Wednesday, March 21, 2007

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


(Click Image to Enlarge Graph)



People with jobs in the securities and commodity contracts brokerage industry paid the average highest wages in Durham County for the 2nd quarter of 2006. The average worker in the industry in Durham County earned an annual wage of $110,288 in 2nd quarter of 2006. The pay is greater than the average industry wage in the State of North Carolina of $101,998 and less than then the pay for jobs in this industry in the United States of $138,150.

Other high-paying jobs in Durham County, North Carolina exsists in pharmaceutical and medicine manufacturing ($102,462), machinery and supply merchant wholesalers ($97,701), management of companies and enterprises ($92,329) and basic chemical manufacturing ($90,450) 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

Durham County Wages have increased by 9.4% Since 2001


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Industry wages, from 2001 to 2006, have increased in Durham County, North Carolina by a total of 9.4%. This is less than the growth in wages for the State of North Carolina and less than the growth in average industry wages for the United States.

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

Durham County Five-Year Industry Employment Change

Total Five-Year Employment Growth in Durham County

From the industries (4-digit NAICS) in the area, the Scientific research and development services industry has added the most employment with 2,333 new jobs created in the period. The job growth in the Scientific research and development services industry makes up 13.8 percent of the growth in Durham County.

Top 5 Industries
1. Scientific research and development services (2,333 new jobs)
2. Insurance carriers (2,328 new jobs)
3. Commercial equip. merchant wholesalers (2,010 new jobs)
4. Pharmaceutical and medicine manufacturing (1,169 new jobs)
5. Machinery and supply merchant wholesalers (685 new jobs)

In Durham County, North Carolina, the entire sum of jobs in all industries overall has increased by 2,933 jobs from mid-2001 to mid-2006.

Total Five-Year Employment Decline in Durham County

The Semiconductor and electronic component mfg. industry experienced most substantial job loss, losing 7,236 jobs. The declines in the Semiconductor and electronic component mfg. industry make up 38.9 percent of the employment lost during the period in Durham County, North Carolina.

Top 5 Industries
1. Semiconductor and electronic component mfg. (7,236 jobs lost)
2. Employment services (1,679 jobs lost)
3. Computer systems design and related services (1,518 jobs lost)
4. Wired telecommunications carriers (898 jobs lost)
5. Grocery stores (783 jobs lost)

From the 123 4-digit NAICS industries, 59 accounted an for increase in employment during the period and 64 industry sectors reported declines during the time period.

Durham County Five-Year Percentage Growth in Employment

The Outpatient care centers industry has seen the largest percentage job growth, expanding by 667.1 percent from 2001 to 2006. This industry in Durham County has added employment faster than the growth seen in the industry for North Carolina, where the industry felt a gain of 59.9 percent. The Outpatient care centers industry in Durham County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 23.1 percent of the industry employment.

Top 5 Industries
1. Outpatient care centers (667.1 percent gain)
2. Commercial equip. merchant wholesalers (391.2 percent gain)
3. Machinery and supply merchant wholesalers (317.3 percent gain)
4. Support activities for road transportation (147.7 percent gain)
5. Other residential care facilities (147.5 percent gain)

Durham County Five-Year Percentage Decline in Employment

The Performing arts companies industry has lost the largest percent of jobs, losing 86.4 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 experienced in the State of North Carolina, where the industry reported a loss of 64.7 percent. The losses in the Performing arts companies industry in Durham County outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 10.2 in percent of jobs in the Performing arts companies industry.

Top 5 Industries
1. Performing arts companies (86.4 percent decline)
2. Business, computer and management training (81.7 percent decline)
3. Semiconductor and electronic component mfg. (80 percent decline)
4. Logging (74.6 percent decline)
5. Misc. nondurable goods merchant wholesalers (62.2 percent decline)

Total industry employment has increased by 1.9 percent from 2001 (2nd Quarter). These figures are less than percent in North Carolina, which saw a gain of 1.9 percent from 2001 (2nd Quarter). The gains the area experienced were less than than the gain felt at the national level of 2.6 percent.





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.

Wednesday, January 10, 2007

Income and Poverty in Durham County, North Carolina

The areas median household income has declined from the inflation-adjusted values in 2000. The income level has decreased to $44,941, which amounts to a 11.4 percent decline. Durham County, North Carolina, when analyzing percentage of decline, ranks 19 of 36 counties in percent of decline for median household income in the State of North Carolina. Durham County ranks 166 of 668 counties (or parishes) when comparing total percent of decline in median income level for the United States.

Contrasted against to other counties (or parishes) throughout the US, Durham County, North Carolina can be considered to have a medium-high rate of poverty among its population, accounting a rate of 13.4 percent with a family income under the 1999 poverty level. The Hispanic race/ethnicity population category, holds the highest rate of poverty with 26.3 percent of the population in 2000 living in poverty. Individuals aged Under 5 years are experiencing most percent people in poverty in Durham County, accounting 20 percent of this demographic group living with incomes under poverty.

Black or African American headed households had median income levels that were 24.5 percent less than the all population median published in the 2000 Census, with a median of $38,279. It was reported in 2000 that the Asian headed households had median household incomes of $59,416. This median is 17.2 percent greater than the reported median for all households in the area. Hispanic in Durham County, North Carolina , according to the 2000 census, had a median household income of $40,939, this income level is 19.3 percent less than the reported median household income for all households in the area. The American Indian and Alaska Native householders in Durham County reported a median household income of $42,584, this was 16 percent less than the median level for total households in the area. In Durham County, North Carolina White headed households reported household income (in 2005 Dollars) of $61,203 according to the 2000 Dencennial Census, which was 20.7 percent greater than the median in 2000.

While the median household income saw a decline during the period of 2000 to 2005 in Durham County, North Carolina, the Race/Ethnicity group that experienced the largest decline in median income was the White category. This group felt a decline of 10.3 percent from 2000 to 2005. The American Indian and Alaska Native population group was least impacted by the household income decline in Durham County, experiencing a 51.8 percent increase in median household income from 2000 to 2005.

Compared to counties across the United States, Durham County accounted a relatively high median household income of $50,704 (Adjusted to 2005 Dollars). This is 9.6 percent higher than the median in North Carolina of $45,845 and the income level is 3.1 percent higher than the median for the rest of the nation, which is a reported $49,133.

The poverty rate in Durham County, North Carolina has declined by 0.5 percent since the amounts published in 2000, moving from 13.4 percent to 12.9 percent.

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

Tuesday, December 19, 2006

Higher Education in Durham County, North Carolina

From the years 2000 to 2005, the proportion of the male population that could be considered highly educated has increased by 2.4 percent. By the year 2005, 43.4 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 2.8 percent. By the year 2005, a total of 42.6 percent of the female population having received at least a Bachelors Degree.

Durham County, North Carolina may to understood as having a very highly-educated population, with 40.2 percent of the over 25 years old population having a Bachelors Degree or Higher, according to the 2000 Decennial Census. Durham counted a higher percent of individuals with higher educations than the State of North Carolina's proportion of 22.4 percent and a higher percent than the national average of 24.4 percent.

From the year 2000, Durham 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 2.8 percent to a total of 43 percent in 2005, according to the American Community Survey. The 2005 proportion of highly educated population is greater than the State of North Carolina percent of 25.2 and greater than the national percent of 27.2.

According to the 2000 Decennial Census in Durham County, North Carolina, a high proportion of the male population in the area have reached the Bachelors Degree or Higher category, with 40.6 percent achieving this level. The female population in Durham have attainment on average a lower level of higher education (Bachelors or Higher) than the men in the area: 40.6 percent (Men) versus 39.8 percent (Women). A high proportion of the female population in the area has reached the Bachelors Degree or Higher category, with 39.8 percent of the women population in the area achieving this level of education.

In Durham County, North Carolina as reported in the 2000 Census, 48.6 percent of the White Alone, 26.6 percent of Black or African American, 78.4 percent of the Asian alone and 14.4 percent of the Hispanic or Latino population (over 25) has obtained a Bachelors Degree or Higher.

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

Tuesday, November 28, 2006

Demographic Profile for Durham County, North Carolina

In the year 2005, the population division of U.S. Census Bureau estimates the median age in Durham County, North Carolina to be 33.3 years of age. The median age in Durham is less than the median age for the State of North Carolina of 36.2. Since the year 2000, the area has witnessed an increase in the median, when the median age was 32.2 years old. With a total of 24.3 percent of the 2005 population being comprised of individuals under the age of 18, Durham can be understood as having a medium-high proportion of youths. The 18 to 64 years old population group has a relatively high representation within the population, making up 66.2 percent of the population makes up this age category. The retirement (65 and over) age group comprises 9.5 percent of the total population base. Compared to other counties throughout the nation, this represents a relatively low proportion of the population.

Durham County, North Carolina had an estimated population of 242,582 in 2005. The estimated population has increased sharply, since the 2000 total population of 224,531. This growth shows an increase of 8 percent. Durham ranks 8 of 100 counties in terms of population growth in North Carolina and the county ranks 196 of 3,141 counties when analyzing total county population change across the nation.

Since the year 2000, a very high amount of people have migrated to Durham internationally. The migration from outside the US into Durham makes up 7 percent of the total migration into the State of North Carolina. This percent of international migration is very high when analyzed against the base population in the year 2005 and compared to other counties across the US.

Durham County, North Carolina has a population that is made up of 46.1 percent White, 37.5 percent African American, 4 percent Asian, and 11 percent Hispanic. This area can be considered to have a very high level of diversity, with 52.5 percent of the population being minorities. This is greater than the State of North Carolina percent of 29.6. Since 2000, Durham has increased the level of diversity when 50.5 percent of the population was made up of minorities.

By measuring total land area, Durham covers a total land area of 290 square miles. The land areas has a high average area density of 836 persons per square mile. Similar counties in the US, in terms of density, include: -- more densely populated -- King, WA (844 per sq. mile ), Gloucester, NJ (853 per sq. mile ), Muscogee, GA (857 per sq. mile ), -- less densely populated -- Emporia city, VA (811 per sq. mile ), Newport, RI (805 per sq. mile ), Knox, TN (796 per sq. mile ).

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

Friday, November 10, 2006

Housing Report for Durham County, North Carolina

Durham County recorded median owner-occupied home value in the year 2005 of $159,900, according to the American Community Survey. This value is greater than the North Carolina 2005 home value of $127,600 and less than median owner-occupied dwelling value of $167,500 across the United States during the same year.

In Durham County, the U.S. Census Bureau, Population Division accounted for a total of 110,792 housing units in the year 2005. This represents a growth in housing units, adding all together 11,903 housing units since the year 2001, or 12 percent.

The owner-occupied dwellings in Durham County, North Carolina have moderate increases since the Census values accounted for in the year 2000. The values have increased by $30,900, or 24 percent, from their 2000 value of $129,000.

There is a fair amount of real estate that is affordable in Durham County, North Carolina. In 2005, 27.9 percent of residential real estate was valued under $125,000.

Durham County can be understood as having a medium percentage of homes that are high in price. In 2005, the American Community Survey reported that 3.2 percent residential property is valued over $500k.

Throughout the State of North Carolina, Durham County ranks 12 of 100 in terms of percentage growth in new housing structures. The county ranks 202 of 3,141, comparing the percentage change in residential in other US counties.

Data Source: U.S. Census Bureau

Monday, October 30, 2006

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

Manufacturing since the year 2001 lost the most jobs in Durham County. The industry was hit with a loss of 6,878 employees during the period, or 17.6 percent of the employment in the industry. This made up a total of 51.5 percent of all county employment losses since 2001.

Wholesale trade has grown in employment, since the year 2001, more than any other industry in Durham County, growing by 70.2 percent. This is greater than the United States industry change in employment of 0.4 percent. The State of North Carolina went through a industry job change of 6.1 percent, during the period.

Manufacturing has a largest number of employee per establishment in Durham County. In the County, the industry averages 168 jobs per establishment, which is greater than the industry's average at the national level of 39 and greater than the State of North Carolina average establishment size of 53 for the Manufacturing industry.

In Durham County, Manufacturing, Health care and social assistance, and the Professional and technical services industries are the largest employment industries. The Manufacturing provides the most jobs and contributes 21.2 percent of all jobs throughout the county, totaling 32,189 people employed. The Health care and social assistance and Professional and technical services industries make up 18.8 and 10.4 percent of total employment, respectively.

In Durham County, Educational services, Manufacturing and Professional and technical services industries have the highest United States location quotient (LQ). The Educational services sector in the county has a location quotient of 3.41. This means the percent of total employment in the Educational services industry is 3.41 times the percent of the national average, This signifies that Durham County produces more than its local requirement of products and/or services of Educational services.







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

 

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