In Lake of the Woods County, jobs in the depository credit intermediation pay the highest wages

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Jobs in the depository credit intermediation industry had the highest average wages in Lake of the Woods County for 2006. The average worker in the industry in Lake of the Woods County was paid an annual wage of $31,056 in 2006. The annual wage is less than the industry wage rate in Minnesota of $46,461 and less than then the wage for jobs in this industry in the US of $47,929.

Other high-paying jobs in Lake of the Woods County, Minnesota can be found in building equipment contractors ($25,517), unclassified ($17,668), other amusement and recreation industries ($17,048) and gasoline stations ($16,900) 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 of the Woods County Wages have increased by 16.6% Since 2001

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Industry wages, from 2001 to 2006, have increased in Lake of the Woods County, Minnesota by a total of 16.6%. This is greater than the growth in industry wages for the State of Minnesota and greater 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.

Lake of the Woods County Industry Wages Lag Behind Minnesota, and Wages Lag Behind the United States

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Wages in all industries in Lake of the Woods County, Minnesota when analyzed can be described as relatively low when compared to other Counties throughout the state in the 2nd quarter of 2006. The industry wages are 40.3 percent lower than the reported averages in the state of $40,849. The overall industry wage 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.

Lake of the Woods County Five-Year Industry Employment Change

Total Five-Year Employment Growth in Lake of the Woods County

Of the industries (4-digit NAICS) in the area, the Building material and supplies dealers industry has brought the most jobs with a total of 7 new jobs created in the period. The job growth in the Building material and supplies dealers industry makes up 83.3 percent of the total growth in Lake of the Woods County.

Top 1 Industries
1. Building material and supplies dealers (7 new jobs)

Total Five-Year Employment Decline in Lake of the Woods County

Given the industries in the area, the Gasoline stations industry has lost the most employment with a total loss of 41 jobs. The declines in the Gasoline stations industry make up 100.0 percent of the total job loss in Lake of the Woods County, Minnesota.

Top 2 Industries
1. Gasoline stations (41 jobs lost)
2. Gasoline stations (16 jobs lost)

In Lake of the Woods County, Minnesota, the entire sum of jobs in all industries overall has increased by 110 total jobs from 2001 to 2006.



Total employment has increased by 9.2 percent since the 2nd Quarter of 2001. This is greater than growth in Minnesota, which saw a gain of 2.5 percent from the 2nd Quarter of 2001. The gains felt were greater than than the gain experienced overall in the US of 2.6 percent.

Lake of the Woods County Five-Year Percentage Decline in Employment

The Gasoline stations industry has seen the largest percentage drop in employment, losing 43.3 percent of the jobs from the 2nd quarter of 2001 to 2nd quarter of 2006. The losses of the area have declined faster than the industry has seen in the Minnesota, where the industry felt a loss of 18.9 percent. The losses in the Gasoline stations industry in Lake of the Woods County outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 6.4 in percent of jobs in the Gasoline stations industry.

Top 1 Industries
1. Gasoline stations (43.3 percent decline)

Lake of the Woods County Five-Year Percentage Growth in Employment

The Building material and supplies dealers industry has seen the largest percentage job growth, expanding by 35.1 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Lake of the Woods County has expanded faster than the industry job growth experienced in Minnesota, where this industry saw a gain of 8.5 percent. The Building material and supplies dealers industry in Lake of the Woods County outpaced the nation in terms of industry employment growth . During this period, the nation gained 20 percent in this industry.

Top 2 Industries
1. Building material and supplies dealers (35.1 percent gain)
2. Residential building construction (6.8 percent gain)





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 of the Woods County One-Year Industry Employment Change

Lake of the Woods County One-Year Percentage Decline in Employment

The Gasoline stations industry has seen the largest percentage drop in employment, losing 21.8 percent of the jobs from the 2nd quarter of 2005 to 2nd quarter of 2006. The losses of the area have declined faster than the industry sector has gone through in the Minnesota, where the industry felt a loss of 7.2 percent. The losses in the Gasoline stations industry in Lake of the Woods 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 Gasoline stations industry.

Top 3 Industries
1. Gasoline stations (21.8 percent decline)
2. Building equipment contractors (18.2 percent decline)
3. Full-service restaurants (5 percent decline)

Lake of the Woods County One-Year Percentage Growth in Employment

The Depository credit intermediation industry has experienced the largest percentage growth, expanding by 50.0 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Lake of the Woods County has increased employment faster than the industry job growth experienced in Minnesota, where the industry felt a gain of 2.1 percent. The Depository credit intermediation industry in Lake of the Woods County outpaced the national average, which felt a gained 2 percent of the employment in this industry.

Top 4 Industries
1. Depository credit intermediation (50.0 percent gain)
2. Building material and supplies dealers (45.3 percent gain)
3. Residential building construction (12.9 percent gain)
4. Other amusement and recreation industries (5.2 percent gain)

Total industry employment has decreased by 3.8 percent from the reported values in 2005. These values are greater than percent in the State of Minnesota, which experienced a gain of 1.9 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.

Total One-Year Employment Growth in Lake of the Woods County

From the industries (4-digit NAICS) in the area, the Depository credit intermediation industry has brought the most jobs with a total of 15 employees finding new jobs in the industry. The employment growth in the Depository credit intermediation industry makes up 54.8 percent of the total growth in Lake of the Woods County.

Top 3 Industries
1. Depository credit intermediation (15 new jobs)
2. Building material and supplies dealers (8 new jobs)
3. Residential building construction (3 new jobs)

In Lake of the Woods County, Minnesota, the entire sum of jobs in all industries overall has decreased by 51 total jobs from 2005 to 2006.

Of the 7 industries with industry data reported by the BLS in each quarter, 3 accounted an for increase in employment during the period and 4 industry sectors reported declines during the time period.

Total One-Year Employment Decline in Lake of the Woods County

The Gasoline stations industry faced the greatest employment loss with a total loss of 15 jobs. The declines in the Gasoline stations industry make up 75.0 percent of the jobs lost during the period in Lake of the Woods County, Minnesota.

Top 4 Industries
1. Gasoline stations (15 jobs lost)
2. Full-service restaurants (3 jobs lost)
3. Building equipment contractors (2 jobs lost)
4. Specialized freight trucking (18 jobs lost)





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 of the Woods County, Minnesota

Compared to other counties (and parishes) throughout the nation, Lake of the Woods County reported a medium-low household income of $38,447 (Adjusted to 2005 Dollars). This is 43.4 percent lower than the median in State of Minnesota of $55,120 and the median household income is 27.8 percent lower than the median for the rest of the nation, which is a reported $49,133.

When put side-by-side with other counties (or parishes) throughout the United States, Lake of the Woods County, Minnesota may be understood as having a medium-low rate of poverty among its population, accounting a rate of 9.8 percent with a family income under the 1999 poverty level. The American Indian and Alaska Native race/ethnicity demographic group, represents the largest rate of poverty with 53.8 percent of the population in 2000 living in poverty. Individuals aged 5 years are experiencing most percent people in poverty in Lake of the Woods County, reporting 15.6 percent of this demographic group living with incomes under poverty.

The American Indian and Alaska Native headed households in Lake of the Woods County had a median household income level of $38,391, which was 0.1 percent less than the median income level in this area. Black or African American householders reported household income levels that were 10 percent less than the all population median published in the 2000 Census, with a median of $34,612. The Asian householders in the area have reported their median household incomes at $24,863. This household income level is 35.3 percent less than the reported median household income for all households in the area. Hispanic headed households in Lake of the Woods County, Minnesota , as reported in 2000, had a median household income of $59,670, this median is 55.2 percent greater than the areas median income level for all households. In Lake of the Woods County, Minnesota White headed households reported a median household income (2005 Dollars) of $38,635 according to the 2000 Dencennial Census, which was 0.5 percent greater than the median in 2000.







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

Demographic Profile for Lake of The Woods County, Minnesota

Lake of The Woods County, Minnesota has a population that is made of 96.5 percent White, 0.4 percent African American, 0.3 percent Asian, and 0.7 percent Hispanic. This area can be considered to have a very modest level of diversity in terms of race and ethnicity, with 1.4 percent minorities. This is less than the State of Minnesota percent of 11.2. Since 2000, Lake of The Woods has increased the level of diversity when 1.2 percent of the population was made up of minorities.

The U.S. Census Bureau, in the year 2005, estimated a median age in Lake of The Woods County, Minnesota to be 44.8 years old. The median age in Lake of The Woods is greater than the median age in Minnesota of 36.7. From 2000, the area has seen an increase in the median age, when it was 41.7 years of age. With 20.5 percent of the population in 2005 being comprised of children and youth younger than 18, Lake of The Woods can be understood as having a medium-low percent of individuals under 18. The working age population group (18-64) has a medium-low presence of the population, with 59.8 percent of the population makes up this age category. The retirement (65 and over) age group comprises 19.7 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.

Lake of The Woods County, Minnesota had a population that was estimated at 4,421 in 2005. The estimated population has decreased, since its 2000 population of 4,509. The decline shows a decrease of -2 percent. Lake of The Woods ranks 54 of 87 counties in terms of population growth in Minnesota and the county ranks 2,106 of 3,141 counties in terms of population growth in the United States.

In terms of total land area, Lake of The Woods extends a total area of 1297 total square miles. The area has a very low density of 3 persons per square mile. Other counties with similar densities in the US include: -- more densely populated -- Bennett, SD (3 per sq. mile ), Graham, KS (3 per sq. mile ), Hamilton, NY (3 per sq. mile ), -- less densely populated -- Converse, WY (3 per sq. mile ), Custer, MT (3 per sq. mile ), Beaver, OK (3 per sq. mile ).

Since 2000, a high amount of people migrated to Lake of The Woods from outside the country. The immigration into Lake of The Woods totals 0.1 percent of all immigration into Minnesota. This percent of international migration is high when analyzed against the base population in the year 2005 and compared to other counties across the US.

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

Housing Report for Lake of the Woods County, Minnesota

In Lake of the Woods County, the U.S. Census Bureau, Population Division accounted for a total of 3,472 homes in the year 2005. This county has gone through a growth in housing units, adding in all 180 residential structures since 2001, a change of 5.5 percent.

According to the data, there is a large amount of housing that is affordable in Lake of the Woods County, Minnesota. In 2000, 92.4 percent of housing was valued under $125k.

Lake of the Woods County recorded a median home value in 2000 of $74,000, accounted by the Decennial Census. This value is less than the overall State of Minnesota 2000 home median value of $122,400 and less than median owner-occupied dwelling value of $119,600 across the nation during that year.

Throughout the State of Minnesota, Lake of the Woods County stands 38 of 87 in terms of percentage growth in new housing structures. The county ranks 757 of 3,141, in terms of residential real estate percentage change change in the United States.





Data Source: U.S. Census Bureau

Employment Report for Lake of The Woods County, Minnesota -- Annual 2005 Industry Summary

Arts, entertainment, and recreation is the industry that has seen the largest increase in jobs from the year 2001 to the present in Lake of The Woods County, with an industry growth of 56.5 percent. This is greater than the change of total jobs in the industry for the United States of 4.7 percent. The State of Minnesota went through a industry job change of 6.7 percent, in the last 5 years.

Accommodation and food services is the industry with the largest establishments in Lake of The Woods County. The industry averages 12 jobs per place of business. This is less than the industry's average in the United States of 19 and less than the State of Minnesota average of 18 for the Accommodation and food services industry.

In Lake of The Woods County, Accommodation and food services, Arts, entertainment, and recreation and Other services, except public administration industries, in terms of United States location quotient, are the most dominant in the region. The Accommodation and food services sector in the county has a location quotient of 3.35. This means the percent of total employment in the Accommodation and food services sector is 3.35 times greater than the US average, showing signs that Lake of The Woods specializes in Accommodation and food services.

In Lake of The Woods County, Accommodation and food services, Retail Trade, and the Other services, except public administration industries are the largest employment industries. The Accommodation and food services produces the largest number of jobs in the area accounting for 32.9 percent of all jobs throughout the county, totaling 431 jobs. The Retail Trade and Other services, except public administration sectors provide 12.1 and 4.4 percent of the total jobs, respectively.









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