In Torrance County, jobs in the other specialty trade contractors pay the highest wages

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People with jobs in the other specialty trade contractors industry had the highest average wages in Torrance County for the 2nd quarter of 2006. The average worker in the industry in Torrance County received a wage of $36,367 in 2006. The average wage is greater than the industry wage rate in New Mexico of $33,812 and less than then the wage for jobs in this industry in the US of $39,240.

High-wage employment in Torrance County, New Mexico are present in auto parts, accessories, and tire stores ($34,335), specialized freight trucking ($33,698), general freight trucking ($28,648) and oilseed and grain farming ($26,368) 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.

Torrance County Wages have increased by 45.3% Since 2001

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Since 2001, industry wages increased in Torrance County, New Mexico by a total of 45.3%. This is greater than the growth in wages for the State of New Mexico and greater 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.

Torrance County Industry Wages Lag Behind New Mexico, and Wages Lag Behind the United States

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The average total wages in all industries in Torrance County, New Mexico can be described as relatively high when compared to other 2nd quarter of 2006 County wages throughout the state. The average pay is 17.2 percent lower than the with an state average of $32,032. The industry pay was less than the national industry average 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.

Torrance County Five-Year Industry Employment Change

Total industry employment has increased by 10 percent from 2001 (2nd Quarter). These figures are less than percent in New Mexico, which saw a gain of 10.5 percent from the 2nd Quarter of 2001. The gains were greater than than the gain seen for the United States of 2.6 percent.

Torrance County Five-Year Percentage Decline in Employment

The Limited-service eating places industry has seen the largest percentage drop in employment, losing 61.1 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 experienced in the State of New Mexico, where the industry reported a gain of 14.6 percent. The losses in the Limited-service eating places industry in Torrance County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 13.9 in percent of jobs in the Limited-service eating places industry.

Top 5 Industries
1. Limited-service eating places (61.1 percent decline)
2. Building foundation and exterior contractors (39.3 percent decline)
3. Auto parts, accessories, and tire stores (35.4 percent decline)
4. Full-service restaurants (26.1 percent decline)
5. Building equipment contractors (14.8 percent decline)

Torrance County Five-Year Percentage Growth in Employment

The Cattle ranching and farming industry has seen the largest percentage job growth, expanding by 27.1 percent from 2001 to 2006. This industry in Torrance County has expanded faster than the industry has grown in the State of New Mexico, where it saw a gain of 20.1 percent. The Cattle ranching and farming industry in Torrance County outpaced the United States, which experienced a gained 14.5 percent.

Top 4 Industries
1. Cattle ranching and farming (27.1 percent gain)
2. Gasoline stations (18.4 percent gain)
3. General freight trucking (7.7 percent gain)
4. Utility system construction (2.2 percent gain)

Total Five-Year Employment Growth in Torrance County

Out of the 4-digit NAICS industries, the Gasoline stations industry has brought the most jobs with a total of 32 new jobs created in the period. The job growth in the Gasoline stations industry makes up 67.4 percent of the growth in Torrance County.

Top 5 Industries
1. Gasoline stations (32 new jobs)
2. Cattle ranching and farming (13 new jobs)
3. General freight trucking (2 new jobs)
4. Limited-service eating places (63 new jobs)
5. Full-service restaurants (52 new jobs)

From the 10 industries with industry data reported by the BLS in each quarter, 6 accounted an for increase in employment during the period and 4 industries reported employment loss in the period.

In Torrance County, New Mexico, the entire sum of jobs in all industries overall has increased by 215 jobs between mid-2001 and mid-2006.

Total Five-Year Employment Decline in Torrance County

The Limited-service eating places industry has lost the most employment with a total loss of 78 jobs during the time period. The jobs lost in the Limited-service eating places industry make up 60.5 percent of the employment lost during the period in Torrance County, New Mexico.

Top 4 Industries
1. Limited-service eating places (78 jobs lost)
2. Full-service restaurants (32 jobs lost)
3. Building foundation and exterior contractors (7 jobs lost)
4. Building equipment contractors (6 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.

Torrance County One-Year Industry Employment Change

Total One-Year Employment Decline in Torrance County

The Limited-service eating places industry witnessed the largest drop in employment, losing a total of 7 jobs during the period. The employment lost in the Limited-service eating places industry make up 50.0 percent of the employment lost during the period in Torrance County, New Mexico.

Top 5 Industries
1. Limited-service eating places (7 jobs lost)
2. Building foundation and exterior contractors (5 jobs lost)
3. Full-service restaurants (2 jobs lost)
4. Misc. nondurable goods merchant wholesalers (20 jobs lost)
5. Full-service restaurants (14 jobs lost)

Of the 13 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 3 reported job growth in the duration of the year and 9 industry sectors reported declines during the time period.

In Torrance County, New Mexico, the entire sum of jobs in all industries overall has increased by 114 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Total One-Year Employment Growth in Torrance County

Of the industries (4-digit NAICS) in the area, the Gasoline stations industry has brought the most jobs with a total of 18 employees finding new jobs in the industry. The employment growth in the Gasoline stations industry makes up 34.6 percent of the total employment growth in Torrance County.

Top 3 Industries
1. Gasoline stations (18 new jobs)
2. Cattle ranching and farming (14 new jobs)
3. Building equipment contractors (6 new jobs)

Total industry employment has increased by 5.1 percent from 2005 (2nd Quarter). These figures are greater than percent in the State of New Mexico, which saw a gain of 4.5 percent from 2005 (2nd Quarter). The gains the area experienced were greater than than the gain experienced overall in the US of 2.0 percent.

Torrance County One-Year Percentage Growth in Employment

The Accounting and bookkeeping services industry has gone through the largest job growth by percent, increasing by 47.1 percent from 2005 to 2006. This industry in Torrance County has grow faster than the overall industry growth seen in the State of New Mexico, where the industry took a gain of 15.3 percent. The Accounting and bookkeeping services industry in Torrance County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 3.8 percent of the industry employment.

Top 5 Industries
1. Accounting and bookkeeping services (47.1 percent gain)
2. Utility system construction (34.3 percent gain)
3. Cattle ranching and farming (28.9 percent gain)
4. Building equipment contractors (20.9 percent gain)
5. Oilseed and grain farming (14.9 percent gain)

Torrance County One-Year Percentage Decline in Employment

The Building foundation and exterior contractors industry has seen the largest percentage drop in employment, losing 32 percent of the jobs from 2005 to 2006. These have declined faster than the industry has seen in the New Mexico, where the industry sector experienced a gain of 11.9 percent. The losses in the Building foundation and exterior contractors industry in Torrance County outpaced the US in terms of percent of decline of industry employment. The US gained 5 in percent of jobs in the Building foundation and exterior contractors industry.

Top 3 Industries
1. Building foundation and exterior contractors (32 percent decline)
2. Limited-service eating places (12.4 percent decline)
3. Full-service restaurants (1.8 percent decline)





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.

Higher Education in Torrance County, New Mexico

Torrance County, New Mexico is made up of a moderately-educated working age population, with 14.4 percent of the population (+25) having received at least a Bachelors Degree, as reported in the Decennial Census of 2000. Torrance has a lower percent of population with this high education level than the State of New Mexico's proportion of 23.4 percent and a lower percent than the average across the nation of 24.4 percent.

In Torrance County, New Mexico according the 2000 Decennial Census, 16.4 percent of the White Alone, 1 percent of Black or African American, 48.2 percent of the Asian alone and 4.8 percent of the Hispanic or Latino (+25) population has achieved at least a Bachelors Degree.

According to the 2000 Decennial Census in Torrance County, New Mexico, a high proportion of the male population in the area have reached the High School Diploma category, with 32.8 percent reaching this education level. The female population in Torrance have on average achieved a greater level of higher education (Bachelors or Higher) than men; 13.2 percent (Men) versus 15.8 percent (Women). A high proportion of the female population in the area has reached the High School Diploma category, with 33.2 percent of the areas female population attaining this level of education.





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

Demographic Profile for Torrance County, New Mexico

When measuring the total land area, Torrance spans a total of 3345 square miles. This area has a very low population density of 5 persons per square mile, in 2005. Similar counties, in terms of density, in the US include: -- more densely populated -- Benson, ND (5 per sq. mile ), Custer, SD (5 per sq. mile ), Kearny, KS (5 per sq. mile ), -- less densely populated -- Shoshone, ID (5 per sq. mile ), Churchill, NV (5 per sq. mile ), Huerfano, CO (5 per sq. mile ).

Torrance County, New Mexico has a population that is made of 55.7 percent White, 2.6 percent African American, 0.4 percent Asian, and 38.4 percent Hispanic. The population mix can be considered to have a very high amount of racial and ethnic diversity, with 41.4 percent of the population made up of minorities. This is less than the State of New Mexico percent of 46.4. Since 2000, Torrance has increased in diversity when 39.4 percent of the people were minorities.

Estimated since the year 2000, a medium-high number of individual migrated to the Torrance internationally. The international migration into Torrance accounts for 0.4 percent of the total migration into the State of New Mexico. This percent of international migration is medium-high when comparing levels of immigration per population in 2005.

Torrance County, New Mexico had a total estimated population of 17,501 in 2005. The estimated population has increased, from the population in the year 2000 of 16,979. This growth signifies an increase of 3.1 percent. Torrance ranks 16 of 33 counties when calculating total change in population for New Mexico and the county ranks 1,386 of 3,141 counties when analyzing total county population change across the nation.

In 2005, the Census Bureau estimated the median age in Torrance County, New Mexico to be 37.4 years of age. The median in Torrance is greater than the median age in New Mexico of 36.2. Since 2000, the area has experienced an increase in the median age, at that time the median was 34.8 years of age. With a total of 24.2 percent of the 2005 population being made up of children and youth younger than 18, Torrance can be understood as having a medium-high proportion of youths. The working age population group (18-64) has a relatively high presence of the population, with 65 percent of the population falling in this age category. The retirement (65 and over) group makes up 10.8 percent of the population. When compared to other counties in the United States, this represents a medium-low proportion of the population.

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

Housing Report for Torrance County, New Mexico

In Torrance County, there were a total of 7,557 housing units in the year 2005. This represents a growth in housing units, adding a sum of 139 residential structures since 2001, a change of 1.9 percent.

Torrance County had an owner-occupied dwelling median in 2000 of $82,800, according to the Decennial Census. This is less than the overall New Mexico 2000 home median value of $108,100 and less than median owner-occupied dwelling value of $119,600 across the nation during that year.

Throughout the State of New Mexico, Torrance County places 26 of 33 by percent in growth of new residential structures. The county places 2,030 of 3,141, compared to change in residential structure growth in counties throughout the Unities States.

Torrance County can be understood as having a small, but present percentage of high-priced residential real estate. In 2000, the Decennial Census accounted that 0.6 percent residential property is valued over $500k.

It can be understood that there is a large amount of housing that is affordable in Torrance County, New Mexico. In 2000, 78.6 percent of the homes were valued under $125,000.



Data Source: U.S. Census Bureau

Employment Report for Torrance County, New Mexico -- Annual 2005 Industry Summary

Construction in the period of 2001 to 2005 had the largest increase in employment in Torrance County, increasing by 46.6 percent. This is greater than the rate of employment change across the nation of 7.3 percent. The State of New Mexico felt a shift in employment in the industry of 15 percent, in the last 5 years.

The Accommodation and food services has seen the largest decrease in industry presence in Torrance County, from the year 2001 to 2005, accounting for 14.3 percent of total employment in 2001 to 0 percent of total employment in the year 2005.

In Torrance County, Retail Trade, Construction, and the Agriculture, forestry, fishing and hunting sectors, in terms of total employment, are the largest. Retail Trade is the major employer in the county making up 23 percent of the total county employment. This totals 527 jobs. The Construction and Agriculture, forestry, fishing and hunting sectors account for 9.5 and 4.6 percent of industry employment.

Retail Trade has the largest businesses in Torrance County, with the industry averaging 16 employees per business. This is greater than the industry's average at the national level of 15 and greater than the New Mexico establishments size average of 15 for the Retail Trade industry.

In Torrance County, Agriculture, forestry, fishing and hunting, Retail Trade and Construction have the highest US LQ in 2005. The Agriculture, forestry, fishing and hunting industry has an LQ of 4.36. The level of employment in the Agriculture, forestry, fishing and hunting industry is 4.36 times greater than the US average, showing signs that Torrance County produces more than its local requirement of products and/or services of Agriculture, forestry, fishing and hunting.







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