In Forsyth 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 paid the average highest wages in Forsyth County for the 2nd quarter of 2006. The average worker in the industry in Forsyth County received an annual wage of $126,289 in 2nd quarter of 2006. The wage rate is greater than the industry pay the State of North Carolina of $101,998 and less than then the wage for jobs in this industry in the US of $138,150.

High-wage employment in Forsyth County, North Carolina may be found in software publishers ($113,611), other financial investment activities ($84,378), direct selling establishments ($77,944) and furniture and furnishing merchant wholesalers ($73,204) 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.

Forsyth County Wages have increased by 11.2% Since 2001

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Industry wages, from 2001 to 2006, have increased in Forsyth County, North Carolina by a total of 11.2%. This is less than the growth in industry wages for 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.

Forsyth County Industry Wages Exceed North Carolina, but Wages Lag Behind the United States

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Wages in all industries in Forsyth County, North Carolina when analyzed can be understood as being very high when compared to other Counties throughout the state in the 2nd quarter of 2006. The industry wages are 6.6 percent higher than the with an state average of $35,650. The average pay 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.

Forsyth County Five-Year Industry Employment Change

Total Five-Year Employment Growth in Forsyth County

From the industries (4-digit NAICS) in the area, the Management of companies and enterprises industry has brought the most jobs with a total of 2,870 new jobs created in the period. The job growth in the Management of companies and enterprises industry makes up 17.9 percent of the total growth in Forsyth County.

Top 5 Industries
1. Management of companies and enterprises (2,870 new jobs)
2. Home health care services (2,086 new jobs)
3. Employment services (1,522 new jobs)
4. Limited-service eating places (1,381 new jobs)
5. Offices of physicians (1,009 new jobs)

Total Five-Year Employment Decline in Forsyth County

Given the industries in the area, the Insurance carriers industry has lost the most employment with a total loss of 1,081 jobs. The declines in the Insurance carriers industry make up 9.3 percent of the total job loss in Forsyth County, North Carolina.

Top 5 Industries
1. Insurance carriers (1,081 jobs lost)
2. Household and institutional furniture mfg. (966 jobs lost)
3. Accounting and bookkeeping services (664 jobs lost)
4. Grocery stores (619 jobs lost)
5. Outpatient care centers (537 jobs lost)

In Forsyth County, North Carolina, the aggregate employment for all industry sectors has decreased by 154 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.

From the 138 industries with industry data reported by the BLS in each quarter, 72 reported job growth in the duration of the last five years and 66 industries reported employment loss in the period.

Forsyth County Five-Year Percentage Growth in Employment

The Misc. durable goods merchant wholesalers industry has witnessed the largest percentage of employment expansion, increasing by 177.3 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Forsyth County has expanded faster than the overall industry growth seen in the State of North Carolina, where the industry felt a loss of 8.7 percent. The Misc. durable goods merchant wholesalers industry in Forsyth County outpaced the national average, which felt a gained 6.4 percent of the industry employment.

Top 5 Industries
1. Misc. durable goods merchant wholesalers (177.3 percent gain)
2. Management of companies and enterprises (172.1 percent gain)
3. Home health care services (156.8 percent gain)
4. Activities related to credit intermediation (123.2 percent gain)
5. Hardware and plumbing merchant wholesalers (117.7 percent gain)

Total industry employment has decreased by 0.1 percent since the 2nd Quarter figures of 2001. This change is greater than growth in North Carolina, which saw a gain of 1.9 percent since the 2nd Quarter of 2001. The losses felt were greater than than the gain seen for the United States of 2.6 percent.

Forsyth County Five-Year Percentage Decline in Employment

The Software publishers industry has lost the largest percent of jobs, losing 89.4 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 felt a gain of 6.9 percent. The losses in the Software publishers industry in Forsyth County outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 12 in percent of workers in the Software publishers industry.

Top 5 Industries
1. Software publishers (89.4 percent decline)
2. Household and institutional furniture mfg. (87.5 percent decline)
3. Petroleum merchant wholesalers (72.7 percent decline)
4. Outpatient care centers (61.2 percent decline)
5. Book, periodical, and music stores (58.1 percent decline)





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 Forsyth County, North Carolina

The poverty rate in Forsyth County, North Carolina has increased by 3.3 percent from the rates reported in the Decennial Census, moving from 11 percent to 14.3 percent.

The areas median household income has declined from the 2000 values (inflation adjusted). The median income has decreased to $45,046, representing a 8.5 percent decline. Forsyth County, North Carolina, in terms of percent of decline, ranks 29 of 36 counties in percent of decline for income levels in the State of North Carolina. Forsyth County ranks 299 of 668 counties (or parishes) in terms of the decline in household income across the nation.

When put side-by-side with other counties (or parishes) throughout the United States, Forsyth County, North Carolina can be understood to have a medium-low rate of poverty among its population, accounting a rate of 11.0 percent with a family income under the 1999 poverty level. The Hispanic race/ethnicity population category, holds the highest rate of poverty with 28.9 percent of the 2000 population living in poverty. People that are of the age Under 5 years are experiencing most percent people in poverty in Forsyth County, having 18.6 percent of this age cohort living in poverty.

Black or African American householders reported a median household income that was 30.1 percent less than the overall reported level in 2000, with a reported median of $34,413. Hispanic Householders in Forsyth County, North Carolina reported a median household income of $33,986, this median household income is 31 percent less than reported value of the areas total household median income for all households. In Forsyth County, North Carolina White householders had a median household income (in 2005 Dollars) of $55,890 according to the Decennial Census of 2000, which was 13.5 percent greater than the median income in 2000. The American Indian and Alaska Native households in Forsyth County reported a median household income of $41,904, this level was 14.9 percent less than the median income level in this area. According to the 2000 Census, the Asian headed households in the area have median household incomes of $55,136. This median income level is 11.9 percent greater than the all households reported median in the area.

While household income level experienced a decline from 2000 to 2005 in Forsyth County, North Carolina, the Race/Ethnicity category that saw the sharpest decline in the household income level was the Hispanic category. This category saw a decline of 10.4 percent since 2000. The Asian Race/Ethnicity group has been least impacted by the median income decline in Forsyth County, experiencing a 29.6 percent increase in household income level, since the year 2005.

When analyzed against other counties (and parishes) in the US, Forsyth County reported a relatively high household income of $49,253 (Adjusted to 2005 Dollars). This figure is 6.9 percent higher than the median in State of North Carolina of $45,845 and the income level is 0.2 percent higher than the median household income in the United States of $49,133.

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

Higher Education in Forsyth County, North Carolina

Since the year 2000, Forsyth has increased in the total percent of the over 25 population having a Bachelors Degree or Higher. This population group has grown by 1.4 percent to a total of 30 percent in 2005. According to the American Community Survey, the proportion of the population in 2005 with a BA or Higher is greater than the 2005 State of North Carolina percent of 25.2 and greater than the United States percent of 27.2.

In 2000, the Census reported that in Forsyth County, North Carolina, many men in the area have reached the Bachelors Degree or Higher category, with 30.4 percent receiving this level of education. The women in Forsyth have attainment on average a lower level of higher education (Bachelors or Higher) than men -- 30.4 percent (Men) versus 27.2 percent (Women). Many of the women in the area have achieved the Some College or Associates Degree category, with 28 percent of the women population in the area achieving this level of education.

From 2000 to 2005, the percent of male population that is highly educated has increased by 1.6 percent. As reported in 2005, 31.6 percent of the total male population, in the area, has obtained at least a Bachelors Degree. From 2000 to 2005, the percent of women with a Bachelors or Higher has increased by a total of 1.2 percent. By the year 2005, a total of 28.4 percent of the female population having received at least a Bachelors Degree.

Forsyth County, North Carolina has a highly-educated population, with 28.6 percent of the over 25 years old population having a Bachelors Degree or Higher, according to the 2000 Decennial Census. Forsyth was reported to have a higher percent of the population with at least a Bachelors than the State of North Carolina's proportion of 22.4 percent and a higher percent than the national average of 24.4 percent.

In Forsyth County, North Carolina as reported in the 2000 Census, 32.4 percent of the White Alone, 18 percent of Black or African American, 53.2 percent of the Asian alone and 9 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.

Demographic Profile for Forsyth County, North Carolina

In terms of total land area, Forsyth spans a total of 410 square miles. The county has a high population density of 796 persons per square mile. Similar counties in the US, in terms of density, include: -- more densely populated -- Knox, TN (796 per sq. mile ), Newport, RI (805 per sq. mile ), Emporia city, VA (811 per sq. mile ), -- less densely populated -- Collin, TX (778 per sq. mile ), Northampton, PA (770 per sq. mile ), Will, IL (768 per sq. mile ).

Since 2000, a very high amount of people migrated to Forsyth from another country. The international migration into Forsyth accounts for 4.8 percent of all immigration into North Carolina. This level of international migration can be considered very high when analyzed against the base population in the year 2005 and compared to other counties across the US.

Forsyth County, North Carolina has a population that is comprised of 62.9 percent White, 25 percent African American, 1.3 percent Asian, and 9.5 percent Hispanic. The population mix can be considered to have a high level of diversity, with 35.8 percent of the population being minorities. This is greater than the State of North Carolina percent of 29.6. Since 2000, Forsyth has increased in diversity when 32.7 percent of the population was made up of minorities.

Forsyth County, North Carolina had a population of 325,967 for the year 2005. The total population has increased sharply, since the population in 2000 of 306,931. This growth shows an increase of 6.2 percent. Forsyth ranks 6 of 100 counties in terms of population growth in North Carolina and the county ranks 184 of 3,141 counties by growth in county population in the United States.

In 2005, the Census Bureau estimated the median age in Forsyth County, North Carolina to be 36.4 years of age. The median age in Forsyth is greater than the median in North Carolina of 36.2. Since the year 2000, the area has seen an increase in this median, when at that time it was 36.0 years old. With a total of 24.7 percent of the population in the year 2005 being made up of individuals less than 18 years old, Forsyth can be understood as having a medium-high proportion of youths. The working age population group (18-64) has a medium-high representation within the estimated 2005 area population, making up 62.7 percent of the population within the age group. People 65 and older make up 12.5 percent of the population. When compared to other counties in the United States, this represents a medium-low proportion of the area population base.

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

Housing Report for Forsyth County, North Carolina

Forsyth County had a median home value in the year 2005 of $135,500, accounted by the American Community Survey. This home value is greater than the overall North Carolina 2005 home value of $127,600 and less than median home value of $167,500 for the rest of the nation in that year.

In Forsyth County, the U.S. Census Bureau, Population Division accounted for a total of 146,751 homes in 2005. The county has experienced a growth in housing units, adding all together 10,117 residential units since 2001, or 7.4 percent.

Forsyth County is made up of a medium percentage of high-priced residential real estate. In 2005, the American Community Survey accounted that 2.7 percent of the homes were valued over $500,000.

It can be understood that there is a fair amount of real estate that is affordable in Forsyth County, North Carolina. In 2005, 43 percent of housing was valued under $125k.

The owner-occupied dwellings in Forsyth County, North Carolina have moderate increases since their reported values in 2000. The values have increased by $21,500, or 18.9 percent, since their values in that year of $114,000.

When compared to other counties in North Carolina, Forsyth County ranks 35 of 100 by percentage growth in residential real estate. The county is positioned 496 of 3,141, comparing the percentage change in residential in other US counties.

Data Source: U.S. Census Bureau

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

In Forsyth County, Educational services, Management of companies and enterprises and Transportation and Warehousing industries, in terms of United States location quotient, are the most dominant in the region. The Educational services sector has a United State LQ of 2.38. The level of employment in the Educational services sector is 2.38 times greater than the US average, showing signs that Forsyth may be an exporter of products or services of Educational services.

In Forsyth County, Health care and social assistance, Manufacturing, and the Retail Trade sectors, in terms of total employment, are the largest. Health care and social assistance provides the most jobs and contributes 17.4 percent of all jobs throughout the county, totaling 28,177 individuals. The Manufacturing and Retail Trade industries make up 15.7 and 12.9 percent of all employment.

Manufacturing since the year 2001 was faced with the largest loss in employment in Forsyth County. The sector faced a loss of 4,498 jobs during the period, or 15.1 percent of the employment in the industry. This made up a total of 42.2 percent of all employment losses in the county.

Management of companies and enterprises from 2001-2005 had the highest increase in employment in Forsyth County, growing in new jobs by 114.3 percent. This is greater than the change in industry employment in the United States of 1.6 percent. The State of North Carolina experienced a sector employment shift of -11.3 percent, in the last 5 years.

Educational services is the industry with the largest establishments in Forsyth County. In the County, the industry averages 91 workers per each place of employment, being greater than the industry's average at the national level of 27 and greater than the North Carolina average of 28 for the Educational services industry.







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