In Passaic 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 Passaic County for 2006. The average industry job in Passaic County earned an annual wage of $125,982 in 2006. The annual wage is greater than the industry pay the State of New Jersey of $113,997 and less than then the wage for jobs in this industry in the US of $138,150.

Other high-paying jobs in Passaic County, New Jersey are present in pharmaceutical and medicine manufacturing ($113,408), business, computer and management training ($110,905), management of companies and enterprises ($105,329) and petroleum and coal products manufacturing ($105,202) industries. Note: Click the above Graphic 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.

Passaic County Wages have increased by 14.2% Since 2001

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Industry wages, from 2001 to 2006, have increased in Passaic County, New Jersey by a total of 14.2%. This is less than the growth in wages for the State of New Jersey 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.

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

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Wages in all industries in Passaic County, New Jersey when analyzed can be described as medium-low when compared to other 2nd quarter of 2006 County wages throughout the state. The average pay is 13.1 percent lower than the reported averages in the state of $48,393. The industry 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.

Passaic County Five-Year Industry Employment Change

Of the 162 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 75 described an expansion of jobs throughout the time period, while 87 industries reported employment loss in the period.

In Passaic County, New Jersey, the total number of jobs throughout all industries has decreased by 2,253 jobs from mid-2001 to mid-2006.

Total Five-Year Employment Decline in Passaic County

Of the area's industries (4-digit NAICS), the Unclassified industry faced the greatest employment loss with a total loss of 1,473 jobs during the period. The employment lost in the Unclassified industry make up 8.8 percent of the jobs lost during the period in Passaic County, New Jersey.

Top 5 Industries
1. Unclassified (1,473 jobs lost)
2. Accounting and bookkeeping services (1,102 jobs lost)
3. Insurance carriers (1,039 jobs lost)
4. Other general merchandise stores (1,033 jobs lost)
5. Textile and fabric finishing mills (807 jobs lost)

Total Five-Year Employment Growth in Passaic County

Of the industries (4-digit NAICS) in the area, the Limited-service eating places industry has accounted the most employment growth with a total of 1,943 employees finding new jobs in the industry. The employment growth in the Limited-service eating places industry makes up 10.0 percent of the growth in Passaic County.

Top 5 Industries
1. Limited-service eating places (1,943 new jobs)
2. Management of companies and enterprises (1,726 new jobs)
3. Depository credit intermediation (1,422 new jobs)
4. Grocery stores (1,195 new jobs)
5. Employment services (798 new jobs)

Passaic County Five-Year Percentage Growth in Employment

The Private households industry has experienced the largest percentage growth, expanding by 238.1 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Passaic County has grow slower than the industry has grown in the State of New Jersey, where it saw a gain of 254.3 percent. The Private households industry in Passaic County outpaced the nation in terms of industry employment growth . During this period, the nation gained 19.8 percent.

Top 5 Industries
1. Private households (238.1 percent gain)
2. Social advocacy organizations (191.5 percent gain)
3. Other ambulatory health care services (180.5 percent gain)
4. Museums, historical sites, zoos, and parks (152.4 percent gain)
5. Paper and paper product merchant wholesalers (133.1 percent gain)

Passaic County Five-Year Percentage Decline in Employment

The Basic chemical manufacturing industry has seen the largest percentage drop in employment, losing 86 percent of the jobs from 2001 to 2006. These have declined faster than the industry has seen in the New Jersey, where the it saw a loss of 23.8 percent. The losses in the Basic chemical manufacturing industry in Passaic County outpaced the United States industry losses overall. During this period, the United States lost 19.6 percent in terms of employment in the Basic chemical manufacturing industry.

Top 5 Industries
1. Basic chemical manufacturing (86 percent decline)
2. Unclassified (78.9 percent decline)
3. Insurance carriers (70.7 percent decline)
4. Highway, street, and bridge construction (70 percent decline)
5. Business support services (60.1 percent decline)

Employment for all industries has decreased by 1.5 percent from the reported values in 2001. These values are greater than percent in the State of New Jersey, which saw a gain of 0.7 percent since 2001 ( 2nd Quarter). The losses the area experienced were greater than than the gain felt at the national level 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.

Passaic County One-Year Industry Employment Change

Passaic County One-Year Percentage Growth in Employment

The Colleges and universities industry has seen the largest percentage job growth, expanding by 593.4 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Passaic County has expanded faster than the overall industry growth seen in the State of New Jersey, where it saw a gain of 4.7 percent. The Colleges and universities industry in Passaic County outpaced the United States, which experienced a gained 2.7 percent in this industry.

Top 5 Industries
1. Colleges and universities (593.4 percent gain)
2. Greenhouse and nursery production (274.1 percent gain)
3. Other ambulatory health care services (228.5 percent gain)
4. Telecommunications resellers (162.5 percent gain)
5. Misc. durable goods merchant wholesalers (158.3 percent gain)

Passaic County One-Year Percentage Decline in Employment

The Other motor vehicle dealers industry has lost the biggest percent of jobs, losing 64.3 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry sector has felt in the State of New Jersey, where the industry felt a loss of 2.7 percent. The losses in the Other motor vehicle dealers industry in Passaic County outpaced the United States industry losses overall. During this period, the United States gained 1.9 in percent of jobs in the Other motor vehicle dealers industry.

Top 5 Industries
1. Other motor vehicle dealers (64.3 percent decline)
2. Unclassified (63.3 percent decline)
3. General freight trucking (41.4 percent decline)
4. Accounting and bookkeeping services (39.6 percent decline)
5. Home furnishings stores (37.2 percent decline)

Total industry employment has increased by 0.1 percent since the 2nd Quarter of 2005. This is less than percent in New Jersey, which saw a gain of 1.0 percent from the 2nd Quarter of 2005. The gains in the area were less than than the gain experienced overall in the US of 2.0 percent.

From the 184 industries with industry data reported by the BLS in each quarter, 77 reported job growth in the duration of the year and 106 industries reported employment loss in the period.

In Passaic County, New Jersey, the aggregate employment for all industry sectors has increased by 177 total jobs from 2005 to 2006.

Total One-Year Employment Decline in Passaic County

The Employment services industry has lost the most employment with a total loss of 1,233 jobs during the period. The employment lost in the Employment services industry make up 15.5 percent of the jobs lost during the period in Passaic County, New Jersey.

Top 5 Industries
1. Employment services (1,233 jobs lost)
2. Accounting and bookkeeping services (732 jobs lost)
3. Unclassified (678 jobs lost)
4. Home furnishings stores (560 jobs lost)
5. General freight trucking (520 jobs lost)

Total One-Year Employment Growth in Passaic County

Of the industries (4-digit NAICS) in the area, the Misc. durable goods merchant wholesalers industry has grown the most with 864 total jobs brought in during the period. The growth in the Misc. durable goods merchant wholesalers industry makes up 9.9 percent of the total growth in Passaic County.

Top 5 Industries
1. Misc. durable goods merchant wholesalers (864 new jobs)
2. Grocery stores (537 new jobs)
3. Colleges and universities (477 new jobs)
4. Department stores (383 new jobs)
5. Commercial equip. merchant wholesalers (351 new jobs)





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 Passaic County, New Jersey

Compared to other counties (and parishes) throughout the nation, Passaic County was reported to have a relatively high household income of $57,576 (Adjusted to 2005 Dollars). This figure is 12.1 percent lower than the median in State of New Jersey of $64,521 and the median is 14.7 percent higher than the median household income level in the US of $49,133.

The rate of poverty in Passaic County, New Jersey has increased by 2.3 percent since the amounts published in 2000, moving from 12.3 percent to 14.6 percent.

The median household income has declined from the inflation-adjusted 2000 income levels. The income level has decreased to $51,016, representing a 11.4 percent decline. Passaic County, New Jersey, in terms of percentage of decline, ranks 1 of 17 counties in percent of decline for household income in New Jersey. Passaic County ranks 165 of 668 counties (or parishes) in terms of the decline in median household income in the United States.

As the median income level saw a decline during the period of 2000 to 2005 in Passaic County, New Jersey, the Race/Ethnicity group that experienced the largest decline in the household income level was the Hispanic Race/Ethnicity category. This category went through a decline of 17.9 percent from 2000 to 2005. The Asian Race/Ethnicity group has been least impacted by the median income decline in Passaic County, seeing a 16 percent increase in household income level, since the year 2005.

Contrasted against to other counties (or parishes) throughout the US, Passaic County, New Jersey can be recognized as having a medium-low rate of poverty among the people, accounting a rate of 12.3 percent with a family income under the 1999 poverty level. The Black or African American race/ethnicity population category, holds the highest rate of poverty with 24.3 percent of the 2000 residents living in poverty. People aged Under 5 years have the largest percent of population in poverty in Passaic County, with 18.6 percent of the population in this age category living in poverty.

The Asian headed households reported median household incomes of $73,937. This household income level is 28.4 percent greater than the all households reported median in the area. Hispanic in Passaic County, New Jersey recorded a median income of $44,446, this median is 22.8 percent less than the reported median household income for all households in the area. The American Indian and Alaska Native households in Passaic County had a median household income level of $55,993, which was 2.7 percent less than the areas median level for all households. Black or African American householders reported household income levels that were 34.3 percent less than the all population median published in the 2000 Census, with a median of $37,855. In Passaic County, New Jersey White headed households reported household income (in 2005 Dollars) of $65,476 as reported by the Decennial Census of 2000, which was 13.7 percent greater than the median household income in 2000.

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

Higher Education in Passaic County, New Jersey

In Passaic County, New Jersey as reported in the Census of the year 2000, 25.4 percent of the White Alone, 8.6 percent of Black or African American, 48.4 percent of the Asian alone and 7.8 percent of the Hispanic or Latino (+25) population has achieved at least a Bachelors Degree.

Passaic County, New Jersey has a highly-educated 2000 population, with 21.2 percent of the population (+25) having received at least a Bachelors Degree, as reported in the Decennial Census of 2000. Passaic is reported having a lower percent of the population with at least a Bachelors than the State of New Jersey's proportion of 29.8 percent and a lower percent than the average across the nation of 24.4 percent.

Reported by the 2000 Census in Passaic County, New Jersey, many men in the area have reached the High School Diploma category, with 30 percent reaching this education level. The female population in Passaic have on average achieved a lower level of higher education (Bachelors or Higher) than men; 22.8 percent (Men) versus 19.8 percent (Women). The largest educational attainment category for women in this areas is High School Diploma category, with 32.4 percent of the female population achieving this education level.

Since 2000, Passaic has increased in the total percent of the over 25 population having a Bachelors Degree or Higher. This population group has grown by 2.8 percent to a total of 24 percent in 2005. The American Community Survey reports that the proportion of the 2005 population that is highly educated is less than the 2005 State of New Jersey percent of 34.2 and less than the average US percent of 27.2.

From 2000 to 2005, the percent of the male population that can be considered highly educated has increased by 2.2 percent. As reported in 2005, 25.2 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 3.4 percent. By 2005, a total of 23.2 percent of the women in the population had received a Bachelors Degree or Higher.

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

Demographic Profile for Passaic County, New Jersey

Estimated since the year 2000, a very high amount of people have migrated to Passaic internationally. The migration from outside the US into Passaic accounts for 8.2 percent of the total international migration into the State of New Jersey. This level of international migration can be considered very high when comparing levels of immigration per population in 2005.

Passaic County, New Jersey had an estimated population of 499,060 in 2005. The total population has increased, since the population in 2000 of 491,080. This growth shows an increase of 1.6 percent. Passaic ranks 14 of 21 counties by growth in total population in New Jersey and the county ranks 372 of 3,141 counties when calculating the total change in county population across the US.

Passaic County, New Jersey has a population that is made up of 48.9 percent White, 11.9 percent African American, 4.2 percent Asian, and 33.9 percent Hispanic. The area population base can be described as having a very high level of racial and ethnic diversity, with 50.0 percent of minorities in the 2005 population base. This is greater than the State of New Jersey percent of 35.6. Since 2000, Passaic has increased the percent of minority makeup when 46.6 percent of the population were minorities.

In 2005, the Census Bureau estimated the median age in Passaic County, New Jersey to be 35.5 years of age. The median age in Passaic is less than the median age for the State of New Jersey of 38.0. Since 2000, the area has experienced an increase in the median age, at that time the median was 34.7 years old. With 27.2 percent of the population in the year 2005 being made up of individuals less than 18 years old, Passaic can be understood as having a relatively high proportion of youths. The 18 to 64 years old population group has a medium-low representation within the population, making up 61.1 percent of the population within the age group. People 65 and older make up 11.7 percent of the population. When compared to other counties in the United States, this represents a medium-low percent of the population base.

When calculating the total land area, Passaic spans a total of 185 square miles. The county has a very high density of 2,693 persons per square mile, in 2005. Other US counties with similar densities include: -- more densely populated -- DuPage, IL (2,785 per sq. mile ), Cuyahoga, OH (2,912 per sq. mile ), Delaware, PA (3,016 per sq. mile ), -- less densely populated -- Dallas, TX (2,621 per sq. mile ), Fairfax, VA (2,548 per sq. mile ), DeKalb, GA (2,528 per sq. mile ).

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

Housing Report for Passaic County, New Jersey

Passaic County recorded median owner-occupied home value in the year 2005 of $362,500, according to the American Community Survey. This median is greater than the overall State of New Jersey 2005 home value of $333,900 and greater than median home value of $167,500 across the nation during that year.

The owner-occupied dwellings in Passaic County, New Jersey have increased sharply from the real estate values reported in 2000. The valuations have increased by $171,900, or 90.2 percent, from their 2000 value of $190,600.

When compared to other counties in New Jersey, Passaic County is positioned 21 of 21 in terms of percentage growth in new housing structures. The county ranks 2,777 of 3,141, comparing the percentage change in residential in other US counties.

In Passaic County, the real estate market was made up of 171,315 homes in 2005. The county has experienced a growth in housing units, adding a sum of 1,218 residential units since 2001, or 0.7 percent.

It can be understood that there is a limited amount of affordable housing in Passaic County, New Jersey. In 2005, 2.6 percent of housing was valued under $125k.

Passaic County is made up of a very high percentage of high-priced residential real estate. In 2005, the American Community Survey counted that 19 percent owner-occupied dwelling are valued over a half a million dollars.

Data Source: U.S. Census Bureau

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

Management of companies and enterprises has the largest employers in Passaic County. The industry averages 187 jobs per place of business. This is greater than the industry's average at the national level of 40 and greater than the New Jersey establishments size average of 82 for the Management of companies and enterprises industry.

Manufacturing since the year 2001 lost the most jobs in Passaic County. The sector dealt with a loss of 6,634 total jobs during the period, accounting for 22.8 percent of jobs in the industry. The losses in this industry made up 72.3 percent of the total loss in employment during the period.

Mining is the industry that has seen the largest increase in jobs from the year 2001 to the present in Passaic County, rising by 42.3 percent. This is greater than the national sector change of 4.7 percent. The State of New Jersey felt a shift in employment in the industry of -3.7 percent, in the last 5 years.

In Passaic County, Management of companies and enterprises, Wholesale trade and Retail Trade are the three industries with the highest location quotients. The Management of companies and enterprises sector has a United State LQ of 1.87. The level of employment in the Management of companies and enterprises industry is 1.87 times more than the average percent in the United States, revealing signs that Passaic specializes in Management of companies and enterprises.

In Passaic County, Retail Trade, Manufacturing, and the Health care and social assistance industries have the largest percent of jobs of all industries. The Retail Trade provides the most jobs and contributes 17 percent of all the jobs in the county. This makes up 24,837 jobs. The Manufacturing and Health care and social assistance industries make up 15.4 and 14.7 percent of the total jobs, respectively.







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