In Valencia County, jobs in the computer systems design and related services pay the highest wages

(Click Image to Enlarge Graph)

People with jobs in the computer systems design and related services industry had the highest average wages in Valencia County for 2006. The average worker in the industry in Valencia County earned an annual wage of $54,237 in 2nd quarter of 2006. The wage rate is less than the average industry wage in the State of New Mexico of $57,223 and less than then the pay for jobs in this industry across the nation of $80,588.

Other high-paying jobs in Valencia County, New Mexico exsists in unclassified ($53,429), support activities for mining ($49,209), water, sewage and other systems ($42,483) and insurance carriers ($38,743) industries. Note: Clicking the Above Graphic Displays the Detailed 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.

Valencia County Wages have increased by 14.2% Since 2001

(Click Image to Enlarge Graph)

Industry wages, from 2001 to 2006, have increased in Valencia County, New Mexico by a total of 14.2%. This is less than the growth in average industry wages for New Mexico and less than the growth in industry wages for the nation as a whole.

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.

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

(Click Image to Enlarge Graph)

Total wages in all industries in Valencia County, New Mexico can be described as medium-low when analyzed with other 2nd quarter of 2006 County wages throughout the state. The average pay is 29.1 percent lower than the state, which was reported to be $32,032. The industry pay was less 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.

Valencia County Five-Year Industry Employment Change

Of the 44 industries with industry data reported by the BLS in each quarter, 9 described an expansion of jobs throughout the time period, while 35 industry sectors accounting for employment declines during that time period.

In Valencia County, New Mexico, the aggregate employment for all industry sectors has increased by 3,313 jobs from mid-2001 to mid-2006.

Total Five-Year Employment Growth in Valencia County

The Full-service restaurants industry has accounted the most employment growth with a total of 288 total jobs brought in during the period. The growth in the Full-service restaurants industry makes up 15.8 percent of the total employment growth in Valencia County.

Top 5 Industries
1. Full-service restaurants (288 new jobs)
2. Building equipment contractors (210 new jobs)
3. Limited-service eating places (208 new jobs)
4. Offices of physicians (109 new jobs)
5. Nonresidential building construction (97 new jobs)

Total Five-Year Employment Decline in Valencia County

The Grocery stores industry faced the greatest employment loss with a total loss of 101 jobs during the time period. The jobs lost in the Grocery stores industry make up 37.8 percent of the jobs lost during the period in Valencia County, New Mexico.

Top 5 Industries
1. Grocery stores (101 jobs lost)
2. Traveler accommodation (43 jobs lost)
3. Architectural and engineering services (43 jobs lost)
4. Other amusement and recreation industries (24 jobs lost)
5. Building finishing contractors (23 jobs lost)

Valencia County Five-Year Percentage Growth in Employment

The Residential building construction industry has experienced the largest percentage growth, expanding by 227.9 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Valencia County has grow faster than the growth seen in the industry for New Mexico, where the industry felt a gain of 43.6 percent. The Residential building construction industry in Valencia County outpaced the nation in terms of industry employment growth . During this period, the nation gained 30.6 percent.

Top 5 Industries
1. Residential building construction (227.9 percent gain)
2. Services to buildings and dwellings (212.0 percent gain)
3. Nonresidential building construction (202.8 percent gain)
4. Personal care services (166.0 percent gain)
5. Offices of real estate agents and brokers (153.1 percent gain)

Valencia County Five-Year Percentage Decline in Employment

The Business support services industry has lost the biggest percent of jobs, losing 63.3 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has seen in the New Mexico, where the it saw a loss of 13.4 percent. The losses in the Business support services industry in Valencia County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 0.8 in percent of workers in the Business support services industry.

Top 5 Industries
1. Business support services (63.3 percent decline)
2. Architectural and engineering services (52.2 percent decline)
3. Drycleaning and laundry services (49.5 percent decline)
4. Computer systems design and related services (40 percent decline)
5. Other amusement and recreation industries (30.3 percent decline)

Total industry employment has increased by 42.2 percent since the 2nd Quarter figures of 2001. This change is greater than growth in the State of New Mexico, which saw a gain of 10.5 percent from 2001 (2nd Quarter). The gains felt 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.

Valencia County One-Year Industry Employment Change

Total One-Year Employment Decline in Valencia County

Of the area's industries (4-digit NAICS), the Management of companies and enterprises industry experienced most substantial job loss, losing 53 jobs during the period. The employment lost in the Management of companies and enterprises industry make up 39.9 percent of the employment lost during the period in Valencia County, New Mexico.

Top 5 Industries
1. Management of companies and enterprises (53 jobs lost)
2. Lessors of real estate (25 jobs lost)
3. Services to buildings and dwellings (15 jobs lost)
4. Architectural and engineering services (10 jobs lost)
5. Offices of physicians (8 jobs lost)

Total One-Year Employment Growth in Valencia County

From the industries (4-digit NAICS) in the area, the Full-service restaurants industry has grown the most with 122 jobs added during the time period. These new jobs in the Full-service restaurants industry makes up 18.2 percent of the total growth in Valencia County.

Top 5 Industries
1. Full-service restaurants (122 new jobs)
2. Building equipment contractors (120 new jobs)
3. Nonresidential building construction (75 new jobs)
4. Utility system construction (53 new jobs)
5. Other specialty trade contractors (39 new jobs)

In Valencia County, New Mexico, the total number of workers for all sectors has increased by 929 total jobs from 2005 to 2006.

From the 39 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 10 reported job growth in the duration of the year and 29 industry sectors reported declines during the time period.

Valencia County One-Year Percentage Growth in Employment

The Nonresidential building construction industry has experienced the largest percentage growth, expanding by 107.6 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Valencia County has expanded faster than the growth seen in the industry for New Mexico, where this industry saw a gain of 4.6 percent. The Nonresidential building construction industry in Valencia County outpaced the national average, which felt a gained 6.1 percent of the employment in this industry.

Top 5 Industries
1. Nonresidential building construction (107.6 percent gain)
2. Personal care services (81.2 percent gain)
3. Utility system construction (80.4 percent gain)
4. Private households (50.0 percent gain)
5. Building equipment contractors (41.7 percent gain)

The total number of jobs has increased by 9.1 percent since the 2nd Quarter figures of 2005. This change is greater than growth in the State of New Mexico, experiencing a gain of 4.5 percent from the 2nd Quarter of 2005. The gains the area experienced were greater than than the gain experienced overall in the US of 2.0 percent.

Valencia County One-Year Percentage Decline in Employment

The Lessors of real estate industry has lost the biggest percent of jobs, losing 63.8 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the New Mexico, where the it saw a loss of 5.7 percent. The losses in the Lessors of real estate industry in Valencia County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 0.2 in percent of jobs in the Lessors of real estate industry.

Top 5 Industries
1. Lessors of real estate (63.8 percent decline)
2. Management of companies and enterprises (38 percent decline)
3. Architectural and engineering services (20.1 percent decline)
4. Consumer goods rental (14.3 percent decline)
5. Services to buildings and dwellings (11.8 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.

Income and Poverty in Valencia County, New Mexico

The median household income has increased a small amount from the 2000 values (inflation adjusted). The median income has increased to $40,379, posting a 1.2 percent growth. Valencia County, New Mexico, in terms of percent of growth, ranks 1 of 1 counties in percent of growth for household income in New Mexico. Valencia County ranks 90 of 119 counties (or parishes) when analyzing the growth in median income in the US.

The poverty rate in Valencia County, New Mexico has increased by 7.2 percent since the 2000 rates, moving from 16.8 percent to 24 percent.

Contrasted against to other counties (or parishes) throughout the US, Valencia County, New Mexico can be recognized as having a medium-high rate of poverty among its population, accounting a rate of 16.8 percent of the individuals existing in families with incomes under the poverty level in 1999. The Hispanic race/ethnicity demographic group, represents the largest rate of poverty with 22.1 percent of the 2000 population living in poverty. People that are of the age 5 years have the most percent of people living in poverty in Valencia County, with 27.8 percent of this age cohort living in poverty.

Compared to counties across the United States, Valencia County was reported to have a medium-high median income for all households of $39,896 (2005 Dollars). This median is 0.1 percent lower than the median in State of New Mexico of $39,936 and the median is 23.2 percent lower than the median household income level in the US of $49,133.

While the median household income saw a growth from 2000 to 2005 in Valencia County, New Mexico, the Race/Ethnicity category that saw the sharpest growth in median income was the Asian category. This category saw an increase of 94.8 percent since the year 2000. The Hispanic population group was least impacted by the household income growth in Valencia County, experiencing a 2.7 percent decline in median income, since the values reported in the 2000 Decennial Census.

In Valencia County, New Mexico White householders had a median household income (in 2005 Dollars) of $41,571 as reported in 2000 by the census, which was 4.2 percent greater than the median in the year 2000. It was reported in 2000 that the Asian headed households had median household incomes of $38,756. This income level is 2.9 percent less than the all households reported median in the area. Black or African American householders reported a median household income that was 18.8 percent less than the all population median published in the 2000 Census, with a median of $32,411. Hispanic headed households in Valencia County, New Mexico , as reported in 2000, had a median household income of $35,671, which is 10.6 percent less than the areas median income level for all households. The American Indian and Alaska Native headed households in Valencia County had a median income of $38,659, this median was 3.1 percent less than the areas median level for all households.

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

Higher Education in Valencia County, New Mexico

In Valencia County, New Mexico according the 2000 Decennial Census, 17 percent of the White Alone, 15.6 percent of Black or African American, 24.4 percent of the Asian alone and 9 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 1.2 percent. By the year 2005, 16.2 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 6.0 percent. By the year 2005, a total of 20.8 percent of the female population had achieved this level of education.

Valencia County, New Mexico is made up of a moderately-educated working age population, with 14.8 percent of the over 25 years old population having a Bachelors Degree or Higher, according to the 2000 Decennial Census. Valencia was reported to have 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 US proportion of 24.4 percent.

According to the 2000 Decennial Census in Valencia County, New Mexico, the largest educational attainment category for men is the High School Diploma category, with 33.6 percent achieving this level. The female population in Valencia have on average achieved a lower level of higher education (Bachelors Degree or Higher) than the male population-- 14.8 percent (Men) versus 14.8 percent (Women). The largest educational attainment category for women in this areas is Some College or Associates Degree category, with 32.6 percent of the female population achieving this education level.

Since 2000, Valencia has increased in the percent of the population that is over the age of 25 with a BA or Higher. This population cohort has grown by 3.8 percent to a total of 18.6 percent in 2005. According to the American Community Survey, the proportion of the population in 2005 with a BA or Higher is less than the 2005 State of New Mexico percent of 25.2 and less than the national percent of 27.2.

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

Demographic Profile for Valencia County, New Mexico

The U.S. Census Bureau, in the year 2005, estimated a median age in Valencia County, New Mexico to be 36.0 years old. The median in Valencia is less than the median in New Mexico of 36.2. Since 2000, the area has experienced an increase in this median, when at that time it was 33.9 years of age. With 26.5 percent of the 2005 population being comprised of individuals under the age of 18, Valencia can be described as having a medium-high percent of individuals under 18. The working age population group (18-64) has a medium-high representation within the estimated 2005 area population, making up 62.7 percent of the population makes up this age category. The retirement (65 and over) age group comprises 10.8 percent of the population in the area. When compared to other counties throughout the United States, this represents a medium-low percent of the population.

In terms of total land area, Valencia covers a total land area of 1068 square miles. This area has a medium-low population density of 65 persons per square mile. Other counties with similar densities in the US include: -- more densely populated -- Skagit, WA (65 per sq. mile ), Northampton, VA (65 per sq. mile ), Coshocton, OH (65 per sq. mile ), -- less densely populated -- Pearl River, MS (65 per sq. mile ), Amador, CA (65 per sq. mile ), Liberty, TX (65 per sq. mile ).

Since the year 2000, a medium-high amount of people have migrated to Valencia internationally. The international migration into Valencia totals 2.4 percent of the total migration into the State of New Mexico. This percent of international migration is medium-high when analyzed against the base population in the year 2005 and compared to other counties across the US.

Valencia County, New Mexico has a population that is made of 39 percent White, 1.3 percent African American, 0.4 percent Asian, and 55.4 percent Hispanic. This area can be considered to have a very high level of diversity in terms of race and ethnicity, with 57.1 percent minorities. This is greater than the State of New Mexico percent of 46.4. Since 2000, Valencia has increased the percent of minority population when 56.6 percent of the people were minorities.

Valencia County, New Mexico had a population of 69,417 in 2005. The estimated population has increased, from the population in the year 2000 of 66,463. This growth signifies an increase of 4.4 percent. Valencia ranks 6 of 33 counties when calculating total change in population for New Mexico and the county ranks 672 of 3,141 counties in terms of population growth in the United States.

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

Housing Report for Valencia County, New Mexico

The residential housing values in Valencia County, New Mexico have seen declines since the Census values accounted for in the year 2000. The values have descreaed by $-3,100, or -2.9 percent, from when in 2000 they were valued at $108,300.

In the State of New Mexico, Valencia County places 15 of 33 by percentage growth in residential real estate. The county is positioned 1,244 of 3,141, in terms of residential real estate percentage change change in the United States.

Valencia County is made up of a medium proportion of high-valued homes. In 2005, the American Community Survey reported that 1 percent residential property is valued over $500k.

In Valencia County, the U.S. Census Bureau, Population Division accounted for a total of 26,009 homes in 2005. The county has experienced a growth in housing units, adding a total of 850 residential units since 2001, or 3.4 percent.

There seems to be a large amount of affordable housing in Valencia County, New Mexico. In 2005, 63.5 percent of housing was valued under $125k.

Valencia County recorded median owner-occupied home value in the year 2005 of $105,200, according to the American Community Survey. This value is less than the New Mexico 2005 median home value of $125,500 and less than median owner-occupied dwelling value of $167,500 for the United States in the same year.

Data Source: U.S. Census Bureau

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

In Valencia County, Retail Trade, Health care and social assistance, and the Accommodation and food services industries are the largest employment industries. The Retail Trade is the largest employment industry and makes up 21.2 percent of all jobs throughout the county, totaling 2,181 employees. The Health care and social assistance and Accommodation and food services sectors provide 20.7 and 12.9 percent of the total jobs, respectively.

Health care and social assistance is an attractive industry due to its high level of job growth since the year 2001 in Valencia County, increasing in size by 113.8 percent. This is greater than the change of total jobs in the industry for the United States of 10.6 percent. The State of New Mexico experienced a sector employment shift of 23.6 percent, during the period.

Health care and social assistance has the largest businesses in Valencia County. The industry averages 28 jobs per establishment, which is greater than the US industry average of 21 and greater than the State of New Mexico establishments size average of 21 for the Health care and social assistance industry.

In Valencia County, Transportation and Warehousing, Agriculture, forestry, fishing and hunting and Health care and social assistance have the highest US LQ in 2005. The Transportation and Warehousing sector has a United State LQ of 2.2. The percent of employment in the Transportation and Warehousing industry is 2.2 times greater than the national average, signifying that Valencia County produces more than its local requirement of products and/or services of Transportation and Warehousing.









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