In Iredell County, jobs in the office administrative services pay the highest wages

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People with jobs in the office administrative services industry had the highest average wages in Iredell County for the 2nd quarter of 2006. The average worker in the industry in Iredell County earned an annual wage of $91,839 in 2006. The average wage is greater than the industry wage rate in North Carolina of $59,502 and greater than then the pay for jobs in this industry in the United States of $61,535.

Top-pay jobs in Iredell County, North Carolina may be found in spectator sports ($73,332), hardware and plumbing merchant wholesalers ($72,179), management of companies and enterprises ($66,416) and misc. durable goods merchant wholesalers ($64,431) 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.

Iredell County Wages have increased by 17.7% Since 2001

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Since 2001, industry wages increased in Iredell County, North Carolina by a total of 17.7%. This is greater than the growth in average industry wages for North Carolina and greater 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.

Iredell County Five-Year Industry Employment Change

Total Five-Year Employment Growth in Iredell 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 1,513 employees finding new jobs in the industry. The employment growth in the Management of companies and enterprises industry makes up 13.0 percent of the total growth in Iredell County.

Top 5 Industries
1. Management of companies and enterprises (1,513 new jobs)
2. Limited-service eating places (899 new jobs)
3. Motor vehicle and parts merchant wholesalers (763 new jobs)
4. Spectator sports (708 new jobs)
5. Full-service restaurants (583 new jobs)

From the 126 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 36 showed an escalation in the number employed, while 90 industries reported employment loss in the period.

In Iredell County, North Carolina, the aggregate employment for all industry sectors has increased by 7,918 jobs from mid-2001 to mid-2006.

Total Five-Year Employment Decline in Iredell County

Given the industries in the area, the Motor vehicle parts manufacturing industry witnessed the largest drop in employment, losing a total of 812 jobs in that time period. The declines in the Motor vehicle parts manufacturing industry make up 26.0 percent of the employment lost during the period in Iredell County, North Carolina.

Top 5 Industries
1. Motor vehicle parts manufacturing (812 jobs lost)
2. Other miscellaneous manufacturing (601 jobs lost)
3. Grocery stores (385 jobs lost)
4. Fabric mills (187 jobs lost)
5. Building foundation and exterior contractors (166 jobs lost)

Iredell County Five-Year Percentage Growth in Employment

The Motor vehicle and parts merchant wholesalers industry has witnessed the largest percentage of employment expansion, increasing by 1323.1 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Iredell County has expanded faster than the growth seen in the industry for North Carolina, where this industry saw a gain of 8.3 percent. The Motor vehicle and parts merchant wholesalers industry in Iredell County outpaced the national average, which felt a gained 0.7 percent in this industry.

Top 5 Industries
1. Motor vehicle and parts merchant wholesalers (1323.1 percent gain)
2. Apparel and piece goods merchant wholesalers (1041.7 percent gain)
3. Warehousing and storage (879.6 percent gain)
4. Management of companies and enterprises (578.1 percent gain)
5. Individual and family services (516.5 percent gain)

Iredell County Five-Year Percentage Decline in Employment

The Other miscellaneous manufacturing industry has lost the largest amount of employment in terms of percentage, losing 75.7 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has seen in the North Carolina, where the industry felt a loss of 19 percent. The losses in the Other miscellaneous manufacturing industry in Iredell County outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 16 in percent of workers in the Other miscellaneous manufacturing industry.

Top 5 Industries
1. Other miscellaneous manufacturing (75.7 percent decline)
2. Drinking places, alcoholic beverages (67.6 percent decline)
3. Other personal services (65.3 percent decline)
4. Rubber product manufacturing (60.7 percent decline)
5. Motor vehicle parts manufacturing (52.8 percent decline)

The total number of jobs has increased by 16.6 percent from the reported values in 2001. These values are greater than percent in North Carolina, which went through a gain of 1.9 percent since 2001 ( 2nd Quarter). The gains the area experienced were greater than than the gain experienced overall in the US 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.

Income and Poverty in Iredell County, North Carolina

When analyzed against other counties (and parishes) in the US, Iredell County reported a relatively high median income for households of $49,046 (2005 Dollars). This median is 6.5 percent higher than the median income in State of North Carolina of $45,845 and the median household income is 0.2 percent lower than the median for the rest of the nation, which is a reported $49,133.

Hispanic Householders in Iredell County, North Carolina recorded a median income of $40,094, this median is 18.3 percent less than the areas median income level for all households. The American Indian and Alaska Native households in Iredell County reported an income level of $49,644, which was 1.2 percent greater than the median level for total households in the area. The Asian headed households reported median household incomes of $49,409. This income level is 0.7 percent greater than the reported median household income, in the area, for all households. In Iredell County, North Carolina White householders had a median income (2005 Dollars) of $52,469 according to the 2000 Dencennial Census, which was 7 percent greater than the median in 2000. Black or African American householders reported household income levels that were 37.2 percent less than the all population median published in the 2000 Census, with a median of $30,796.

As the median income level saw a decline from 2000 to 2005 in Iredell County, North Carolina, the Race/Ethnicity category that felt the biggest decline in household income was the American Indian and Alaska Native category. This category saw a decline of 69.2 percent in the last five years. The Hispanic population category was least influenced by the median household income decline in Iredell County, experiencing a 9.7 percent increase in median income, since the values reported in the 2000 Decennial Census.

The poverty rate in Iredell County, North Carolina has increased by 5.1 percent since the 2000 rates, moving from 8.2 percent to 13.3 percent.

When compared to other counties (or parishes) across the United States, Iredell County, North Carolina may be understood as having a poverty rate amid the residents with a poverty rate of 8.2 percent with a family income under the 1999 poverty level. The Black or African American race/ethnicity demographic category, owns the foremost rate of poverty with 22.6 percent of the population in 2000 living in poverty. Individuals aged 75 years and over are witness to the most percent living in poverty in Iredell County, accounting 12.9 percent of this demographic group living with incomes under poverty.

The areas median household income has declined from the values (adjusted for inflation) in 2000. The median has decreased to $44,200, which amounts to a 9.9 percent decline. Iredell County, North Carolina, in terms of percentage of decline, ranks 25 of 36 counties in percent of decline for the household income level in the State of North Carolina. Iredell County ranks 225 of 668 counties (or parishes) when analyzing the decline in median household income in the United States.

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

Higher Education in Iredell County, North Carolina

In Iredell County, North Carolina as reported in the 2000 Census, 19.2 percent of the White Alone, 5.4 percent of Black or African American, 29.2 percent of the Asian alone and 7.8 percent of the Hispanic or Latino population, over the age 25, has achieved at least a Bachelors Degree.

From 2000, Iredell has increased in the total percent of the over 25 population having a Bachelors Degree or Higher. This population group has grown by 1.2 percent to a total of 18.6 percent in 2005. According to the American Community Survey, the proportion of the population in 2005 with a BA or Higher is less than the 2005 State of North Carolina percent of 25.2 and less than the United States percent of 27.2.

From 2000 to 2005, the percent of the male population that can be considered highly educated has decreased by 1.0 percent. As reported in 2005, 18 percent of total male population (over 25), in this area, held at least a Bachelors Degree. At the same time, the percent of women (over 25) holding a BA or higher has increased by a total of 2.6 percent. By the year 2005, a total of 19 percent of the total female population achieved this high level of education.

Iredell County, North Carolina is made up of a moderately-educated population, with 17.4 percent of the over 25 years old population having a Bachelors Degree or Higher, according to the 2000 Decennial Census. Iredell 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 US proportion of 24.4 percent.

In 2000, the Census reported that in Iredell County, North Carolina, the largest educational attainment category for men is the High School Diploma category, with 31.6 percent obtaining this level of education. The women in Iredell have attainment on average a lower level of higher education (Bachelors or Higher) than men; 18.6 percent (Men) versus 16.4 percent (Women). A high proportion of the female population in the area has reached the High School Diploma category, with 32.4 percent of the female population achieving this education level.

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

Demographic Profile for Iredell County, North Carolina

When measuring the total land area, Iredell spans a total area of 576 square miles. The county has a medium-high average area density of 245 persons per square mile, in 2005. Similar counties, in terms of density, in the US include: -- more densely populated -- Bay, MI (245 per sq. mile ), Kendall, IL (248 per sq. mile ), Coweta, GA (248 per sq. mile ), -- less densely populated -- Anderson, SC (244 per sq. mile ), Kent, DE (244 per sq. mile ), Ouachita, LA (243 per sq. mile ).

In the year 2005, the population division of U.S. Census Bureau estimates the median age in Iredell County, North Carolina to be 36.8 years old. The median age in Iredell is greater than the median age for 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 36.6 years old. With a total of 25.2 percent of the population in the year 2005 being made up of individuals less than 18 years old, Iredell can be understood as having a medium-high proportion of youths. The 18 to 64 years old population group has a medium-high representation within the population, making up 62.4 percent of the population within the age category. People 65 years old and older make up 12.4 percent of the population in the area. When compared to other counties throughout the United States, this represents a medium-low proportion of the population.

Iredell County, North Carolina has a population that is made of 80.2 percent White, 12.6 percent African American, 1.5 percent Asian, and 4.8 percent Hispanic. This area can be considered to have a high level of racial and ethnic diversity, with 18.9 percent of the population made up of minorities. This is less than the State of North Carolina percent of 29.6. Since 2000, Iredell has increased in diversity when 18.3 percent of the population was made up of minorities.

From 2000, a high number of individuals have migrated to Iredell from another country. The international migration into Iredell totals 1.1 percent of immigration into the State of North Carolina. This level of international migration can be considered high when analyzed against immigration per population in 2005.

Iredell County, North Carolina had a total estimated population of 140,924 in the year 2005. The population has increased sharply, since the population in 2000 of 123,610. This growth represents an increase of 14 percent. Iredell ranks 10 of 100 counties by growth in total population in North Carolina and the county ranks 210 of 3,141 counties in terms of population growth in the United States.

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

Housing Report for Iredell County, North Carolina

Iredell County had an owner-occupied dwelling median in 2005 of $135,800, reported by the American Community Survey. This home value is greater than the overall North Carolina 2005 home median value of $127,600 and less than median owner-occupied dwelling value of $167,500 across the United States during the same year.

In Iredell County, the census reported 62,092 homes in 2005. The county has experienced a growth in housing units, adding a total of 7,685 residential structures since 2001, a change of 14.1 percent.

When compared to other counties in North Carolina, Iredell County places 7 of 100 by percentage growth in residential real estate. The county is positioned 140 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

The owner-occupied dwellings in Iredell County, North Carolina have moderate increases from the real estate values reported in 2000. The valuations have increased by $19,700, or 17 percent, since 2000 when they were valued at $116,100.

It can be understood that there is a fair amount affordable residential real estate in Iredell County, North Carolina. In 2005, 45.1 percent of housing was valued under $125k.

Iredell County can be understood as having a relatively high percentage of high-priced residential real estate. In 2005, the American Community Survey reported that 5.4 percent owner-occupied dwelling are valued over a half a million dollars.

Data Source: U.S. Census Bureau

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

Manufacturing has the largest employers in Iredell County. The industry averages 41 employees per business. This is greater than the US industry average of 39 and less than the State of North Carolina average of 53 for the Manufacturing industry.

The Manufacturing has seen the largest decrease in industry presence in Iredell County, since the year 2001, moving from making up 30.5 percent of total jobs in the year 2001 to 23.3 percent in the year 2005.

In Iredell County, Arts, entertainment, and recreation, Manufacturing and Wholesale trade industries have the highest United States location quotient (LQ). The Arts, entertainment, and recreation industry has a US LQ in the county of 2.28. In other words, the percent of total jobs in the Arts, entertainment, and recreation sector is 2.28 times greater than the US average, showing signs that Iredell County may specialize, or be an exporter of Arts, entertainment, and recreation.

Educational services has had the highest level of job growth from 2001-2005 in Iredell County, with a job growth of 184.4 percent. This is greater than the industry employment change in the United States of 13.8 percent. The State of North Carolina experienced a sector employment shift of 18.3 percent, during the time since 2001.

In Iredell County, Manufacturing, Retail Trade, and the Health care and social assistance industries are the largest employment industries. The Manufacturing provides the most jobs and contributes 23.3 percent of the total county employment. This totals 12,087 people employed. The Retail Trade and Health care and social assistance sectors provide 16 and 11.5 percent of total employment, respectively.

Manufacturing between the years 2001 and 2005, saw the greatest loss in employment in Iredell County. The industry lost a total of 2,360 jobs during the period, or 16.3 percent of the employment in the industry. This made up a total of 97.1 percent of the total loss in employment during the period.





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