In Davidson County, jobs in the securities and commodity contracts brokerage pay the highest wages

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Employment in the securities and commodity contracts brokerage industry had the highest average wages in Davidson County for 2006. The average industry job in Davidson County received a wage of $93,068 in 2006. The annual wage is less than the average industry wage in the State of North Carolina of $101,998 and less than then the wage for jobs in this industry at the United States Level of $138,150.

Other high-paying jobs in Davidson County, North Carolina may be found in furniture and furnishing merchant wholesalers ($89,976), management of companies and enterprises ($59,723), offices of physicians ($53,875) and computer systems design and related services ($51,599) 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.

Davidson County Wages have increased by 14.2% Since 2001

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From 2001 to 2006, average industry wages increased in Davidson County, North Carolina by a total of 14.2%. This is less than the growth in industry wages for North Carolina 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.

Davidson County Five-Year Industry Employment Change

Employment for all industries has decreased by 9.9 percent since the 2nd Quarter of 2001. This is greater than growth in North Carolina, which went through a gain of 1.9 percent from the 2nd Quarter of 2001. The losses were greater than than the gain felt at the national level of 2.6 percent.

Davidson County Five-Year Percentage Growth in Employment

The Insurance carriers industry has gone through the largest job growth by percent, increasing by 354.0 percent from 2001 to 2006. This industry in Davidson County has expanded faster than the growth seen in the industry for North Carolina, where the industry felt a loss of 6.4 percent. The Insurance carriers industry in Davidson County outpaced the nation in terms of industry employment growth . During this period, the nation lost 3.3 percent of the industry employment.

Top 5 Industries
1. Insurance carriers (354.0 percent gain)
2. Medical equipment and supplies manufacturing (334.0 percent gain)
3. Chemical merchant wholesalers (283.7 percent gain)
4. Other miscellaneous manufacturing (283.1 percent gain)
5. Specialized design services (247.4 percent gain)

Davidson County Five-Year Percentage Decline in Employment

The Architectural and engineering services industry has lost the largest amount of employment in terms of percentage, losing 64.7 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry sector has gone through in the North Carolina, where the industry reported a gain of 5.7 percent. The losses in the Architectural and engineering services industry in Davidson County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 7.9 in percent of jobs in the Architectural and engineering services industry.

Top 5 Industries
1. Architectural and engineering services (64.7 percent decline)
2. Plywood and engineered wood product mfg. (64.5 percent decline)
3. Lessors of real estate (60.3 percent decline)
4. Misc. durable goods merchant wholesalers (58.7 percent decline)
5. Household and institutional furniture mfg. (58.2 percent decline)

In Davidson County, North Carolina, the entire sum of jobs in all industries overall has decreased by 4,182 jobs between mid-2001 and mid-2006.

Of the 104 4-digit NAICS industries, 54 reported job growth in the duration of the last five years and 49 industry sectors reported declines during the time period.

Total Five-Year Employment Growth in Davidson County

Out of the 4-digit NAICS industries, the Architectural and structural metals mfg. industry has added the most employment with 483 total jobs brought in during the period. The growth in the Architectural and structural metals mfg. industry makes up 13.6 percent of the total employment growth in Davidson County.

Top 5 Industries
1. Architectural and structural metals mfg. (483 new jobs)
2. Employment services (414 new jobs)
3. Limited-service eating places (333 new jobs)
4. Other wood product manufacturing (291 new jobs)
5. Motor vehicle body and trailer manufacturing (165 new jobs)

Total Five-Year Employment Decline in Davidson County

From of the area's 4-digit NAICS industries, the Household and institutional furniture mfg. industry has lost the most employment with a total loss of 3,423 jobs. The declines in the Household and institutional furniture mfg. industry make up 49.4 percent of the total employment decline in Davidson County, North Carolina.

Top 5 Industries
1. Household and institutional furniture mfg. (3,423 jobs lost)
2. Grocery stores (511 jobs lost)
3. Plywood and engineered wood product mfg. (460 jobs lost)
4. General freight trucking (302 jobs lost)
5. Management of companies and enterprises (285 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.

Income and Poverty in Davidson County, North Carolina

Black or African American householders reported household income levels that were 36.5 percent less than the total 2000 reported median, with a their median reported to be $28,721. In Davidson County, North Carolina White householders had a median household income (in 2005 Dollars) of $47,524 as reported in 2000 by the census, which was 5.1 percent greater than the median in 2000. Hispanic households in Davidson County, North Carolina , according to the 2000 census, had a median household income of $36,596, this median household income is 19.1 percent less than reported value of the areas total household median income for all households. The households that were headed by an American Indian and Alaska Native individual in Davidson County reported an income level of $34,673, this was 23.3 percent less than the median level for total households in the area. It was reported in 2000 that the Asian headed households had median household incomes of $46,972. This income level is 3.9 percent greater than the all households reported median in the area.

The median household income in the area has declined from the 2000 values (inflation adjusted). The median income has decreased to $39,680, representing a 12.2 percent decline. Davidson County, North Carolina, when comparing total percent of decline, ranks 14 of 36 counties in percent of decline for the household income level in the State of North Carolina. Davidson County ranks 122 of 668 counties (or parishes) in terms of the decline in household income across the nation.

Compared to other counties (and parishes) throughout the nation, Davidson County was reported to have a medium-high household income of $45,209 (Adjusted to 2005 Dollars). This is 1.4 percent lower than the median income in State of North Carolina of $45,845 and the income level is 8.7 percent lower than the median in the US, which is $49,133.

While household income level experienced a decline since 2000 in Davidson County, North Carolina, the Race/Ethnicity category that felt the biggest decline in median household income was the Black or African American category. This group felt a decline of 21.2 percent from 2000 to 2005. The American Indian and Alaska Native population group was least impacted by the household income decline in Davidson County, seeing a 194.9 percent increase in median household income from 2000 to 2005.

Evaluated with other counties (or parishes) across the nation, Davidson County, North Carolina can be considered to have a medium-low poverty rate amid the residents with a poverty rate of 10.1 percent with a family income under the 1999 poverty level. The Black or African American race/ethnicity population category, holds the highest rate of poverty with 25.6 percent of the population in 2000 living in poverty. Individuals aged 75 years and over have the largest percent of population in poverty in Davidson County, accounting 17.6 percent of this demographic group living with incomes under poverty.

The poverty rate in Davidson County, North Carolina has increased by 2.2 percent since the 2000 rates, moving from 10.1 percent to 12.3 percent.

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

Higher Education in Davidson County, North Carolina

Reported by the 2000 Census in Davidson County, North Carolina, many men in the area have reached the High School Diploma category, with 33 percent obtaining this level of education. The women in Davidson have attainment on average a greater level of higher education (Bachelors or Higher) than men -- 12.4 percent (Men) versus 13 percent (Women). A high proportion of the female population in the area has reached the High School Diploma category, with 33.4 percent of women in the area reaching this education level.

In Davidson County, North Carolina according to the Decennial Census of 2000, 13.2 percent of the White Alone, 8 percent of Black or African American, 19.2 percent of the Asian alone and 4.8 percent of the Hispanic or Latino population, over the age 25, has achieved a Bachelors Degree or Higher.

Since 2000, Davidson 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 1.0 percent to a total of 13.8 percent in 2005. The American Community Survey reports that the proportion of the 2005 population that is highly educated is less than the State of North Carolina percent of 25.2 and less than the average US percent of 27.2.

From 2000 to 2005, the percent of male population that is highly educated has increased by 0.8 percent. By the year 2005, 12.8 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 1.8 percent. By 2005, a total of 14.8 percent of the female population having received at least a Bachelors Degree.

Davidson County, North Carolina has a moderately-educated 2000 population, with 12.8 percent of the over 25 years old population having a Bachelors Degree or Higher, according to the 2000 Decennial Census. Davidson has a lower percent of individuals with higher educations than the State of North Carolina's proportion of 22.4 percent and a lower percent than the national average of 24.4 percent.

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

Demographic Profile for Davidson County, North Carolina

From 2000, a high amount of people have migrated to Davidson from another country. The international migration into Davidson accounts for 1.3 percent of the total migration into the State of North Carolina. This percent of international migration is high when analyzed against immigration per population in 2005.

In the year 2005, the population division of U.S. Census Bureau estimates the median age in Davidson County, North Carolina to be 38.0 years old. The median in Davidson is greater than the median age in the State of North Carolina of 36.2. From 2000, the area has seen an increase in the median age, at that time the median was 37.1 years of age. With a total of 24.2 percent of the population in 2005 being comprised of children and youth younger than 18, Davidson can be understood as having a medium-high percent of people under 18. The 18 to 64 years old population group has a medium-high representation within the estimated 2005 area population, making up 62.8 percent of the population within the age group. People 65 and older make up 13 percent of the total population in the area. Compared to other counties in the US, this represents a medium-low proportion of the population.

Davidson County, North Carolina had an estimated population of 154,623 in 2005. The estimated population has increased, since the population in 2000 of 147,665. This growth shows an increase of 4.7 percent. Davidson ranks 21 of 100 counties when analyzing total population change in North Carolina and the county ranks 412 of 3,141 counties by growth in county population in the United States.

By measuring total land area, Davidson spans a total area of 552 square miles. The land areas has a medium-high population density of 280 persons per square mile. Similar counties in the US, in terms of density, include: -- more densely populated -- Bradley, TN (280 per sq. mile ), Lubbock, TX (280 per sq. mile ), Montgomery, AL (281 per sq. mile ), -- less densely populated -- Monroe, MI (279 per sq. mile ), Canyon, ID (279 per sq. mile ), Broome, NY (279 per sq. mile ).

Davidson County, North Carolina has a population that is made up of 83.5 percent White, 9.2 percent African American, 1 percent Asian, and 5.2 percent Hispanic. The area can be described as having a high level of racial and ethnic diversity, with 15.4 percent of minorities in the 2005 population base. This is less than the State of North Carolina percent of 29.6. Since 2000, Davidson has increased the percent of minority makeup when 13.3 percent of the total population were minorities.

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

Housing Report for Davidson County, North Carolina

The residential housing values in Davidson County, North Carolina have moderate increases since the Census values accounted for in the year 2000. The values have increased by $17,300, or 17.5 percent, from when in 2000 they were valued at $98,600.

Davidson County had an owner-occupied dwelling median in 2005 of $115,900, accounted by the American Community Survey. This is less than the overall State of North Carolina 2005 home median value of $127,600 and less than median home value of $167,500 for the United States in the same year.

In Davidson County, the real estate market was made up of 66,909 homes in 2005. The county has experienced a growth in housing units, adding a sum of 3,066 residential structures since 2001, a change of 4.8 percent.

Throughout the State of North Carolina, Davidson County places 55 of 100 by percentage growth in residential real estate. The county is positioned 888 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

It can be understood that there is a large amount affordable residential real estate in Davidson County, North Carolina. In 2005, 56 percent of residential real estate was valued under $125,000.

Davidson County can be understood as having a small, but present proportion of residential real estate that is high priced. In 2005, the American Community Survey reported that 0.9 percent owner-occupied dwelling are valued over a half a million dollars.

Data Source: U.S. Census Bureau

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

In Davidson County, Manufacturing, Management of companies and enterprises and Construction are the three industries with the highest location quotients. The Manufacturing industry has a US LQ in the county of 2.87. In other words, the percent of total jobs in the Manufacturing sector is 2.87 times greater than the US average, showing signs that Davidson specializes in Manufacturing.

Manufacturing since the year 2001 lost the most jobs in Davidson County. The industry lost a total of 3,515 jobs during the period, or 20 percent of the employment in the industry. This made up a total of 72.5 percent of all employment losses in the county.

The Manufacturing industry has decreased the most in industries presence in Davidson County, from the year 2001 to 2005, accounting for 42.1 percent of employment in 2001 to 36.9 percent in 2005.

Administrative and waste services from 2001-2005 had the highest increase in employment in Davidson County, changing a total of 34.4 percent. This is greater than the national sector change of 4.5 percent. The State of North Carolina encountered a change in industry employment of 8 percent, since the year 2001.

In Davidson County, Manufacturing, Retail Trade, and the Health care and social assistance sectors are the largest industries, in terms of total number of jobs in 2005. The Manufacturing produces the largest number of jobs in the area accounting for 36.9 percent of all jobs throughout the county, totaling 14,056 jobs. The Retail Trade and Health care and social assistance industries total 13.1 and 10.9 percent of industry employment.

Davidson County is ranked at 19 of 101 Counties throughout the State of North Carolina in terms of total 2005 employment. The County’s employment ranking has moved up since the year 2001, when it was ranked 16 of 101 Counties.

Management of companies and enterprises has a largest number of employee per establishment in Davidson County, with the industry averaging 50 employees per business. This is greater than the industry's national average of 40 and greater than the North Carolina establishments size average of 50 for the Management of companies and enterprises industry.



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