Nassau County, New York

In Nassau County, jobs in the other investment pools and funds pay the highest wages

2007-03-21T03:29:00.000-07:00

(Click Image to Enlarge Graph)

Employment in the other investment pools and funds industry reported the top wages in Nassau County for 2006. The average worker in the industry in Nassau County earned an annual wage of $145,091 in 2006. The annual wage is greater than the average industry wage in the State of New York of . and greater than then the pay for jobs in this industry across the nation of $96,278.

Other top-pay jobs in Nassau County, New York exsists in securities and commodity contracts brokerage ($116,406), other heavy construction ($110,277), chemical merchant wholesalers ($93,520) and cable and other subscription programming ($92,714) 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.

Nassau County Wages have increased by 15.8% Since 2001

2007-03-09T04:23:00.000-08:00

(Click Image to Enlarge Graph)

From 2001 to 2006, average industry wages increased in Nassau County, New York by a total of 15.8%. This is less than the growth in wages for the State of New York 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.

Nassau County Industry Wages Lag Behind New York, but Wages Exceed the United States

2007-02-27T12:21:00.000-08:00

(Click Image to Enlarge Graph)

Wages in all industries in Nassau County, New York can be understood as being relatively high when analyzed with other 2nd quarter of 2006 County wages throughout the state. The average pay is 12.9 percent lower than the with an state average of $50,107. The industry pay was greater than the overall average in the United States 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.

Nassau County Five-Year Industry Employment Change

2007-02-23T20:22:00.000-08:00

Nassau County Five-Year Percentage Growth in Employment

The Unclassified industry has gone through the largest job growth by percent, increasing by 223.8 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Nassau County has grow faster than the industry has grown in the State of New York, where it saw a gain of 208.5 percent. The Unclassified industry in Nassau County outpaced the United States, which experienced a gained 1.7 percent.

Top 5 Industries
1. Unclassified (223.8 percent gain)
2. Other ambulatory health care services (184.2 percent gain)
3. Alcoholic beverage merchant wholesalers (176.6 percent gain)
4. Lessors of nonfinancial intangible assets (110.7 percent gain)
5. Other nonmetallic mineral products (106.5 percent gain)

Total industry employment has increased by 0.3 percent from 2001 (2nd Quarter). These figures are less than growth in New York, which saw a loss of -1.0 percent since the 2nd Quarter of 2001. The gains the area experienced were less than than the gain experienced overall in the US of 2.6 percent.

Nassau County Five-Year Percentage Decline in Employment

The Other support activities for transportation industry has seen the largest percentage drop in employment, losing 84.7 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 sector has felt in the State of New York, where the industry reported a loss of 39 percent. The losses in the Other support activities for transportation industry in Nassau County outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 4.3 percent in terms of employees in the Other support activities for transportation industry.

Top 5 Industries
1. Other support activities for transportation (84.7 percent decline)
2. Land subdivision (83.6 percent decline)
3. Soap, cleaning compound, and toiletry mfg. (73.1 percent decline)
4. Textile and fabric finishing mills (73.1 percent decline)
5. Cut and sew apparel manufacturing (66.5 percent decline)

Of the 204 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 115 showed an escalation in the number employed, while 89 industries reported a drop in employment.

In Nassau County, New York, the entire sum of jobs in all industries overall has increased by 1,669 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.

Total Five-Year Employment Growth in Nassau County

Of the industries (4-digit NAICS) in the area, the Unclassified industry has grown the most with 4,054 employees finding new jobs in the industry. The employment growth in the Unclassified industry makes up 10.5 percent of the total employment growth in Nassau County.

Top 5 Industries
1. Unclassified (4,054 new jobs)
2. Colleges and universities (3,285 new jobs)
3. Employment services (2,370 new jobs)
4. Limited-service eating places (2,231 new jobs)
5. Nursing care facilities (2,100 new jobs)

Total Five-Year Employment Decline in Nassau County

From of the area's 4-digit NAICS industries, the Nondepository credit intermediation industry faced the greatest employment loss with a total loss of 2,202 jobs during the period. The employment lost in the Nondepository credit intermediation industry make up 5.5 percent of the employment lost during the period in Nassau County, New York.

Top 5 Industries
1. Nondepository credit intermediation (2,202 jobs lost)
2. Commercial equip. merchant wholesalers (2,142 jobs lost)
3. Depository credit intermediation (1,847 jobs lost)
4. Home health care services (1,637 jobs lost)
5. Business support services (1,515 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.

Nassau County One-Year Industry Employment Change

2007-01-22T07:00:00.000-08:00

Of the 208 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 108 described an expansion of jobs throughout the time period, while 100 industries reported a drop in employment.

Total One-Year Employment Decline in Nassau County

Of the area's industries (4-digit NAICS), the Nondepository credit intermediation industry experienced most substantial job loss, losing 1,676 jobs during the period. The employment lost in the Nondepository credit intermediation industry make up 10.3 percent of the employment lost during the period in Nassau County, New York.

Top 5 Industries
1. Nondepository credit intermediation (1,676 jobs lost)
2. Home health care services (1,079 jobs lost)
3. Insurance carriers (939 jobs lost)
4. Business support services (863 jobs lost)
5. Depository credit intermediation (617 jobs lost)

Total One-Year Employment Growth in Nassau County

From the industries (4-digit NAICS) in the area, the Unclassified industry has grown the most with 2,135 total jobs brought in during the period. The growth in the Unclassified industry makes up 15.4 percent of the total number of new jobs in Nassau County.

Top 5 Industries
1. Unclassified (2,135 new jobs)
2. Employment services (1,966 new jobs)
3. Colleges and universities (584 new jobs)
4. Nonresidential building construction (555 new jobs)
5. Alcoholic beverage merchant wholesalers (554 new jobs)

In Nassau County, New York, the total number of jobs throughout all industries has decreased by 2,061 jobs between mid-2005 and mid-2006.

Nassau County One-Year Percentage Growth in Employment

The Alcoholic beverage merchant wholesalers industry has gone through the largest job growth by percent, increasing by 138.2 percent from 2005 to 2006. This industry in Nassau County has increased employment faster than the growth seen in the industry for New York, where this industry saw a gain of 5.2 percent. The Alcoholic beverage merchant wholesalers industry in Nassau County outpaced the nation in terms of industry employment growth . During this period, the nation gained 3.2 percent of the industry employment.

Top 5 Industries
1. Alcoholic beverage merchant wholesalers (138.2 percent gain)
2. Computer and peripheral equipment mfg. (123.6 percent gain)
3. Internet publishing and broadcasting (78.6 percent gain)
4. RV parks and recreational camps (71.4 percent gain)
5. Radio and television broadcasting (59.2 percent gain)

The total number of jobs has decreased by 0.4 percent from the reported values in 2005. These values are greater than growth in the State of New York, which experienced a gain of 1.0 percent from 2005 (2nd Quarter). The losses were greater than than the gain experienced overall in the US of 2.0 percent.

Nassau County One-Year Percentage Decline in Employment

The Farm product raw material merch. whls. industry has lost the largest amount of employment in terms of percentage, losing 69.6 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has experienced in the State of New York, where the industry sector experienced a loss of 10 percent. The losses in the Farm product raw material merch. whls. industry in Nassau County outpaced the US in terms of percent of decline of industry employment. The US lost 1.3 in percent of jobs in the Farm product raw material merch. whls. industry.

Top 5 Industries
1. Farm product raw material merch. whls. (69.6 percent decline)
2. Other support activities for transportation (57.5 percent decline)
3. Animal slaughtering and processing (52.8 percent decline)
4. Land subdivision (45 percent decline)
5. Support activities for water transportation (44.1 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 Nassau County, New York

2007-01-10T13:33:00.000-08:00

The areas median household income has declined from the inflation-adjusted values in 2000. The income level has decreased to $80,293, representing a 4.7 percent decline. Nassau County, New York, in terms of percent of decline, ranks 13 of 29 counties in percent of decline for income levels in the State of New York. Nassau County ranks 477 of 668 counties (or parishes) in terms of the decline in median household income in the United States.

Contrasted against to other counties (or parishes) throughout the US, Nassau County, New York can be recognized as having a very low poverty rate amid the residents with a poverty rate of 5.2 percent of the individuals existing in families with incomes under the poverty level in 1999. The Hispanic race/ethnicity population cohort, has the uppermost poverty rate with 12.4 percent of the 2000 residents living in poverty. People aged 75 years and over are witness to the most percent living in poverty in Nassau County, having 7 percent of this demographic group living with incomes under poverty.

According to the 2000 Census, the Asian headed households in the area have median household incomes of $98,219. This median is 16.5 percent greater than the reported median for all households in the area. Hispanic households in Nassau County, New York reported a median household income of $62,999, this median household income is 25.2 percent less than the reported median household income for all households in the area. The American Indian and Alaska Native households in Nassau County reported an income level of $59,231, this level was 29.7 percent less than the median level for total households in the area. In Nassau County, New York White householders had a median household income (in 2005 Dollars) of $86,050 as reported in 2000 by the census, which was 2.1 percent greater than the median in the year 2000. Black or African American householders reported household income levels that were 13.3 percent less than the overall reported level in 2000, with a reported median of $73,095.

Compared to other counties (and parishes) throughout the nation, Nassau County had a very high median income for all households of $84,275 (2005 Dollars). The income level is 39.8 percent higher than the household income median in State of New York of $50,770 and the median household income is 41.7 percent higher than the median household income level in the US of $49,133.

As the median income level saw a decline from 2000 to 2005 in Nassau County, New York, the Race/Ethnicity category that felt the biggest decline in the household income level was the Black or African American category. This category saw a decline of 10.5 percent since 2000. The Asian Race/Ethnicity category has been least effected by the income level decline in Nassau County, undergoing a 5.5 percent increase in household income, since the reported levels in 2000.

The poverty rate in Nassau County, New York has stayed the same by 0.0 percent since the 2000 rates, moving from 5.2 percent to 5.2 percent.

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

Higher Education in Nassau County, New York

2006-12-19T20:34:00.000-08:00

In Nassau County, New York as reported in the 2000 Census, 36.6 percent of the White Alone, 23.6 percent of Black or African American, 57.6 percent of the Asian alone and 15.4 percent of the Hispanic or Latino population, over the age 25, has achieved a Bachelors Degree or Higher.

Nassau County, New York may to understood as having a very highly-educated population, with 35.4 percent of the population over 25 years old having received at least a Bachelors Degree, according to the Decennial Census of 2000. Nassau has a higher percent of individuals with higher educations than the State of New York's proportion of 27.4 percent and a higher percent than the national average of 24.4 percent.

In 2000, the Census reported that in Nassau County, New York, the largest educational attainment category for men is the Bachelors Degree or Higher category, with 38.4 percent achieving this level. The female population in Nassau have attainment on average a lower level of higher education (Bachelors or Higher) than men -- 38.4 percent (Men) versus 32.8 percent (Women). The largest educational attainment category for women in this areas is Bachelors Degree or Higher category, with 32.8 percent of women in the area reaching this education level.

Since the year 2000, Nassau has increased in the percent of the total population (+25) with a BA or Higher. The portion of this population has grown by 4.6 percent to a total of 40 percent in 2005. The American Community Survey reports that the proportion of the 2005 population that is highly educated is greater than the State of New York percent of 31.2 and greater than the United States percent of 27.2.

From 2000 to 2005, the percent of male population that is highly educated has increased by 3.8 percent. As reported in 2005, 41.8 percent of area's male population (+25) achieved a BA or Higher. During the same period, the percent of women (+25) that have earned a BA or higher has increased by a total of 5.4 percent. By the year 2005, a total of 38.2 percent of the female population had achieved this level of education.

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

Demographic Profile for Nassau County, New York

2006-11-28T16:10:00.000-08:00

Since 2000, a high number of individuals have migrated to Nassau from another country. The international migration into Nassau totals 3.9 percent of all immigration into New York. This percent of international migration is high when comparing levels of immigration per population in 2005.

Nassau County, New York has a population that is comprised of 70.1 percent White, 10.7 percent African American, 6.5 percent Asian, and 11.7 percent Hispanic. This area can be considered to have a high amount of racial and ethnic diversity, with 28.9 percent of the population being minorities. This is less than the State of New York percent of 37.7. Since 2000, Nassau has increased the percent of minority population when 24.9 percent of the population were minorities.

The population division of the Census Bureau estimates in 2005 a median age in Nassau County, New York to be 40.7 years old. The median age in Nassau is greater than the median age in the State of New York of 37.5. Since the year 2000, the area has seen an increase in the median age, at that time the median was 38.6 years old. With 23.8 percent of the 2005 population being comprised of individuals under the age of 18, Nassau can be described as being made up of a medium-high percent of people under 18. The 18 to 64 years old population group has a medium-low presence of the population, with 61.4 percent of the population makes up this age category. The retirement (65 and over) age group comprises 14.8 percent of the total population base. Compared to other counties throughout the nation, this represents a medium-low proportion of the population.

When calculating the total land area, Nassau encompasses a total area of 287 square miles. The county has a very high population density of 4,650 persons per square mile, in 2005. Similar counties, in terms of density, in the US include: -- more densely populated -- Union, NJ (5,145 per sq. mile ), St. Louis city, MO (5,561 per sq. mile ), Cook, IL (5,608 per sq. mile ), -- less densely populated -- Charlottesville city, VA (3,940 per sq. mile ), Bergen, NJ (3,854 per sq. mile ), Milwaukee, WI (3,815 per sq. mile ).

Nassau County, New York had a total estimated population of 1,333,137 in 2005. The total population has decreased, since the 2000 total population of 1,336,454. The decline signifies a decrease of -0.2 percent. Nassau ranks 60 of 62 counties by growth in total population in New York and the county ranks 3,103 of 3,141 counties when calculating the total change in county population across the US.

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

Housing Report for Nassau County, New York

2006-11-10T06:39:00.000-08:00

In Nassau County, the U.S. Census Bureau, Population Division accounted for a total of 458,011 housing structures in 2005. The area has seen decline in housing units, losing all together -,551 housing units since the year 2001, or -0.1 percent.

Nassau County had a median home value in the year 2005 of $469,100, according to the American Community Survey. This median is greater than the New York 2005 median owner-occupied dwelling value of $258,900 and greater than median home value of $167,500 across the nation during that year.

The residential housing values in Nassau County, New York have increased sharply since their reported values in 2000. The values have increased by $226,800, or 93.6 percent, from when in 2000 they were valued at $242,300.

The State of New York, Nassau County stands 62 of 62 by percentage growth in residential real estate. The county is positioned 3,079 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

Nassau County has a extremely high proportion of residential real estate that is high priced. In 2005, the American Community Survey reports that 42 percent of the houses are valued over a half a million dollars.

There seems to be a limited amount of real estate that is affordable in Nassau County, New York. In 2005, 1.5 percent of residential real estate was valued under $125,000.

Data Source: U.S. Census Bureau

Employment Report for Nassau County, New York -- A...

2006-10-30T08:26:00.000-08:00

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

Educational services has seen the highest growth in employment from the years 2001-2005 in Nassau County, growing by 15 percent. This is greater than the United States industry change in employment of 13.8 percent. The State of New York experienced a sector employment shift of 10.9 percent, from 2001 to 2005.

In Nassau County, Health care and social assistance, Retail Trade, and the Finance and insurance sectors, in terms of total employment, are the largest. Health care and social assistance produces the largest number of jobs in the area accounting for 17.8 percent of all the jobs in the county. This makes up 91,028 jobs. The Retail Trade and Finance and insurance industries make up 16.1 and 7.8 percent of industry employment.

Manufacturing since the year 2001 lost the most jobs in Nassau County. The sector faced a loss of 7,995 employees during the period, or 22.6 percent of industry's employment. The industry declines made up 44.8 percent of all employment losses in the county.

Utilities is the industry with the largest establishments in Nassau County. The industry averages 119 jobs per place of business. This is greater than the industry's average in the United States of 34 and greater than the New York typical size of 103 for the Utilities industry.

In Nassau County, Educational services, Finance and insurance and Health care and social assistance industries, in terms of United States location quotient, are the most dominant in the region. The Educational services industry has an LQ of 1.89. This means the percent of total employment in the Educational services industry is 1.89 times greater than the US average, showing signs that Nassau may be an exporter of products or services of Educational services.

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