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

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Individuals that are employed in the securities and commodity contracts brokerage industry reported the top wages in New Hanover County for the 2nd quarter of 2006. The average worker in the industry in New Hanover County was paid an annual wage of $117,484 in 2006. The annual wage 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 at the United States Level of $138,150.

Other high-paying jobs in New Hanover County, North Carolina exsists in pharmaceutical and medicine manufacturing ($87,847), scientific research and development services ($75,567), basic chemical manufacturing ($70,190) and other financial investment activities ($63,219) 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.

New Hanover County Wages have increased by 14.8% Since 2001

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Industry wages, from 2001 to 2006, have increased in New Hanover County, North Carolina by a total of 14.8%. 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.

New Hanover County Industry Wages Lag Behind North Carolina, and Wages Lag Behind the United States

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The average total wages in all industries in New Hanover County, North Carolina can be understood as being relatively high when analyzed with other 2nd quarter of 2006 County wages throughout the state. The average pay is 9.9 percent lower than the with an state average of $35,650. The overall industry wage was less than the overall average in the United States 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.

New Hanover County Five-Year Industry Employment Change

Total Five-Year Employment Growth in New Hanover County

From the industries (4-digit NAICS) in the area, the Scientific research and development services industry has grown the most with 1,363 jobs added during the time period. These new jobs in the Scientific research and development services industry makes up 9.8 percent of the growth in New Hanover County.

Top 5 Industries
1. Scientific research and development services (1,363 new jobs)
2. Limited-service eating places (1,136 new jobs)
3. Full-service restaurants (1,018 new jobs)
4. Building finishing contractors (773 new jobs)
5. Offices of physicians (721 new jobs)

In New Hanover County, North Carolina, the total number of jobs throughout all industries has increased by 8,186 jobs between mid-2001 and mid-2006.

From the 131 industries with industry data reported by the BLS in each quarter, 47 reported job growth in the duration of the last five years and 84 industry sectors accounting for employment declines during that time period.

Total Five-Year Employment Decline in New Hanover County

From of the area's 4-digit NAICS industries, the Management of companies and enterprises industry faced the greatest employment loss with a total loss of 675 jobs during the period. The employment lost in the Management of companies and enterprises industry make up 15.5 percent of the employment lost during the period in New Hanover County, North Carolina.

Top 5 Industries
1. Management of companies and enterprises (675 jobs lost)
2. Nonresidential building construction (410 jobs lost)
3. Employment services (369 jobs lost)
4. Electronic shopping and mail-order houses (275 jobs lost)
5. Accounting and bookkeeping services (261 jobs lost)

New Hanover County Five-Year Percentage Decline in Employment

The Electronic equipment repair and maintenance industry has lost the largest percent of jobs, losing 83.9 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 seen in the North Carolina, where the it saw a gain of 11.5 percent. The losses in the Electronic equipment repair and maintenance industry in New Hanover County outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 2.5 percent in terms of employment in the Electronic equipment repair and maintenance industry.

Top 5 Industries
1. Electronic equipment repair and maintenance (83.9 percent decline)
2. Performing arts companies (83 percent decline)
3. Druggists' goods merchant wholesalers (82.7 percent decline)
4. Beer, wine, and liquor stores (79.3 percent decline)
5. Medical equipment and supplies manufacturing (75.5 percent decline)

New Hanover County Five-Year Percentage Growth in Employment

The Activities related to credit intermediation industry has gone through the largest job growth by percent, increasing by 538.2 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in New Hanover County has added employment faster than the growth seen in the industry for North Carolina, where the industry took a loss of 1.6 percent. The Activities related to credit intermediation industry in New Hanover County outpaced the nation in terms of industry employment growth . During this period, the nation gained 49.5 percent in this industry.

Top 5 Industries
1. Activities related to credit intermediation (538.2 percent gain)
2. Alcoholic beverage merchant wholesalers (272.7 percent gain)
3. Other residential care facilities (251.9 percent gain)
4. Scientific research and development services (215.0 percent gain)
5. Outpatient care centers (178.7 percent gain)

Total employment has increased by 11 percent from the reported values in 2001. These values are greater than growth in the State of North Carolina, which saw a gain of 1.9 percent since 2001 ( 2nd Quarter). The gains in the area were greater than than the gain seen for the United States 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 New Hanover County, North Carolina

While household income level experienced a decline in the last five year in New Hanover County, North Carolina, the Race/Ethnicity category that felt the biggest decline in household income was the Hispanic Race/Ethnicity category. This group experienced a decline of 15.3 percent in the last five years. The American Indian and Alaska Native population category was least influenced by the median household income decline in New Hanover County, encountering a 6.5 percent increase in household income level, since the year 2005.

The poverty rate in New Hanover County, North Carolina has declined by 1.7 percent since the 2000 rates, moving from 13.1 percent to 11.4 percent.

Black or African American headed households had a median household income that was 38.6 percent less than the total 2000 reported median, with a their median reported to be $28,874. It was reported in 2000 that the Asian headed households had median household incomes of $45,755. This household income level is 2.7 percent less than the reported median household income for all households in the area. The American Indian and Alaska Native households in New Hanover County reported a median household income of $40,003, which was 14.9 percent less than the areas median level for all households. In New Hanover County, North Carolina White headed households reported household income (in 2005 Dollars) of $50,647 according to the 2000 Dencennial Census, which was 7.8 percent greater than the median in the year 2000. Hispanic headed households in New Hanover County, North Carolina , as reported in 2000, had a median household income of $42,686, this median household income is 9.2 percent less than the median reported for all households in the area.

When put side-by-side with other counties (or parishes) throughout the United States, New Hanover County, North Carolina may be understood as having a medium-high rate of poverty among its population, accounting a rate of 13.1 percent with a family income under the 1999 poverty level. The Black or African American race/ethnicity population cohort, has the uppermost poverty rate with 28.8 percent of the 2000 residents living in poverty. People aged 5 years are witness to the most percent living in poverty in New Hanover County, accounting 18.5 percent of the population in this age category living in poverty.

The areas median household income has declined from the inflation-adjusted values in 2000. The income level has decreased to $44,793, which represents a 4.7 percent decline. New Hanover County, North Carolina, when comparing total percent of decline, ranks 35 of 36 counties in percent of decline for the household income level in the State of North Carolina. New Hanover County ranks 480 of 668 counties (or parishes) in terms of the decline in median household income in the United States.

Compared to counties across the United States, New Hanover County reported a relatively high median household income of $47,001 (Adjusted to 2005 Dollars). This is 2.5 percent higher than the median income in State of North Carolina of $45,845 and the median household income is 4.5 percent lower 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 New Hanover County, North Carolina

Reported by the 2000 Census in New Hanover County, North Carolina, the largest educational attainment category for men is the Bachelors Degree or Higher category, with 33.2 percent obtaining this level of education. The women in New Hanover on average have achieved a lower level of higher education (Bachelors or Higher) than the men in the area: 33.2 percent (Men) versus 29 percent (Women). A high proportion of the female population in the area has reached the Some College or Associates Degree category, with 32.2 percent of women in the area reaching this education level.

Since 2000, New Hanover has increased in the total percent of the over 25 population having a Bachelors Degree or Higher. This population group has grown by 5.0 percent to a total of 36 percent in 2005, as reported by the American Community Survey. The proportion of the 2005 population having received at least a BA is greater than the State of North Carolina percent of 25.2 and greater than the national percent of 27.2.

New Hanover County, North Carolina has a highly-educated 2000 population, with 31 percent of the population over 25 years old having received at least a Bachelors Degree, according to the Decennial Census of 2000. New Hanover was reported to have a higher percent of population with this high education level than the State of North Carolina's proportion of 22.4 percent and a higher percent than the average across the nation of 24.4 percent.

In New Hanover County, North Carolina according to the Decennial Census of 2000, 34.4 percent of the White Alone, 13.2 percent of Black or African American, 48.4 percent of the Asian alone and 17 percent of the Hispanic or Latino population, over the age 25, has achieved a Bachelors Degree or Higher.

From 2000 to 2005, the percent of the male population that can be considered highly educated has increased by 6.2 percent. By 2005, 39.2 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 4.0 percent. By the year 2005, a total of 33 percent of the total female population achieved this high level of education.

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

Demographic Profile for New Hanover County, North Carolina

Since 2000, a medium-high number of individuals have migrated to New Hanover from outside the country. The immigration into New Hanover makes up 0.9 percent of all immigration into North Carolina. This level of international migration can be considered medium-high when analyzed against the base population in the year 2005 and compared to other counties across the US.

New Hanover County, North Carolina has a population that is made up of 78.7 percent White, 16.2 percent African American, 1 percent Asian, and 2.7 percent Hispanic. The area population base can be described as having a high level of diversity in terms of race and ethnicity, with 19.9 percent of minorities in the 2005 population base. This is less than the State of North Carolina percent of 29.6. Since 2000, New Hanover has stayed the same the percent of minority population when 19.9 percent of the population were minorities.

New Hanover County, North Carolina had a total estimated population of 179,553 in 2005. The estimated population has increased sharply, since the 2000 total population of 160,670. This growth signifies an increase of 11.8 percent. New Hanover ranks 7 of 100 counties when analyzing total population change in North Carolina and the county ranks 187 of 3,141 counties by growth in county population in the United States.

The population division of the Census Bureau estimates in 2005 a median age in New Hanover County, North Carolina to be 36.3 years of age. The median age in New Hanover is greater than the median age for the State of North Carolina of 36.2. Since the year 2000, the area has witnessed no change in this median, when at that time it was 36.3 years old. With 21.1 percent of the population in 2005 being comprised of children and youth younger than 18, New Hanover can be described as being made up of a medium-low percent of people under 18. The 18 to 64 years old population group has a relatively high representation within the population, making up 65.7 percent of the population makes up this age category. The retirement (65 and over) age group comprises 13.2 percent of the total population base. Compared to other counties throughout the nation, this represents a medium-low percent of the population.

When measuring the total land area, New Hanover spans a total area of 199 square miles. The land areas has a high average area density of 903 persons per square mile, in 2005. Similar counties, in terms of density, in the US include: -- more densely populated -- East Baton Rouge, LA (903 per sq. mile ), Kane, IL (926 per sq. mile ), Fayette, KY (942 per sq. mile ), -- less densely populated -- Bedford city, VA (902 per sq. mile ), Travis, TX (898 per sq. mile ), Erie, NY (891 per sq. mile ).

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

Housing Report for New Hanover County, North Carolina

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

The residential housing values in New Hanover County, North Carolina have moderate increases since the Census values accounted for in the year 2000. The values have increased by $32,000, or 23.6 percent, from their 2000 value of $135,600.

In New Hanover County, the real estate market was made up of 92,685 housing units in the year 2005. This represents a growth in housing units, adding in all 10,716 residential structures since 2001, a change of 13.1 percent.

It can be understood that there is a fair amount of affordable housing in New Hanover County, North Carolina. In 2005, 27.3 percent of residential real estate was valued under $125,000.

Throughout the State of North Carolina, New Hanover County places 10 of 100 in terms of growth of new housing structures between 2001 and 2005. The county stands 172 of 3,141, compared to change in residential structure growth in counties throughout the Unities States.

New Hanover County can be understood as having a relatively high percentage of homes that are high in price. In 2005, the American Community Survey counted that 10.1 percent residential property is valued over $500k.

Data Source: U.S. Census Bureau

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

Utilities has the largest businesses in New Hanover County. In the County, the industry averages 57 jobs per place of business. This is greater than the industry's national average of 34 and greater than the State of North Carolina establishments size average of 37 for the Utilities industry.

In New Hanover County, Retail Trade, Accommodation and food services, and the Health care and social assistance sectors are the largest industries, in terms of total number of jobs in 2005. The Retail Trade provides the most jobs and contributes 17.4 percent of all the jobs in the county. This makes up 13,727 people employed. The Accommodation and food services and Health care and social assistance industries total 15.4 and 12.2 percent of the total jobs, respectively.

Manufacturing between the years 2001 and 2005, saw the greatest loss in employment in New Hanover County. The sector dealt with a loss of 2,789 total jobs during the period, accounting for 32.2 percent of industry's employment. The industry declines made up 73.4 percent of the total jobs loss in the County.

Professional and technical services in the period of 2001 to 2005 had the largest increase in employment in New Hanover County, rising by 44.9 percent. This is greater than the industry job change at the national level of 2.6 percent. The State of North Carolina saw a change in employment in the sector of 6.9 percent, since the year 2001.

In New Hanover County, Accommodation and food services, Construction and Retail Trade are the three industries with the highest location quotients. The Accommodation and food services industry has a US LQ in the county of 1.56. The percent of employment in the Accommodation and food services sector is 1.56 times greater than the US average, showing signs that New Hanover specializes in Accommodation and food services.







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