Wednesday, March 21, 2007

In Nantucket County, jobs in the insurance agencies, brokerages, and related pay the highest wages


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Individuals that are employed in the insurance agencies, brokerages, and related industry had the highest average wages in Nantucket County for 2006. The average worker in the industry in Nantucket County was paid an annual wage of $140,211 in 2006. The average wage is greater than the industry wage rate in Massachusetts of $64,696 and greater than then the pay for jobs in this industry across the nation of $54,074.

Other high-paying jobs in Nantucket County, Massachusetts exsists in management and technical consulting services ($73,717), other specialty trade contractors ($63,276), other motor vehicle dealers ($62,680) and legal services ($61,855) 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.

Friday, March 09, 2007

Nantucket County Wages have increased by 12.2% Since 2001


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Industry wages, from 2001 to 2006, have increased in Nantucket County, Massachusetts by a total of 12.2%. This is less than the growth in industry wages for the State of Massachusetts 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.

Tuesday, February 27, 2007

Nantucket County Industry Wages Lag Behind Massachusetts, and Wages Lag Behind the United States


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Wages in all industries in Nantucket County, Massachusetts when analyzed can be described as relatively high when compared to other 2nd quarter of 2006 County wages throughout the state. The average pay is 21.5 percent lower than the state, which accounted an average of $49,785. 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.

Saturday, February 24, 2007

Nantucket County Five-Year Industry Employment Change

Nantucket County Five-Year Percentage Growth in Employment

The Health and personal care stores industry has gone through the largest job growth by percent, increasing by 161.0 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Nantucket County has increased employment faster than the industry job growth experienced in Massachusetts, where the industry felt a gain of 1.4 percent. The Health and personal care stores industry in Nantucket County outpaced the nation in terms of industry employment growth . During this period, the nation gained 2.6 percent in this industry.

Top 5 Industries
1. Health and personal care stores (161.0 percent gain)
2. Other specialty trade contractors (69.5 percent gain)
3. Offices of physicians (65.8 percent gain)
4. Furniture stores (60.7 percent gain)
5. Services to buildings and dwellings (50.2 percent gain)

Nantucket County Five-Year Percentage Decline in Employment

The Specialized design services industry has seen the largest percentage drop in employment, losing 68.4 percent from 2001 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the Massachusetts, where the industry reported a loss of 5.4 percent. The losses in the Specialized design services industry in Nantucket County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 4.5 in percent of workers in the Specialized design services industry.

Top 5 Industries
1. Specialized design services (68.4 percent decline)
2. Management and technical consulting services (56.5 percent decline)
3. Specialty food stores (28.2 percent decline)
4. Home furnishings stores (25.4 percent decline)
5. Electronic markets and agents and brokers (22.6 percent decline)

Total industry employment has decreased by 7.7 percent from 2001 (2nd Quarter). These figures are greater than percent in the State of Massachusetts, which went through a loss of -3.4 percent from the 2nd Quarter of 2001. The losses in the area were greater than than the gain reported at the US level of 2.6 percent.

Total Five-Year Employment Growth in Nantucket County

From the industries (4-digit NAICS) in the area, the Services to buildings and dwellings industry has added the most employment with 158 new jobs created in the period. The job growth in the Services to buildings and dwellings industry makes up 30.5 percent of the total employment growth in Nantucket County.

Top 5 Industries
1. Services to buildings and dwellings (158 new jobs)
2. Health and personal care stores (76 new jobs)
3. Clothing stores (63 new jobs)
4. Building equipment contractors (37 new jobs)
5. Other specialty trade contractors (35 new jobs)

In Nantucket County, Massachusetts, the entire sum of jobs in all industries overall has decreased by 60,368 jobs between mid-2001 and mid-2006.

Of the 34 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 12 showed an escalation in the number employed, while 22 industries reported employment loss in the period.

Total Five-Year Employment Decline in Nantucket County

From of the area's 4-digit NAICS industries, the Traveler accommodation industry faced the greatest employment loss with a total loss of 52 jobs during the period. The employment lost in the Traveler accommodation industry make up 45.7 percent of the jobs lost during the period in Nantucket County, Massachusetts.

Top 5 Industries
1. Traveler accommodation (52 jobs lost)
2. Specialty food stores (16 jobs lost)
3. Specialized design services (13 jobs lost)
4. Limited-service eating places (7 jobs lost)
5. Home furnishings stores (5 jobs lost)





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

Nantucket County One-Year Industry Employment Change

In Nantucket County, Massachusetts, the total number of workers for all sectors has decreased by 20 total jobs from 2005 to 2006.

Total One-Year Employment Growth in Nantucket County

Out of the 4-digit NAICS industries, the Other amusement and recreation industries industry has brought the most jobs with a total of 47 total jobs brought in during the period. The growth in the Other amusement and recreation industries industry makes up 26.6 percent of the total growth in Nantucket County.

Top 5 Industries
1. Other amusement and recreation industries (47 new jobs)
2. Full-service restaurants (39 new jobs)
3. Services to buildings and dwellings (25 new jobs)
4. Other specialty trade contractors (19 new jobs)
5. Health and personal care stores (14 new jobs)

Of the 36 industries with industry data reported by the BLS in each quarter, 19 showed an escalation in the number employed, while 17 industries reported employment loss in the period.

Total One-Year Employment Decline in Nantucket County

The Traveler accommodation industry faced the greatest employment loss with a total loss of 27 jobs in that time period. The declines in the Traveler accommodation industry make up 28.5 percent of the jobs lost during the period in Nantucket County, Massachusetts.

Top 5 Industries
1. Traveler accommodation (27 jobs lost)
2. Automotive equipment rental and leasing (9 jobs lost)
3. Personal care services (9 jobs lost)
4. Private households (6 jobs lost)
5. Beer, wine, and liquor stores (5 jobs lost)

Employment for all industries has decreased by 3.7 percent since the 2nd Quarter of 2005. This is greater than growth in the State of Massachusetts, which experienced a gain of 0.9 percent since the 2nd Quarter of 2005. The losses in the area were greater than than the gain reported at the US level of 2.0 percent.

Nantucket County One-Year Percentage Growth in Employment

The Other specialty trade contractors industry has witnessed the largest percentage of employment expansion, increasing by 29.3 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Nantucket County has expanded faster than the industry has grown in the State of Massachusetts, where the industry took a gain of 0.5 percent. The Other specialty trade contractors industry in Nantucket County outpaced the national average, which felt a gained 6.8 percent of the industry employment.

Top 5 Industries
1. Other specialty trade contractors (29.3 percent gain)
2. Offices of other health practitioners (28.6 percent gain)
3. Other amusement and recreation industries (19.6 percent gain)
4. Architectural and engineering services (16.7 percent gain)
5. Sporting goods and musical instrument stores (16.3 percent gain)

Nantucket County One-Year Percentage Decline in Employment

The Specialized design services industry has seen the largest percentage drop in employment, losing 35.7 percent of the jobs from 2005 to 2006. These have declined faster than the industry sector has felt in the State of Massachusetts, where the industry reported a gain of 14.9 percent. The losses in the Specialized design services industry in Nantucket County outpaced the US in terms of percent of decline of industry employment. The US gained 7 in percent of workers in the Specialized design services industry.

Top 5 Industries
1. Specialized design services (35.7 percent decline)
2. Automotive equipment rental and leasing (26.7 percent decline)
3. Personal care services (22 percent decline)
4. Furniture stores (18.2 percent decline)
5. Home furnishings stores (13 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.

Thursday, January 11, 2007

Income and Poverty in Nantucket County, Massachusetts

Compared to other counties (and parishes) throughout the nation, Nantucket County had a very high median income for all households of $64,961 (Adjusted to 2005 Dollars). This is 9 percent higher than the household income median in State of Massachusetts of $59,087 and the median household income is 24.4 percent higher than the median household income level in the US of $49,133.

When put side-by-side with other counties (or parishes) throughout the United States, Nantucket County, Massachusetts can be understood to have a poverty rate amid the residents with a poverty rate of 7.5 percent of people living in a family with an income below the poverty level in 1999. The Black or African American race/ethnicity demographic group, represents the largest rate of poverty with 28 percent of the 2000 population living in poverty. People that are of the age 75 years and over are experiencing most percent people in poverty in Nantucket County, reporting 14 percent of the population in this age category living in poverty.

Hispanic in Nantucket County, Massachusetts , according to the 2000 census, had a median household income of $14,359, this median household income is 77.9 percent less than the areas median income level for all households. Black or African American householders reported a median household income that was 18.7 percent less than the total 2000 reported median, with a their median reported to be $52,783. In Nantucket County, Massachusetts White householders had a median household income (in 2005 Dollars) of $66,310 according to the 2000 Dencennial Census, which was 2.1 percent greater than the median household income in 2000. The Asian headed households reported median household incomes of $25,490. This median is 60.8 percent less than the reported median household income for all households in the area.







Datasource: U.S. Bureau of the Census. 2000 Decennial Census.

Tuesday, December 19, 2006

Higher Education in Nantucket County, Massachusetts

In Nantucket County, Massachusetts as reported in the 2000 Census, 42.4 percent of the White Alone, 7.6 percent of Black or African American, 43.2 percent of the Asian alone and 7 percent of the Hispanic or Latino population (over 25) has obtained a Bachelors Degree or Higher.

In 2000, the Census reported that in Nantucket County, Massachusetts, the largest educational attainment category for men is the Bachelors Degree or Higher category, with 38.2 percent achieving this level. The female population in Nantucket on average have achieved a greater level of higher education (Bachelors or Higher) than men; 38.2 percent (Men) versus 38.8 percent (Women). Many of the women in the area have achieved the Bachelors Degree or Higher category, with 38.8 percent of the areas female population attaining this level of education.

Nantucket County, Massachusetts has a very highly-educated working age population, with 38.4 percent of the population (+25) having received a BA or higher, as reported the 2000 Decennial Census. Nantucket has a higher percent of the population with at least a Bachelors than the State of Massachusetts's proportion of 33.2 percent and a higher percent than the average across the nation of 24.4 percent.





Datasource: U.S. Bureau of the Census. 2000 Decennial Census.

Tuesday, November 28, 2006

Demographic Profile for Nantucket County, Massachusetts

In terms of total land area, Nantucket extends a total area of 48 square miles. The land areas has a medium-high density of 213 persons per square mile, in 2005. Other US counties with similar densities include: -- more densely populated -- Kanawha, WV (214 per sq. mile ), Anderson, TN (215 per sq. mile ), Cambria, PA (215 per sq. mile ), -- less densely populated -- St. John the Baptist, LA (212 per sq. mile ), Bay, FL (212 per sq. mile ), Cleveland, NC (212 per sq. mile ).

Nantucket County, Massachusetts had a population that was estimated at 10,168 in 2005. The total population has increased sharply, since the 2000 total population of 9,565. This growth represents an increase of 6.3 percent. Nantucket ranks 10 of 14 counties by growth in total population in Massachusetts and the county ranks 1,339 of 3,141 counties in terms of population growth in the United States.

Nantucket County, Massachusetts has a population that is made up of 85.3 percent White, 9.1 percent African American, 1.1 percent Asian, and 4.4 percent Hispanic. The area population base can be described as having a modest level of racial and ethnic diversity, with 14.6 percent of the population being minorities. This is less than the State of Massachusetts percent of 18.4. Since 2000, Nantucket has increased in diversity when 11.7 percent of the people were minorities.

In 2005, the Census Bureau estimated the median age in Nantucket County, Massachusetts to be 37.5 years old. The median age in Nantucket is less than the median age in the State of Massachusetts of 38.2. Since the year 2000, the area has seen an increase in the median age, when it was 36.7 years of age. With 19.5 percent of the 2005 population being made up of children and youth younger than 18, Nantucket can be described as being made up of a relatively low proportion of youths. The working age population group (18-64) has a relatively high presence of the 2005 population base, with 69.4 percent of the population makes up this age category. The retirement (65 and over) age group comprises 11.2 percent of the population in the area. When compared to other counties throughout the United States, this represents a medium-low proportion of the population.

Since 2000, a very high number of individual migrated to the Nantucket internationally. The migration from outside the US into Nantucket makes up 0.2 percent of the total international migration into the State of Massachusetts. This percent of immigration can be considered very high when compared to international migration per 2005 population.

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

Saturday, November 11, 2006

Housing Report for Nantucket County, Massachusetts

The State of Massachusetts, Nantucket County ranks 1 of 14 by percentage growth in residential real estate. The county is positioned 374 of 3,141, compared to change in residential structure growth in counties throughout the Unities States.

In Nantucket County, the U.S. Census Bureau, Population Division accounted for a total of 10,296 homes in the year 2005. This county has gone through a growth in housing units, adding in all 838 residential structures since 2001, a change of 8.9 percent.

Nantucket County can be understood as having a extremely high percentage of homes that are high in price. In 2000, the Decennial Census reported that 59.6 percent residential property is valued over $500k.

Nantucket County had an owner-occupied dwelling median in 2000 of $577,500, reported by the Decennial Census. This home value is greater than the overall Massachusetts 2000 median home value of $185,700 and greater than median home value of $119,600 across the nation during that year.





Data Source: U.S. Census Bureau

Sunday, October 29, 2006

Employment Report for Nantucket County, Massachusetts -- Annual 2005 Industry Summary

Educational services has had the highest level of job growth from 2001-2005 in Nantucket County, moving a total of 68.8 percent. This is greater than the national employment change in the industry of 13.8 percent. The State of Massachusetts had changed in sector employment of 4.4 percent, during the period.

Arts, entertainment, and recreation has the largest employers in Nantucket County. The industry averages 15 jobs per establishment, which is less than the industry's average at the national level of 16 and less than the Massachusetts average of 15 for the Arts, entertainment, and recreation industry.

In Nantucket County, Retail Trade, Construction, and the Administrative and waste services sectors are the largest industries, in terms of total number of jobs in 2005. The Retail Trade is the major employer in the county making up . percent of total employment in the county, making up 1,113 employees. The Construction and Administrative and waste services industries total . and . percent of the total jobs, respectively.











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

 

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