years old. The median age in Madison is greater than the median age for the State of Indiana of 36.1. Since 2000, the area has experienced an increase in the median, when the median age was 37.5 years of age. With a total of 23.6 percent of the population in the year 2005 being made up of individuals less than 18 years old, Madison can be understood as having a medium-high proportion of youths. The 18 to 64 years old population group has a medium-low representation within the population, making up 61.2 percent of the population falling in this age category. The retirement (65 and over) group makes up 15.2 percent of the population in the area. When compared to other counties throughout the United States, this represents a medium-high percent of the population.

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

Friday, November 10, 2006

Housing Report for Madison County, Indiana

In Madison County, the U.S. Census Bureau, Population Division accounted for a total of 58,837 housing structures in 2005. The area has seen growth in housing units, adding a sum of 1,473 residential units since 2001, or 2.6 percent.

The residential home values in Madison County, Indiana have moderate increases since their reported values in 2000. The values have increased by $16,000, or 19.6 percent, since their values in that year of $81,600.

Madison County recorded median owner-occupied home value in the year 2005 of $97,600, according to the American Community Survey. This median is less than the overall Indiana 2005 median owner-occupied dwelling value of $114,400 and less than median home value of $167,500 for the rest of the nation in that year.

Madison County has a small, but present proportion of high-valued homes. In 2005, the American Community Survey accounted that 0.3 percent of the homes were valued over $500,000.

In the State of Indiana, Madison County places 71 of 92 in terms of percentage growth in new housing structures. The county ranks 1,582 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

There seems to be a large amount of real estate that is affordable in Madison County, Indiana. In 2005, 70.5 percent of the homes were valued under $125,000.

Data Source: U.S. Census Bureau

Sunday, October 29, 2006

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

The Manufacturing industry has decreased the most in industries presence in Madison County, from the year 2001 to 2005, accounting for 25.2 percent of total jobs in the year 2001 to 18.2 percent of total employment in the year 2005.

In Madison County, Health care and social assistance, Manufacturing, and the Retail Trade 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 18.9 percent of the total county employment. This totals 6,750 individuals. The Manufacturing and Retail Trade industries make up 18.2 and 15.5 percent of total employment, respectively.

Manufacturing saw the largest loss of employment between the years 2001-2005 in Madison County. The industry lost a total of 3,106 employees during the period, or 32.3 percent of industry's employment. The industry declines made up 71.7 percent of the total loss in employment during the period.

Manufacturing has the largest businesses in Madison County. The industry averages 51 employees per business. This is greater than the industry's national average of 39 and less than the State of Indiana establishments size average of 63 for the Manufacturing industry.

In Madison County, Health care and social assistance, Manufacturing and Arts, entertainment, and recreation industries have the highest United States location quotient (LQ). The Health care and social assistance sector in the county has a location quotient of 1.46. The percent of employment in the Health care and social assistance industry is 1.46 times more than the average percent in the United States, revealing signs that Madison County may specialize, or be an exporter of Health care and social assistance.

Management of companies and enterprises from 2001-2005 had the highest increase in employment in Madison County, changing a total of 130.5 percent. This is greater than the change of total jobs in the industry for the United States of 1.6 percent. The State of Indiana felt a shift in employment in the industry of -0.8 percent, in the last 5 years.





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

 

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