In Albany County, jobs in the spectator sports pay the highest wages

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Jobs in the spectator sports industry wages were the highest in Albany County for the 2nd quarter of 2006. The average worker in the industry in Albany County received a wage of $133,022 in 2nd quarter of 2006. The wage rate is greater than the industry wage in New York of $86,800 and greater than then the wage for jobs in this industry in the US of $84,169.

Top-pay jobs in Albany County, New York may be found in securities and commodity contracts brokerage ($108,651), semiconductor and electronic component mfg. ($86,589), commercial equip. merchant wholesalers ($80,328) and petroleum merchant wholesalers ($79,203) 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.

Albany County Wages have increased by 14.8% Since 2001

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From the second quarter of 2001 to the second quarter of 2006, industry wages have increased in Albany County, New York by a total of 14.8%. This is less than the growth in wages for the State of New York and less than the growth in average wages for 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.

Albany County Industry Wages Lag Behind New York, and Wages Lag Behind the United States

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Wages in all industries in Albany County, New York can be understood as being relatively high when compared to other Counties throughout the state in the 2nd quarter of 2006. The industry wages are 21.6 percent lower than the state, which accounted an average of $50,107. 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.

Albany County Five-Year Industry Employment Change

Albany County Five-Year Percentage Growth in Employment

The Sound recording industries industry has experienced the largest percentage growth, expanding by 500.0 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Albany County has increased employment faster than the overall industry growth seen in the State of New York, where this industry saw a loss of 24.4 percent. The Sound recording industries industry in Albany County outpaced the United States, which experienced a lost 29 percent of the employment in this industry.

Top 5 Industries
1. Sound recording industries (500.0 percent gain)
2. Unclassified (346.4 percent gain)
3. Activities related to credit intermediation (116.0 percent gain)
4. Machinery and equipment rental and leasing (100.5 percent gain)
5. Other motor vehicle dealers (98.7 percent gain)

Albany County Five-Year Percentage Decline in Employment

The Other financial investment activities industry has lost the largest amount of employment in terms of percentage, losing 77.1 percent of the jobs from 2001 to 2006. These have declined faster than the industry has seen in the New York, where the industry felt a gain of 13.6 percent. The losses in the Other financial investment activities industry in Albany County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 20 in percent of workers in the Other financial investment activities industry.

Top 5 Industries
1. Other financial investment activities (77.1 percent decline)
2. Utility system construction (75.6 percent decline)
3. ISPs and web search portals (65.1 percent decline)
4. Local messengers and local delivery (62.5 percent decline)
5. Other heavy construction (62.3 percent decline)

Employment for all industries has decreased by 0.9 percent since the 2nd Quarter figures of 2001. This change is less than percent in New York, which experienced a loss of -1.0 percent from 2001 (2nd Quarter). The losses the area experienced were greater than than the gain seen for the United States of 2.6 percent.

Total Five-Year Employment Growth in Albany County

From the industries (4-digit NAICS) in the area, the Offices of physicians industry has added the most employment with 901 employees finding new jobs in the industry. The employment growth in the Offices of physicians industry makes up 8.8 percent of the growth in Albany County.

Top 5 Industries
1. Offices of physicians (901 new jobs)
2. General medical and surgical hospitals (557 new jobs)
3. Unclassified (545 new jobs)
4. Limited-service eating places (444 new jobs)
5. Services to buildings and dwellings (437 new jobs)

In Albany County, New York, the total number of workers for all sectors has decreased by 1,539 jobs from mid-2001 to mid-2006.

From the 159 industries with industry data reported by the BLS in each quarter, 91 showed an escalation in the number employed, while 68 industry sectors accounting for employment declines during that time period.

Total Five-Year Employment Decline in Albany County

Of the area's industries (4-digit NAICS), the Grocery and Related Product Wholesalers industry has lost the most employment with a total loss of 955 jobs during the time period. The jobs lost in the Grocery and Related Product Wholesalers industry make up 8.3 percent of the total job loss in Albany County, New York.

Top 5 Industries
1. Grocery and Related Product Wholesalers (955 jobs lost)
2. Book, periodical, and music stores (682 jobs lost)
3. Radio and television broadcasting (592 jobs lost)
4. Other financial investment activities (569 jobs lost)
5. Nursing care facilities (499 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.

Albany County One-Year Industry Employment Change

Of the 162 industries with industry data reported by the BLS in each quarter, 79 showed an escalation in the number employed, while 83 industry sectors reported declines during the time period.

Total One-Year Employment Decline in Albany County

Of the area's industries (4-digit NAICS), the Community care facilities for the elderly industry faced the greatest employment loss with a total loss of 1,014 jobs. The declines in the Community care facilities for the elderly industry make up 17.0 percent of the employment lost during the period in Albany County, New York.

Top 5 Industries
1. Community care facilities for the elderly (1,014 jobs lost)
2. Other financial investment activities (667 jobs lost)
3. Nursing care facilities (291 jobs lost)
4. Elementary and secondary schools (282 jobs lost)
5. Automobile dealers (262 jobs lost)

In Albany County, New York, the entire sum of jobs in all industries overall has decreased by 361 jobs between mid-2005 and mid-2006.

Total One-Year Employment Growth in Albany County

From the industries (4-digit NAICS) in the area, the Management of companies and enterprises industry has added the most employment with 589 total jobs brought in during the period. The growth in the Management of companies and enterprises industry makes up 10.5 percent of the total employment growth in Albany County.

Top 5 Industries
1. Management of companies and enterprises (589 new jobs)
2. General medical and surgical hospitals (372 new jobs)
3. Nonresidential building construction (344 new jobs)
4. Employment services (279 new jobs)
5. Grocery stores (265 new jobs)

Albany County One-Year Percentage Decline in Employment

The Other financial investment activities industry has lost the largest percent of jobs, losing 79.8 percent of the jobs from 2005 to 2006. These have declined faster than the industry has experienced in the State of New York, where the industry felt a gain of 6.9 percent. The losses in the Other financial investment activities industry in Albany County outpaced the United States industry losses overall. During this period, the United States gained 7.1 in percent of jobs in the Other financial investment activities industry.

Top 5 Industries
1. Other financial investment activities (79.8 percent decline)
2. Community care facilities for the elderly (61.2 percent decline)
3. Other heavy construction (40.6 percent decline)
4. Software publishers (33.8 percent decline)
5. Apparel and piece goods merchant wholesalers (31.2 percent decline)

Employment for all industries has decreased by 0.2 percent since the 2nd Quarter figures of 2005. This change is greater than percent in New York, which went through a gain of 1.0 percent from the 2nd Quarter of 2005. The losses felt were greater than than the gain reported at the US level of 2.0 percent.

Albany County One-Year Percentage Growth in Employment

The Promoters of performing arts and sports industry has experienced the largest percentage growth, expanding by 205.2 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Albany County has added employment faster than the overall industry growth seen in the State of New York, where the industry took a gain of 5.8 percent. The Promoters of performing arts and sports industry in Albany County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 3.5 percent of the employment in this industry.

Top 5 Industries
1. Promoters of performing arts and sports (205.2 percent gain)
2. Used merchandise stores (91.8 percent gain)
3. Unclassified (46.3 percent gain)
4. Motion picture and video industries (44.9 percent gain)
5. Nonresidential building construction (35.6 percent gain)





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 Albany County, New York

The poverty rate in Albany County, New York has increased by 1.5 percent from the rates reported in the Decennial Census, moving from 10.6 percent to 12.1 percent.

The median household income has declined a small amount from the inflation-adjusted values in 2000. The income level has decreased to $50,054, representing a 0.4 percent decline. Albany County, New York, when comparing total percent of decline, ranks 27 of 29 counties in percent of decline for household income in New York. Albany County ranks 659 of 668 counties (or parishes) when comparing the decline in median income level for the United States.

As the median household income witnessed a decline in the last five year in Albany County, New York, the Race/Ethnicity group that went through the most dramatic decline in household income was the White category. This group felt a decline of 2 percent since 2000. The Hispanic population category was least influenced by the median household income decline in Albany County, undergoing a 68.3 percent increase in median household income from 2000 to 2005.

Black or African American headed households had median income levels that were 46.5 percent less than the overall median reported in 2000, with a reported median of $26,878. Hispanic in Albany County, New York , as reported in 2000, had a median household income of $31,857, this median is 36.6 percent less than the areas median income level for all households. The American Indian and Alaska Native headed households in Albany County had a median income of $31,056, this median was 38.2 percent less than the median for all households. In Albany County, New York White householders had a median household income (in 2005 Dollars) of $54,338 according to the Decennial Census of 2000, which was 8.2 percent greater than the median in 2000. It was reported in 2000 that the Asian headed households had median household incomes of $58,378. This median is 16.2 percent greater than the reported median for all households in the area.

When put side-by-side with other counties (or parishes) throughout the United States, Albany County, New York may be understood as having a medium-low poverty rate amongst the population, with a poverty rate of 10.6 percent of people living in a family with an income below the poverty level in 1999. The American Indian and Alaska Native race/ethnicity demographic group, represents the largest rate of poverty with 37 percent of the 2000 population living in poverty. People that are of the age Under 5 years are witness to the most percent living in poverty in Albany County, reporting 17 percent of the population in this age category living in poverty.

When compared to other counties (and parishes) throughout the United States, Albany County had a relatively high median income for all households of $50,234 (2005 Dollars). This median is 1.1 percent lower than the median in New York of $50,770 and the median is 2.2 percent higher 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 Albany County, New York

Albany County, New York has a very highly-educated working age population, with 33.4 percent of the over 25 years old population having a Bachelors Degree or Higher, according to the 2000 Decennial Census. Albany has a higher percent of the population with at least a Bachelors than the State of New York's proportion of 27.4 percent and a higher percent than the average across the nation of 24.4 percent.

The 2000 Decennial Census reported that in Albany County, New York, the most common level of education achieved in the area for the male population is the Bachelors Degree or Higher category, with 36.2 percent receiving this level of education. The women in Albany have achieved a lower level of higher education (Bachelors or Higher) than men; 36.2 percent (Men) versus 30.8 percent (Women). A high proportion of the female population in the area has reached the Bachelors Degree or Higher category, with 30.8 percent of the areas female population attaining this level of education.

In Albany County, New York according the 2000 Decennial Census, 34.4 percent of the White Alone, 15.6 percent of Black or African American, 66.4 percent of the Asian alone and 30.6 percent of the Hispanic or Latino (+25) population has achieved at least a Bachelors Degree.

Since the year 2000, Albany 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 2.2 percent to a total of 35.6 percent in 2005. The American Community Survey reports that the proportion of the 2005 population that is highly educated is greater than the 2005 State of New York percent of 31.2 and greater than the US percent of 27.2.

Between 2000 and 2005, the percent of the male population that can be understood as highly educated has increased by 0.8 percent. By 2005, 36.8 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 3.6 percent. By 2005, a total of 34.4 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 Albany County, New York

Albany County, New York had an estimated population of 297,414 in 2005. The total population has increased, since the 2000 total population of 294,573. This growth shows an increase of 1 percent. Albany ranks 17 of 62 counties when analyzing total population change in New York and the county ranks 685 of 3,141 counties when analyzing total county population change across the nation.

Albany County, New York has a population that is made up of 79.8 percent White, 11.5 percent African American, 3.8 percent Asian, and 3.5 percent Hispanic. The area can be described as having a high level of diversity, with 18.8 percent of minorities in the 2005 population base. This is less than the State of New York percent of 37.7. Since 2000, Albany has increased the percent of minority population when 16.8 percent of the total population were minorities.

In the year 2005, the population division of U.S. Census Bureau estimates the median age in Albany County, New York to be 37.5 years of age. The median in Albany is equal to the median age for the State of New York of 37.5. Since 2000, the area has experienced an increase in the median age, when it was 36.8 years of age. With a total of 21 percent of the 2005 population being made up of children and youth younger than 18, Albany can be understood as being made up of a medium-low proportion of youths. The working age population group (18-64) has a relatively high representation within the population, making up 65.3 percent of the population falling in this age category. The retirement (65 and over) group makes up 13.7 percent of the total population in the area. Compared to other counties in the US, this represents a medium-low proportion of the population.

When measuring the total land area, Albany extends a total area of 523 total square miles. The area has a high average area density of 568 persons per square mile, in 2005. Other US counties with similar densities include: -- more densely populated -- Hamilton, TN (573 per sq. mile ), Campbell, KY (576 per sq. mile ), Pasco, FL (576 per sq. mile ), -- less densely populated -- Douglas, GA (566 per sq. mile ), Washington, MN (563 per sq. mile ), Winnebago, IL (562 per sq. mile ).

From 2000, a high amount of people have migrated to Albany from another country. The international migration into Albany makes up 0.5 percent of all immigration into New York. This percent of international migration is high when analyzed against immigration per population in 2005.

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

Housing Report for Albany County, New York

In Albany County, the real estate market was made up of 132,706 housing structures in 2005. The area has seen growth in housing units, adding in all 2,179 housing units since the year 2001, or 1.7 percent.

According to the data, there is a fair amount of real estate that is affordable in Albany County, New York. In 2005, 32 percent of residential real estate was valued under $125,000.

Albany County recorded median owner-occupied home value in the year 2005 of $160,200, published by the American Community Survey. This value is less than the State of New York 2005 home value of $258,900 and less than median owner-occupied dwelling value of $167,500 across the United States during the same year.

The residential housing values in Albany County, New York have seen large increases from the housing values in 2000. The residential values have increased by $43,900, or 37.7 percent, from when in 2000 they were valued at $116,300.

The State of New York, Albany County ranks 28 of 62 by percentage growth in residential real estate. The county is positioned 2,198 of 3,141, comparing the percentage change in residential in other US counties.

Albany County can be understood as having a medium proportion of high-valued homes. In 2005, the American Community Survey counted that 2.9 percent residential property is valued over $500k.

Data Source: U.S. Census Bureau

Employment Report for Albany County, New York -- Annual 2005 Industry Summary

Mining is the industry with the largest change in employment since the year 2001 in Albany County, changing a total of 75.3 percent. This is greater than the industry job change at the national level of 4.7 percent. The State of New York had changed in sector employment of 14 percent, in the course of time since 2001.

In Albany County, Health care and social assistance, Retail Trade, and the Professional and technical services sectors are the largest industries, in terms of total number of jobs in 2005. The Health care and social assistance provides the most jobs and contributes 17.5 percent of all jobs throughout the county, totaling 28,510 jobs. The Retail Trade and Professional and technical services sectors provide 14.1 and 8.4 percent of the total jobs, respectively.

Educational services has the largest employers in Albany County, averaging 46 jobs per establishment, which is greater than the US industry average of 27 and greater than the State of New York typical size of 42 for the Educational services industry.

In Albany County, Educational services, Information and Finance and insurance are the three industries with the highest location quotients. The Educational services sector has a United State LQ of 2.07. The level of employment in the Educational services sector is 2.07 times more than the average percent in the United States, revealing signs that Albany County produces more than its local requirement of products and/or services of Educational services.

Information since the year 2001 lost the most jobs in Albany County. The industry lost a total of 1,100 jobs during the period, or 13.8 percent of jobs in the industry. The losses in this industry made up 24 percent of all employment losses in the county.







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