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

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People with jobs in the securities and commodity contracts brokerage industry had the highest average wages in Monmouth County for 2006. The average industry job in Monmouth County received an annual wage of $120,551 in 2006. The average wage is greater than the average industry wage in the State of New Jersey of $113,997 and less than then the wage for jobs in this industry at the United States Level of $138,150.

Other top-pay jobs in Monmouth County, New Jersey may be found in commercial equip. merchant wholesalers ($110,817), wired telecommunications carriers ($107,852), scientific research and development services ($102,776) and textile and fabric finishing mills ($96,780) 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.

Monmouth County Wages have increased by 8.8% Since 2001

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From the second quarter of 2001 to the second quarter of 2006, industry wages have increased in Monmouth County, New Jersey by a total of 8.8%. This is less than the growth in industry wages for the State of New Jersey 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.

Monmouth County Industry Wages Lag Behind New Jersey, but Wages Exceed the United States

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Wages in all industries in Monmouth County, New Jersey can be understood as being medium-low when compared to other 2nd quarter of 2006 County wages throughout the state. The average pay is 13.5 percent lower than the state, which accounted an average of $48,393. The average pay was greater than the industry average in the US 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.

Monmouth County Five-Year Industry Employment Change

Monmouth County Five-Year Percentage Decline in Employment

The Data processing and related services industry has lost the largest amount of employment in terms of percentage, losing 90.3 percent of the jobs from 2001 to 2006. These have declined faster than the industry sector has felt in the State of New Jersey, where the industry felt a loss of 16.1 percent. The losses in the Data processing and related services industry in Monmouth County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 16.8 percent in terms of employment in the Data processing and related services industry.

Top 5 Industries
1. Data processing and related services (90.3 percent decline)
2. Support activities for air transportation (86.5 percent decline)
3. Sound recording industries (78.2 percent decline)
4. Paint, coating, and adhesive manufacturing (70.3 percent decline)
5. Computer and peripheral equipment mfg. (69 percent decline)

Employment for all industries has increased by 6.2 percent from 2001 (2nd Quarter). These figures are greater than growth in the State of New Jersey, experiencing a gain of 0.7 percent since the 2nd Quarter of 2001. The gains the area experienced were greater than than the gain seen for the United States of 2.6 percent.

Monmouth County Five-Year Percentage Growth in Employment

The Metal and mineral merchant wholesalers industry has experienced the largest percentage growth, expanding by 311.8 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Monmouth County has increased employment faster than the growth seen in the industry for New Jersey, where the industry took a loss of 13.1 percent. The Metal and mineral merchant wholesalers industry in Monmouth County outpaced the United States, which experienced a lost 4.6 percent of the industry employment.

Top 5 Industries
1. Metal and mineral merchant wholesalers (311.8 percent gain)
2. Druggists' goods merchant wholesalers (289.9 percent gain)
3. Office administrative services (173.9 percent gain)
4. Independent artists, writers, and performers (158.2 percent gain)
5. Promoters of performing arts and sports (143.4 percent gain)

Total Five-Year Employment Growth in Monmouth County

Of the industries (4-digit NAICS) in the area, the Grocery stores industry has brought the most jobs with a total of 1,790 jobs added during the time period. These new jobs in the Grocery stores industry makes up 5.5 percent of the total employment growth in Monmouth County.

Top 5 Industries
1. Grocery stores (1,790 new jobs)
2. Full-service restaurants (1,621 new jobs)
3. Limited-service eating places (1,399 new jobs)
4. Offices of physicians (1,278 new jobs)
5. Services to buildings and dwellings (1,240 new jobs)

Given the 181 4-digit NAICS industries, 71 described an expansion of jobs throughout the time period, while 110 industry sectors accounting for employment declines during that time period.

In Monmouth County, New Jersey, the total number of workers for all sectors has increased by 12,564 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.

Total Five-Year Employment Decline in Monmouth County

From of the area's 4-digit NAICS industries, the Scientific research and development services industry has lost the most employment with a total loss of 2,971 jobs during the time period. The jobs lost in the Scientific research and development services industry make up 16.5 percent of the jobs lost during the period in Monmouth County, New Jersey.

Top 5 Industries
1. Scientific research and development services (2,971 jobs lost)
2. Unclassified (2,763 jobs lost)
3. Wired telecommunications carriers (1,756 jobs lost)
4. Other general merchandise stores (1,057 jobs lost)
5. Data processing and related services (1,006 jobs lost)





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.

Monmouth County One-Year Industry Employment Change

Employment for all industries has increased by 0.4 percent since the 2nd Quarter figures of 2005. This change is less than percent in New Jersey, experiencing a gain of 1.0 percent since 2005 ( 2nd Quarter). The gains were less than than the gain felt at the national level of 2.0 percent.

Monmouth County One-Year Percentage Decline in Employment

The Other wood product manufacturing industry has lost the biggest percent of jobs, losing 67.1 percent of the jobs from 2005 to 2006. These have declined faster than the industry sector has gone through in the New Jersey, where the it saw a loss of 8.4 percent. The losses in the Other wood product manufacturing industry in Monmouth County outpaced the US in terms of percent of decline of industry employment. The US gained 1.7 percent in terms of employees in the Other wood product manufacturing industry.

Top 5 Industries
1. Other wood product manufacturing (67.1 percent decline)
2. Electrical equipment manufacturing (57.2 percent decline)
3. Sound recording industries (52 percent decline)
4. Sugar and confectionery product manufacturing (38.6 percent decline)
5. Automotive equipment rental and leasing (38 percent decline)

Monmouth County One-Year Percentage Growth in Employment

The Agents and managers for public figures industry has witnessed the largest percentage of employment expansion, increasing by 188.5 percent from 2005 to 2006. This industry in Monmouth County has expanded faster than the industry has grown in the State of New Jersey, where the industry took a gain of 13.4 percent. The Agents and managers for public figures industry in Monmouth County outpaced the United States, which experienced a gained 13.5 percent in this industry.

Top 5 Industries
1. Agents and managers for public figures (188.5 percent gain)
2. Educational support services (84.8 percent gain)
3. Petroleum merchant wholesalers (71.6 percent gain)
4. Internet publishing and broadcasting (66.7 percent gain)
5. Land subdivision (50.7 percent gain)

Of the 192 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 94 reported job growth in the duration of the year and 98 industry sectors reported declines during the time period.

In Monmouth County, New Jersey, the entire sum of jobs in all industries overall has increased by 961 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Total One-Year Employment Growth in Monmouth County

Out of the 4-digit NAICS industries, the Department stores industry has accounted the most employment growth with a total of 447 jobs added during the time period. These new jobs in the Department stores industry makes up 6.2 percent of the total employment growth in Monmouth County.

Top 5 Industries
1. Department stores (447 new jobs)
2. Residential building construction (348 new jobs)
3. Unclassified (332 new jobs)
4. Offices of physicians (331 new jobs)
5. Building foundation and exterior contractors (269 new jobs)

Total One-Year Employment Decline in Monmouth County

The Scientific research and development services industry experienced most substantial job loss, losing 449 jobs in that time period. The declines in the Scientific research and development services industry make up 7.8 percent of the employment lost during the period in Monmouth County, New Jersey.

Top 5 Industries
1. Scientific research and development services (449 jobs lost)
2. Grocery stores (405 jobs lost)
3. Employment services (378 jobs lost)
4. Building finishing contractors (283 jobs lost)
5. Wired telecommunications carriers (261 jobs lost)





About: This report is part 1 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 Monmouth County, New Jersey

As the median household income witnessed a decline during the period of 2000 to 2005 in Monmouth County, New Jersey, the Race/Ethnicity group that went through the most dramatic decline in median income was the Black or African American category. This group felt a decline of 11 percent in the last five years. The White Race/Ethnicity group has been least impacted by the median income decline in Monmouth County, undergoing a 1.4 percent increase in household income, since the reported levels in 2000.

Hispanic in Monmouth County, New Jersey reported a median household income of $54,068, this median is 28.1 percent less than reported value of the areas total household median income for all households. In Monmouth County, New Jersey White householders had a median income (2005 Dollars) of $78,171 as reported in 2000 by the census, which was 4 percent greater than the median in the year 2000. The Asian headed households reported median household incomes of $107,832. This median is 43.4 percent greater than the all households reported median in the area. The American Indian and Alaska Native households in Monmouth County had a median household income level of $56,842, this level was 24.4 percent less than the median for all households. Black or African American headed households had median income levels that were 43.3 percent less than the all population median published in the 2000 Census, with a median of $42,647.

When compared to other counties (or parishes) across the United States, Monmouth County, New Jersey can be considered to have a rate of poverty among its population, accounting a rate of 6.3 percent of the population with family incomes below the 1999 poverty level. The Black or African American race/ethnicity demographic category, owns the foremost rate of poverty with 18.2 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 Monmouth County, with 8.6 percent of this age group in the area living in poverty.

When compared to other counties (and parishes) throughout the United States, Monmouth County accounted a very high household income of $75,197 (Adjusted to 2005 Dollars). This is 14.2 percent higher than the median in State of New Jersey of $64,521 and the median household income is 34.7 percent higher than the median for the rest of the nation, which is a reported $49,133.

The rate of poverty in Monmouth County, New Jersey has declined by 0.3 percent from the levels reported in the Decennial Census of 2000, moving from 6.3 percent to 6 percent.

The areas median household income has declined a small amount from the values (adjusted for inflation) in 2000. The median has decreased to $74,798, posting a 0.5 percent decline. Monmouth County, New Jersey, when comparing total percent of decline, ranks 15 of 17 counties in percent of decline for the household income level in the State of New Jersey. Monmouth County ranks 653 of 668 counties (or parishes) when analyzing the decline in median income level for the United States.

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

Demographic Profile for Monmouth County, New Jersey

When calculating the total land area, Monmouth spans a total of 472 square miles. This area has a very high population density of 1,348 persons per square mile. Other counties with similar densities in the US include: -- more densely populated -- Oakland, MI (1,392 per sq. mile ), New Haven, CT (1,398 per sq. mile ), Sacramento, CA (1,412 per sq. mile ), -- less densely populated -- Bristol city, VA (1,344 per sq. mile ), Summit, OH (1,324 per sq. mile ), Lucas, OH (1,317 per sq. mile ).

The population division of the Census Bureau estimates in 2005 a median age in Monmouth County, New Jersey to be 39.4 years old. The median in Monmouth is greater than the median age in the State of New Jersey of 38.0. Since the year 2000, the area has seen an increase in this median, when at that time it was 37.8 years old. With a total of 25.4 percent of the population in the year 2005 being made up of individuals less than 18 years old, Monmouth can be understood as being made up of a medium-high percent of people under 18. The 18 to 64 years old population group has a medium-high presence of the 2005 population base, with 62.1 percent of the population within the age group. People 65 and older make up 12.5 percent of the population in the area. When compared to other counties throughout the United States, this represents a medium-low proportion of the area population base.

From 2000, a high amount of people have migrated to Monmouth internationally. The migration from outside the US into Monmouth totals 3.7 percent of the total migration into the State of New Jersey. This level of international migration can be considered high when comparing levels of immigration per population in 2005.

Monmouth County, New Jersey has a population that is made of 78.9 percent White, 7.6 percent African American, 4.8 percent Asian, and 7.6 percent Hispanic. The area population base can be described as having a high amount of racial and ethnic diversity, with 20.0 percent of the population being minorities. This is less than the State of New Jersey percent of 35.6. Since 2000, Monmouth has increased the level of diversity when 18.2 percent of the total population were minorities.

Monmouth County, New Jersey had an estimated population of 635,952 in 2005. The estimated population has increased, since its 2000 population of 617,275. This growth represents an increase of 3 percent. Monmouth ranks 7 of 21 counties when analyzing total population change in New Jersey and the county ranks 190 of 3,141 counties when analyzing total county population change across the nation.

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

Housing Report for Monmouth County, New Jersey

In Monmouth County, the census reported 252,569 housing units in the year 2005. This represents a growth in housing units, adding a total of 8,140 homes since 2001, or 3.3 percent.

The owner-occupied dwellings in Monmouth County, New Jersey have increased very sharply since the Census values accounted for in the year 2000. The values have increased by $218,700, or 107.7 percent, from when in 2000 they were valued at $203,100.

Monmouth County had an owner-occupied dwelling median in 2005 of $421,800, according to the American Community Survey. This home value is greater than the New Jersey 2005 home value of $333,900 and greater than median home value of $167,500 across the nation during that year.

Monmouth County can be understood as having a extremely high proportion of high-valued homes. In 2005, the American Community Survey reports that 33.9 percent residential property is valued over $500k.

The State of New Jersey, Monmouth County ranks 10 of 21 in terms of growth of new housing structures between 2001 and 2005. The county stands 1,260 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

According to the data, there is a limited amount affordable residential real estate in Monmouth County, New Jersey. In 2005, 4.1 percent of residential real estate was valued under $125,000.

Data Source: U.S. Census Bureau

Employment Report for Monmouth County, New Jersey -- Annual 2005 Industry Summary

In Monmouth County, Arts, entertainment, and recreation, Professional and technical services and Retail Trade industries, in terms of United States location quotient, are the most dominant in the region. The Arts, entertainment, and recreation industry has a US LQ in the county of 1.65. The level of employment in the Arts, entertainment, and recreation industry is 1.65 times more than the average percent in the United States, revealing signs that Monmouth may be an exporter of products or services of Arts, entertainment, and recreation.

Management of companies and enterprises is the industry that has grown the most in terms of employment from 2001-2005 in Monmouth County, with a job growth of 57.4 percent. This is greater than the change of total jobs in the industry for the United States of 1.6 percent. The State of New Jersey felt a shift in employment in the industry of 10 percent, in the last 5 years.

Utilities is the industry with the largest establishments in Monmouth County. The industry averages 42 employees per business. This is greater than the US industry average of 34 and greater than the New Jersey typical size of 41 for the Utilities industry.

Information since the year 2001 was faced with the largest loss in employment in Monmouth County. The sector dealt with a loss of 2,932 employees during the period, or 27.8 percent of the employment in the industry. This made up a total of 56.6 percent of all employment losses in the county.

In Monmouth County, Retail Trade, Health care and social assistance, and the Accommodation and food services sectors, in terms of total employment, are the largest. Retail Trade is the major employer in the county making up 18.5 percent of total employment in the county, making up 39,508 people employed. The Health care and social assistance and Accommodation and food services industries make up 15.6 and 9.5 percent of industry employment.







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