In Cabarrus County, jobs in the other financial investment activities pay the highest wages

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Jobs in the other financial investment activities industry reported the top wages in Cabarrus County for the 2nd quarter of 2006. The average worker in the industry in Cabarrus County earned an annual wage of $94,957 in 2006. The average wage is greater than the average industry wage in the State of North Carolina of . and less than then the wage for jobs in this industry in the US of $120,327.

Other top-pay jobs in Cabarrus County, North Carolina exsists in promoters of performing arts and sports ($86,173), offices of physicians ($81,598), computer systems design and related services ($71,926) and management and technical consulting services ($70,827) 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.

Cabarrus County Wages have increased by 10.8% Since 2001

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Since 2001, industry wages increased in Cabarrus County, North Carolina by a total of 10.8%. This is less than the growth in industry wages for the State of North Carolina 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.

Cabarrus County Industry Wages Lag Behind North Carolina, and Wages Lag Behind the United States

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Total wages in all industries in Cabarrus County, North Carolina when analyzed can be understood as being relatively high when compared to other Counties throughout the state in the 2nd quarter of 2006. The industry wages are 3.7 percent lower than the state, which was reported to be $35,650. The overall industry wage was less than the industry average in the US 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.

Cabarrus County Five-Year Industry Employment Change

Cabarrus County Five-Year Percentage Growth in Employment

The Office administrative services industry has witnessed the largest percentage of employment expansion, increasing by 1518.4 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Cabarrus County has grow faster than the growth seen in the industry for North Carolina, where it saw a gain of 54.2 percent. The Office administrative services industry in Cabarrus County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 37.6 percent.

Top 5 Industries
1. Office administrative services (1518.4 percent gain)
2. Other schools and instruction (464.1 percent gain)
3. Outpatient care centers (401.2 percent gain)
4. Travel arrangement and reservation services (335.4 percent gain)
5. Management and technical consulting services (324.1 percent gain)

The total number of jobs has increased by 11.1 percent since the 2nd Quarter of 2001. This is greater than growth in the State of North Carolina, which experienced a gain of 1.9 percent since 2001 ( 2nd Quarter). The gains in the area were greater than than the gain felt at the national level of 2.6 percent.

Cabarrus County Five-Year Percentage Decline in Employment

The Cut and sew apparel manufacturing industry has lost the biggest percent of jobs, losing 85.3 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 sector has gone through in the North Carolina, where the it saw a loss of 60.8 percent. The losses in the Cut and sew apparel manufacturing industry in Cabarrus County outpaced the United States industry losses overall. During this period, the United States lost 45.7 percent in terms of employees in the Cut and sew apparel manufacturing industry.

Top 5 Industries
1. Cut and sew apparel manufacturing (85.3 percent decline)
2. Apparel and piece goods merchant wholesalers (71.2 percent decline)
3. Activities related to credit intermediation (70.5 percent decline)
4. Other support services (69.2 percent decline)
5. Petroleum merchant wholesalers (60.3 percent decline)

Total Five-Year Employment Decline in Cabarrus County

From of the area's 4-digit NAICS industries, the Cut and sew apparel manufacturing industry faced the greatest employment loss with a total loss of 474 jobs during the period. The employment lost in the Cut and sew apparel manufacturing industry make up 17.1 percent of the jobs lost during the period in Cabarrus County, North Carolina.

Top 5 Industries
1. Cut and sew apparel manufacturing (474 jobs lost)
2. Services to buildings and dwellings (414 jobs lost)
3. General freight trucking (293 jobs lost)
4. Other support services (241 jobs lost)
5. Department stores (223 jobs lost)

In Cabarrus County, North Carolina, the total number of jobs throughout all industries has increased by 5,083 jobs between mid-2001 and mid-2006.

Given the 100 industries with industry data reported by the BLS in each quarter, 28 showed an escalation in the number employed, while 71 industries reported employment loss in the period.

Total Five-Year Employment Growth in Cabarrus County

The Full-service restaurants industry has brought the most jobs with a total of 822 employees finding new jobs in the industry. The employment growth in the Full-service restaurants industry makes up 8.5 percent of the growth in Cabarrus County.

Top 5 Industries
1. Full-service restaurants (822 new jobs)
2. Employment services (638 new jobs)
3. Management of companies and enterprises (601 new jobs)
4. Other general merchandise stores (565 new jobs)
5. Management and technical consulting services (560 new jobs)





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.

Cabarrus County One-Year Industry Employment Change

Total One-Year Employment Decline in Cabarrus County

From of the area's 4-digit NAICS industries, the Department stores industry experienced most substantial job loss, losing 497 jobs in that time period. The declines in the Department stores industry make up 24.5 percent of the jobs lost during the period in Cabarrus County, North Carolina.

Top 5 Industries
1. Department stores (497 jobs lost)
2. Employment services (325 jobs lost)
3. Warehousing and storage (163 jobs lost)
4. Apparel knitting mills (124 jobs lost)
5. Limited-service eating places (89 jobs lost)

Given the 119 4-digit NAICS industries, 48 described an expansion of jobs throughout the time period, while 71 industry sectors reported declines during the time period.

Total One-Year Employment Growth in Cabarrus County

Of the industries (4-digit NAICS) in the area, the Other general merchandise stores industry has accounted the most employment growth with a total of 387 jobs added during the time period. These new jobs in the Other general merchandise stores industry makes up 11.2 percent of the growth in Cabarrus County.

Top 5 Industries
1. Other general merchandise stores (387 new jobs)
2. Community care facilities for the elderly (341 new jobs)
3. Special food services (218 new jobs)
4. Other schools and instruction (162 new jobs)
5. Other transportation equipment manufacturing (151 new jobs)

In Cabarrus County, North Carolina, the entire sum of jobs in all industries overall has increased by 1,396 jobs between mid-2005 and mid-2006.

Total employment has increased by 2.8 percent since the 2nd Quarter figures of 2005. This change is greater than growth in the State of North Carolina, experiencing a gain of 2.7 percent from 2005 (2nd Quarter). The gains the area experienced were greater than than the gain felt at the national level of 2.0 percent.

Cabarrus County One-Year Percentage Decline in Employment

The Warehousing and storage industry has lost the largest amount of employment in terms of percentage, losing 80.7 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the North Carolina, where the industry felt a gain of 2.3 percent. The losses in the Warehousing and storage industry in Cabarrus County outpaced the United States industry losses overall. During this period, the United States gained 7.8 in percent of workers in the Warehousing and storage industry.

Top 5 Industries
1. Warehousing and storage (80.7 percent decline)
2. Drinking places, alcoholic beverages (57.1 percent decline)
3. Activities related to credit intermediation (51.8 percent decline)
4. Department stores (49 percent decline)
5. Lawn and garden equipment and supplies stores (48.9 percent decline)

Cabarrus County One-Year Percentage Growth in Employment

The Other transportation equipment manufacturing industry has witnessed the largest percentage of employment expansion, increasing by 532.9 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Cabarrus County has increased employment faster than the industry has grown in the State of North Carolina, where the industry took a gain of 223.8 percent. The Other transportation equipment manufacturing industry in Cabarrus County outpaced the United States, which experienced a gained 1.2 percent.

Top 5 Industries
1. Other transportation equipment manufacturing (532.9 percent gain)
2. Other schools and instruction (153.5 percent gain)
3. Electronic equipment repair and maintenance (87.5 percent gain)
4. Special food services (86.4 percent gain)
5. Investigation and security services (75.7 percent gain)





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 Cabarrus County, North Carolina

Compared to other counties (and parishes) throughout the nation, Cabarrus County was reported to have a relatively high household income of $53,984 (2005 Dollars). The income level is 15.1 percent higher than the median in State of North Carolina of $45,845 and the median is 9 percent higher than the median household income in the United States of $49,133.

As the median household income witnessed a decline during the period of 2000 to 2005 in Cabarrus County, North Carolina, the Race/Ethnicity category that felt the biggest decline in median household income was the Asian category. This group felt a decline of 27.3 percent from 2000 to 2005. The American Indian and Alaska Native population category was least influenced by the median household income decline in Cabarrus County, undergoing a 63.2 percent increase in median income, since the values reported in the 2000 Decennial Census.

The household income has declined from the inflation-adjusted values in 2000. The income level has decreased to $49,997, representing a 7.4 percent decline. Cabarrus County, North Carolina, when analyzing percentage of decline, ranks 30 of 36 counties in percent of decline for income levels in the State of North Carolina. Cabarrus County ranks 351 of 668 counties (or parishes) when analyzing the decline in median household income in the United States.

When put side-by-side with other counties (or parishes) throughout the United States, Cabarrus County, North Carolina can be considered to have a rate of poverty among the people, accounting a rate of 7.1 percent with a family income under the 1999 poverty level. The Hispanic race/ethnicity demographic group, represents the largest rate of poverty with 26.9 percent of the people in 2000 living in poverty. The population that is aged 75 years and over have the largest percent of population in poverty in Cabarrus County, reporting 13.4 percent of this age cohort living in poverty.

The poverty rate in Cabarrus County, North Carolina has increased by 2.5 percent from the levels reported in the Decennial Census of 2000, moving from 7.1 percent to 9.6 percent.

The Asian householders in the area have reported their median household incomes at $62,252. This income level is 15.3 percent greater than the reported median household income, in the area, for all households. The American Indian and Alaska Native households in Cabarrus County reported an income level of $49,516, this was 8.3 percent less than the median income level in this area. Black or African American householders reported a median household income that was 30 percent less than the total 2000 reported median, with a their median reported to be $37,775. Hispanic headed households in Cabarrus County, North Carolina , according to the 2000 census, had a median household income of $39,280, this income level is 27.2 percent less than reported value of the areas total household median income for all households. In Cabarrus County, North Carolina White headed households reported household income (in 2005 Dollars) of $57,239 as reported by the Decennial Census of 2000, which was 6 percent greater than the median household income in 2000.

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

Higher Education in Cabarrus County, North Carolina

In Cabarrus County, North Carolina as reported in the 2000 Census, 20.2 percent of the White Alone, 12.6 percent of Black or African American, 34.4 percent of the Asian alone and 3.6 percent of the Hispanic or Latino population (over 25) has obtained a Bachelors Degree or Higher.

Cabarrus County, North Carolina may to understood as having a moderately-educated population of the working age, with 19.2 percent of the population (+25) having received at least a Bachelors Degree, as reported in the Decennial Census of 2000. Cabarrus has a lower percent of population with this high education level than the State of North Carolina's proportion of 22.4 percent and a lower percent than the national average of 24.4 percent.

According to the 2000 Decennial Census in Cabarrus County, North Carolina, a high proportion of the male population in the area have reached the High School Diploma category, with 29.8 percent obtaining this level of education. The women in Cabarrus have achieved a lower level of higher education (Bachelors or Higher) than men -- 19.8 percent (Men) versus 18.4 percent (Women). The most common level of education for women in the area is High School Diploma category, with 30.4 percent of the female population achieving this education level.

Since 2000, Cabarrus has increased in the percent of the population that is over the age of 25 with a BA or Higher. This population cohort has grown by 2.6 percent to a total of 21.8 percent in 2005. The American Community Survey reports that the proportion of the 2005 population that is highly educated is less than the 2005 State of North Carolina percent of 25.2 and less than the average US percent of 27.2.

From the years 2000 to 2005, the proportion of the male population that could be considered highly educated has increased by 1.6 percent. In the year 2005, 21.6 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 increased by a total of 3.4 percent. By the year 2005, a total of 21.8 percent of the female population having received at least a Bachelors Degree.

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

Demographic Profile for Cabarrus County, North Carolina

Cabarrus County, North Carolina has a population that is made of 75.7 percent White, 14.3 percent African American, 1.3 percent Asian, and 7.6 percent Hispanic. The population mix can be considered to have a high amount of racial and ethnic diversity, with 23.2 percent minorities. This is less than the State of North Carolina percent of 29.6. Since 2000, Cabarrus has increased the level of diversity when 18.1 percent of the total population were minorities.

The population division of the Census Bureau estimates in 2005 a median age in Cabarrus County, North Carolina to be 35.2 years old. The median age in Cabarrus is less than the median age in North Carolina of 36.2. Since 2000, the area has experienced a decline in the median, when the median age was 35.4 years old. With 26.2 percent of the 2005 population being made up of children and youth younger than 18, Cabarrus can be described as having a medium-high percent of individuals under 18. The working age population group (18-64) has a medium-high presence of the population, with 62.9 percent of the population makes up this age category. The retirement (65 and over) age group comprises 10.9 percent of the total population in the area. Compared to other counties in the US, this represents a medium-low proportion of the population.

Cabarrus County, North Carolina had an estimated population of 150,244 in the year 2005. The population has increased sharply, since the 2000 total population of 132,243. This growth denotes an increase of 13.6 percent. Cabarrus ranks 9 of 100 counties by growth in total population in North Carolina and the county ranks 198 of 3,141 counties when analyzing total county population change across the nation.

In terms of total land area, Cabarrus extends a total area of 364 square miles. The county has a medium-high average area density of 412 persons per square mile. Other counties with similar densities in the US include: -- more densely populated -- Manatee, FL (414 per sq. mile ), Niagara, NY (415 per sq. mile ), Cameron, TX (418 per sq. mile ), -- less densely populated -- Calvert, MD (409 per sq. mile ), Beaver, PA (409 per sq. mile ), Cumberland, PA (405 per sq. mile ).

Estimated since the year 2000, a high number of individuals have migrated to Cabarrus internationally. The migration from outside the US into Cabarrus totals 1.4 percent of the total international migration into the State of North Carolina. This percent of immigration can be considered high when comparing levels of immigration per population in 2005.

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

Housing Report for Cabarrus County, North Carolina

When compared to other counties in North Carolina, Cabarrus County ranks 8 of 100 in terms of growth of new housing structures between 2001 and 2005. The county stands 147 of 3,141, compared to change in residential structure growth in counties throughout the Unities States.

The residential home values in Cabarrus County, North Carolina have moderate increases from the housing values in 2000. The residential values have increased by $21,200, or 17.9 percent, since their values in that year of $118,200.

In Cabarrus County, the real estate market was made up of 62,620 homes in the year 2005. This county has gone through a growth in housing units, adding all together 7,512 housing units since the year 2001, or 13.6 percent.

According to the data, there is a fair amount of real estate that is affordable in Cabarrus County, North Carolina. In 2005, 41.6 percent of the homes were valued under $125,000.

Cabarrus County recorded a median home value in 2005 of $139,400, accounted by the American Community Survey. This median is greater than the overall State of North Carolina 2005 median owner-occupied dwelling value of $127,600 and less than home value of $167,500 across the United States during the same year.

Cabarrus County is made up of a medium proportion of high-valued homes. In 2005, the American Community Survey accounted that 3.9 percent of the homes were valued over $500,000.

Data Source: U.S. Census Bureau

Employment Report for Cabarrus County, North Carolina -- Annual 2005 Industry Summary

The Manufacturing has seen the largest decrease in industry presence in Cabarrus County, from the year 2001 to 2005, accounting for 25.9 percent of employment in 2001 to 16.3 percent in 2005.

Management of companies and enterprises saw the biggest increase in jobs since the year 2001 in Cabarrus County, increasing in size by 107.8 percent. This is greater than the United States change in the sector jobs of 1.6 percent. The State of North Carolina experienced a sector employment shift of -11.3 percent, from 2001 to 2005.

Manufacturing between the years 2001 and 2005, saw the greatest loss in employment in Cabarrus County. The sector dealt with a loss of 3,887 jobs, or 32.3 percent of jobs in the industry. The losses in this industry made up 59.8 percent of all county employment losses since 2001.

In Cabarrus County, Arts, entertainment, and recreation, Management of companies and enterprises and Retail Trade are the three industries with the highest location quotients. The Arts, entertainment, and recreation industry has a US LQ in the county of 2.71. This means the percent of total employment in the Arts, entertainment, and recreation sector is 2.71 times greater than the national average, signifying that Cabarrus County produces more than its local requirement of products and/or services of Arts, entertainment, and recreation.

Management of companies and enterprises has the largest businesses in Cabarrus County, averaging 60 workers per each place of employment, being greater than the US industry average of 40 and greater than the North Carolina establishments size average of 50 for the Management of companies and enterprises industry.

In Cabarrus County, Retail Trade, Manufacturing, and the Accommodation and food services sectors, in terms of total employment, are the largest. Retail Trade provides the most jobs and contributes 19.3 percent of total employment in the county, making up 9,634 jobs. The Manufacturing and Accommodation and food services sectors account for 16.3 and 12.2 percent of all employment.





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