Wednesday, March 21, 2007

In Madison County, jobs in the offices of real estate agents and brokers pay the highest wages


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Individuals that are employed in the offices of real estate agents and brokers industry wages were the highest in Madison County for 2006. The average worker in the industry in Madison County was paid an annual wage of $86,293 in 2006. The annual wage is greater than the average industry wage in the State of North Carolina of $38,596 and greater than then the wage for jobs in this industry in the US of $49,699.

Other top-pay jobs in Madison County, North Carolina are present in employment services ($44,909), general freight trucking ($44,322), architectural and engineering services ($36,526) and gasoline stations ($34,810) 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.

Friday, March 09, 2007

Madison County Wages have increased by 9.7% Since 2001


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From 2001 to 2006, average industry wages increased in Madison County, North Carolina by a total of 9.7%. 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.

Friday, February 23, 2007

Madison County Five-Year Industry Employment Change

Total Five-Year Employment Decline in Madison County

Of the area's industries (4-digit NAICS), the Other specialty trade contractors industry faced the greatest employment loss with a total loss of 22 jobs in that time period. The declines in the Other specialty trade contractors industry make up 72.0 percent of the total job loss in Madison County, North Carolina.

Top 5 Industries
1. Other specialty trade contractors (22 jobs lost)
2. Utility system construction (6 jobs lost)
3. Auto parts, accessories, and tire stores (3 jobs lost)
4. Full-service restaurants (23 jobs lost)
5. Professional and similar organizations (20 jobs lost)

Total Five-Year Employment Growth in Madison County

Of the industries (4-digit NAICS) in the area, the Building equipment contractors industry has added the most employment with 37 new jobs created in the period. The job growth in the Building equipment contractors industry makes up 29.4 percent of the growth in Madison County.

Top 3 Industries
1. Building equipment contractors (37 new jobs)
2. Building foundation and exterior contractors (23 new jobs)
3. Building finishing contractors (15 new jobs)

In Madison County, North Carolina, the aggregate employment for all industry sectors has decreased by 242 jobs between mid-2001 and mid-2006.

Out of the 14 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 3 accounted an for increase in employment during the period and 10 industry sectors accounting for employment declines during that time period.

Madison County Five-Year Percentage Decline in Employment

The Other specialty trade contractors industry has lost the biggest percent of jobs, losing 42.7 percent of the jobs from 2001 to 2006. These have declined faster than the industry sector has felt in the State of North Carolina, where the industry sector experienced a gain of 29.9 percent. The losses in the Other specialty trade contractors industry in Madison County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 22.3 percent in terms of employees in the Other specialty trade contractors industry.

Top 3 Industries
1. Other specialty trade contractors (42.7 percent decline)
2. Utility system construction (26.9 percent decline)
3. Auto parts, accessories, and tire stores (14 percent decline)

Employment for all industries has decreased by 7.3 percent from 2001 (2nd Quarter). These figures are greater than percent in the State of North Carolina, which saw a gain of 1.9 percent since the 2nd Quarter of 2001. The losses were greater than than the gain seen for the United States of 2.6 percent.

Madison County Five-Year Percentage Growth in Employment

The Building foundation and exterior contractors industry has experienced the largest percentage growth, expanding by 241.4 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Madison County has grow faster than the industry has grown in the State of North Carolina, where the industry took a gain of 10.4 percent. The Building foundation and exterior contractors industry in Madison County outpaced the United States, which experienced a gained 20.8 percent of the employment in this industry.

Top 5 Industries
1. Building foundation and exterior contractors (241.4 percent gain)
2. Building finishing contractors (183.3 percent gain)
3. Offices of real estate agents and brokers (123.8 percent gain)
4. Electronic markets and agents and brokers (119.0 percent gain)
5. Building equipment contractors (92.5 percent gain)





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 Madison County, North Carolina

When analyzed against other counties (and parishes) in the US, Madison County was reported to have a medium-low median household income of $36,252 (Adjusted to 2005 Dollars). This is 26.5 percent lower than the household income median in State of North Carolina of $45,845 and the median is 35.5 percent lower than the median for the rest of the nation, which is a reported $49,133.

The American Indian and Alaska Native householders in Madison County reported a median household income of $24,863, this level was 31.4 percent less than the areas median level for all households. Black or African American headed households had a median household income that was 39.5 percent less than the all population median published in the 2000 Census, with a median of $21,938. Hispanic Householders in Madison County, North Carolina recorded a median income of $55,993, this median household income is 54.5 percent greater than the reported median household income for all households in the area. According to the 2000 Census, the Asian headed households in the area have median household incomes of $34,891. This income level is 3.8 percent less than the reported median household income, in the area, for all households. In Madison County, North Carolina White householders had a median household income (in 2005 Dollars) of $36,354 according to the Decennial Census of 2000, which was 0.3 percent greater than the median household income in 2000.

When compared to other counties (or parishes) across the United States, Madison County, North Carolina can be considered to have a medium-high rate of poverty among its population, accounting a rate of 15.4 percent of people living in a family with an income below the poverty level in 1999. The Black or African American race/ethnicity population cohort, has the uppermost poverty rate with 26.2 percent of the 2000 population living in poverty. People that are of the age 75 years and over are experiencing most percent people in poverty in Madison County, with 24.3 percent of this age cohort living in poverty.







Datasource: U.S. Bureau of the Census. 2000 Decennial Census.

Tuesday, December 19, 2006

Higher Education in Madison County, North Carolina

In 2000, the Census reported that in Madison County, North Carolina, a high proportion of the male population in the area have reached the Less than High School category, with 33.2 percent obtaining this level of education. The women in Madison have attainment on average a greater level of higher education (Bachelors or Higher) than the men in the area: 15.6 percent (Men) versus 16.6 percent (Women). A high proportion of the female population in the area has reached the High School Diploma category, with 32 percent of women in the area reaching this education level.

Madison County, North Carolina has a moderately-educated population of the working age, with 16.2 percent of the population (+25) having received at least a Bachelors Degree, as reported in the Decennial Census of 2000. Madison 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.

In Madison County, North Carolina according to the Decennial Census of 2000, 16.2 percent of the White Alone, 5 percent of Black or African American, 10.4 percent of the Asian alone and 19 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.

Tuesday, November 28, 2006

Demographic Profile for Madison County, North Carolina

In the year 2005, the population division of U.S. Census Bureau estimates the median age in Madison County, North Carolina to be 39.8 years of age. The median age in Madison is greater than the median age for the State of North Carolina of 36.2. Since the year 2000, the area has seen an increase in the median age, at that time the median was 39.5 years of age. With a total of 20.9 percent of the population in 2005 being comprised of children and youth younger than 18, Madison can be described as having a medium-low proportion of youths. The working age population group (18-64) has a medium-high representation within the estimated 2005 area population, making up 62.5 percent of the population makes up this age category. The retirement (65 and over) age group comprises 16.6 percent of the population in the area. When compared to other counties throughout the United States, this represents a medium-high percent of the population base.

Madison County, North Carolina had a total estimated population of 20,256 for the year 2005. The total population has increased, since the 2000 total population of 19,701. This growth signifies an increase of 2.8 percent. Madison ranks 72 of 100 counties in terms of population growth in North Carolina and the county ranks 1,364 of 3,141 counties in terms of population growth in the United States.

In terms of total land area, Madison spans a total area of 449 total square miles. The area has a low average population density of 45 persons per square mile. Other counties with similar densities in the US include: -- more densely populated -- Buffalo, NE (45 per sq. mile ), Laclede, MO (45 per sq. mile ), Freeborn, MN (45 per sq. mile ), -- less densely populated -- Lewis, WV (45 per sq. mile ), Hardin, TN (45 per sq. mile ), Crawford, IL (45 per sq. mile ).

From 2000, a medium-low number of individual migrated to the Madison internationally. The migration from outside the US into Madison makes up 0 percent of all immigration into North Carolina. This percent of international migration is medium-low when comparing levels of immigration per population in 2005.

Madison County, North Carolina has a population that is comprised of 96.4 percent White, 1 percent African American, 0.4 percent Asian, and 1.6 percent Hispanic. The area can be described as having a very modest level of diversity in terms of race and ethnicity, with 3.0 percent of the population being minorities. This is less than the State of North Carolina percent of 29.6. Since 2000, Madison has increased in diversity when 2.6 percent of the population was made up of minorities.

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

Friday, November 10, 2006

Housing Report for Madison County, North Carolina

Madison County recorded a median home value in 2000 of $94,600, reported by the Decennial Census. This home value is less than the overall State of North Carolina 2000 median home value of $108,300 and less than median home value of $119,600 across the nation during that year.

When compared to other counties in North Carolina, Madison County is positioned 56 of 100 in terms of percentage growth in new housing structures. The county ranks 890 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

Madison County has a small, but present percentage of high-priced residential real estate. In 2000, the Decennial Census reports that 0.7 percent owner-occupied dwelling are valued over a half a million dollars.

There is a large amount of housing that is affordable in Madison County, North Carolina. In 2000, 71.1 percent of residential real estate was valued under $125,000.

In Madison County, the real estate market was made up of 10,453 homes in the year 2005. This county has gone through a growth in housing units, adding in all 478 residential structures since 2001, a change of 4.8 percent.



Data Source: U.S. Census Bureau

Monday, October 30, 2006

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

In Madison County, Manufacturing, Retail Trade, and the Accommodation and food services sectors are the largest industries, in terms of total number of jobs in 2005. The Manufacturing provides the most jobs and contributes 15.2 percent of all the jobs in the county. This makes up 475 people employed. The Retail Trade and Accommodation and food services sectors account for 10 and 9.2 percent of all employment.

Other services, except public administration has grown in employment, since the year 2001, more than any other industry in Madison County, increasing by 15.6 percent. This is greater than the United States change in the sector jobs of 2.8 percent. The State of North Carolina experienced a sector employment shift of 0 percent, in the last 5 years.

In Madison County, Arts, entertainment, and recreation, Manufacturing and Construction are the three industries with the highest location quotients. The Arts, entertainment, and recreation industry has a US LQ in the county of 2.53. The percent of employment in the Arts, entertainment, and recreation sector is 2.53 times more than the average percent in the United States, revealing signs that Madison may be an exporter of products or services of Arts, entertainment, and recreation.

Manufacturing between the years 2001 and 2005, saw the greatest loss in employment in Madison County. The industry was hit with a loss of 287 employees during the period, or 37.7 percent of industry's employment. The industry declines made up 51.1 percent of the total jobs loss in the County.

The Manufacturing sector has decreased the most in local industry presence in Madison County, since the year 2001, moving from making up 23.4 percent of total employment for the year 2001 to 15.2 percent of total employment in the year 2005.

Manufacturing is the industry with the largest establishments in Madison County. The industry averages 26 workers per each place of employment, being less than the industry's national average of 39 and less than the State of North Carolina average establishment size of 53 for the Manufacturing industry.





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

 

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