New York County, New York

In New York County, jobs in the natural gas distribution pay the highest wages

2007-03-21T03:30:00.000-07:00

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People with jobs in the natural gas distribution industry wages were the highest in New York County for the 2nd quarter of 2006. The average worker in the industry in New York County received an annual wage of $251,651 in 2nd quarter of 2006. The wage rate is greater than the average industry wage in the State of New York of $74,813 and greater than then the wage for jobs in this industry at the United States Level of $72,213.

High-wage employment in New York County, New York can be found in pharmaceutical and medicine manufacturing ($231,488), securities and commodity contracts brokerage ($211,775), other financial investment activities ($188,247) and management of companies and enterprises ($140,810) 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.

New York County Wages have increased by 17.4% Since 2001

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

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From the second quarter of 2001 to the second quarter of 2006, industry wages have increased in New York County, New York by a total of 17.4%. This is greater than the growth in industry wages for New York 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.

New York County Industry Wages Exceed New York, and Wages Exceed the United States

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

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Wages in all industries in New York County, New York can be understood as being very high when analyzed with other 2nd quarter of 2006 County wages throughout the state. The average pay is 61.6 percent higher than the state, which accounted an average of $50,107. The average pay was greater than the US average pay 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.

New York County Five-Year Industry Employment Change

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

New York County Five-Year Percentage Decline in Employment

The Architectural and structural metals mfg. industry has lost the largest amount of employment in terms of percentage, losing 89.5 percent from 2001 (Q2) to 2006 (Q2). 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 5.9 percent. The losses in the Architectural and structural metals mfg. industry in New York County outpaced the US in terms of percent of decline of industry employment. The US lost 3 in percent of jobs in the Architectural and structural metals mfg. industry.

Top 5 Industries
1. Architectural and structural metals mfg. (89.5 percent decline)
2. Computer and peripheral equipment mfg. (80.6 percent decline)
3. Semiconductor and electronic component mfg. (77.9 percent decline)
4. Metalworking machinery manufacturing (73.4 percent decline)
5. Scheduled air transportation (71.7 percent decline)

New York County Five-Year Percentage Growth in Employment

The Unclassified industry has witnessed the largest percentage of employment expansion, increasing by 206.2 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in New York County has expanded slower than the growth seen in the industry for New York, where the industry felt a gain of 208.5 percent. The Unclassified industry in New York County outpaced the United States, which experienced a gained 1.7 percent of the industry employment.

Top 5 Industries
1. Unclassified (206.2 percent gain)
2. Scenic and sightseeing transportation, land (187.3 percent gain)
3. Remediation and other waste services (185.8 percent gain)
4. Motor vehicle and parts merchant wholesalers (170.4 percent gain)
5. RV parks and recreational camps (141.3 percent gain)

Employment for all industries has decreased by 3.5 percent since the 2nd Quarter of 2001. This is greater than growth in the State of New York, which went through a loss of -1.0 percent since the 2nd Quarter of 2001. The losses in the area were greater than than the gain felt at the national level of 2.6 percent.

Total Five-Year Employment Growth in New York County

The Unclassified industry has accounted the most employment growth with a total of 9,033 total jobs brought in during the period. The growth in the Unclassified industry makes up 8.0 percent of the total employment growth in New York County.

Top 5 Industries
1. Unclassified (9,033 new jobs)
2. Home health care services (8,520 new jobs)
3. Accounting and bookkeeping services (7,985 new jobs)
4. Individual and family services (6,575 new jobs)
5. Full-service restaurants (5,956 new jobs)

In New York County, New York, the entire sum of jobs in all industries overall has decreased by 67,755 jobs between mid-2001 and mid-2006.

Out of the 206 4-digit NAICS industries, 121 described an expansion of jobs throughout the time period, while 85 industry sectors reported declines during the time period.

Total Five-Year Employment Decline in New York County

Given the industries in the area, the Securities and commodity contracts brokerage industry witnessed the largest drop in employment, losing a total of 25,745 jobs during the period. The employment lost in the Securities and commodity contracts brokerage industry make up 14.3 percent of the jobs lost during the period in New York County, New York.

Top 5 Industries
1. Securities and commodity contracts brokerage (25,745 jobs lost)
2. Employment services (15,245 jobs lost)
3. Cut and sew apparel manufacturing (11,630 jobs lost)
4. Depository credit intermediation (8,907 jobs lost)
5. Wired telecommunications carriers (8,420 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.

New York County One-Year Industry Employment Change

2007-01-22T07:12:00.000-08:00

Of the 213 4-digit NAICS industries, 84 accounted an for increase in employment during the period and 128 industries reported employment loss in the period.

Total One-Year Employment Decline in New York County

Of the area's industries (4-digit NAICS), the Cut and sew apparel manufacturing industry faced the greatest employment loss with a total loss of 1,909 jobs during the period. The employment lost in the Cut and sew apparel manufacturing industry make up 12.0 percent of the jobs lost during the period in New York County, New York.

Top 5 Industries
1. Cut and sew apparel manufacturing (1,909 jobs lost)
2. Insurance carriers (1,369 jobs lost)
3. Services to buildings and dwellings (1,207 jobs lost)
4. Wired telecommunications carriers (799 jobs lost)
5. Traveler accommodation (673 jobs lost)

Total One-Year Employment Growth in New York County

The Unclassified industry has accounted the most employment growth with a total of 5,241 jobs added during the time period. These new jobs in the Unclassified industry makes up 8.5 percent of the total number of new jobs in New York County.

Top 5 Industries
1. Unclassified (5,241 new jobs)
2. Accounting and bookkeeping services (4,660 new jobs)
3. Securities and commodity contracts brokerage (4,294 new jobs)
4. Other financial investment activities (3,229 new jobs)
5. Full-service restaurants (3,152 new jobs)

In New York County, New York, the total number of workers for all sectors has increased by 46,120 jobs between mid-2005 and mid-2006.

Total industry employment has increased by 2.6 percent since the 2nd Quarter of 2005. This is greater than growth in the State of New York, which saw a gain of 1.0 percent from the 2nd Quarter of 2005. The gains felt were greater than than the gain experienced overall in the US of 2.0 percent.

New York County One-Year Percentage Growth in Employment

The Cutlery and handtool manufacturing industry has gone through the largest job growth by percent, increasing by 450.0 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in New York County has added employment faster than the industry job growth experienced in New York, where it saw a loss of 6.9 percent. The Cutlery and handtool manufacturing industry in New York County outpaced the national average, which felt a lost 3.4 percent in this industry.

Top 5 Industries
1. Cutlery and handtool manufacturing (450.0 percent gain)
2. Remediation and other waste services (223.8 percent gain)
3. Spectator sports (94.1 percent gain)
4. Unclassified (64.1 percent gain)
5. Independent artists, writers, and performers (48.9 percent gain)

New York County One-Year Percentage Decline in Employment

The Architectural and structural metals mfg. industry has lost the biggest percent of jobs, losing 79.4 percent of the jobs from 2005 to 2006. These have declined faster than the industry has seen in the New York, where the it saw a gain of 3 percent. The losses in the Architectural and structural metals mfg. industry in New York County outpaced the US in terms of percent of decline of industry employment. The US gained 3.9 percent in terms of employment in the Architectural and structural metals mfg. industry.

Top 5 Industries
1. Architectural and structural metals mfg. (79.4 percent decline)
2. Electronic instrument manufacturing (51.8 percent decline)
3. General freight trucking (41.5 percent decline)
4. Apparel knitting mills (37 percent decline)
5. Support activities for road transportation (34.8 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 New York County, New York

2007-01-10T13:34:00.000-08:00

The areas median household income has increased a small amount from the inflation-adjusted 2000 income levels. The income level has increased to $55,973, which amounts to a 1.7 percent growth. New York County, New York, when analyzing percentage of growth, ranks 8 of 9 counties in percent of growth for median household income in the State of New York. New York County ranks 76 of 119 counties (or parishes) when analyzing the growth in household income across the nation.

Evaluated with other counties (or parishes) across the nation, New York County, New York can be considered to have a relatively high rate of poverty among its population, accounting a rate of 20.0 percent of people living in a family with an income below the poverty level in 1999. The American Indian and Alaska Native race/ethnicity population cohort, has the uppermost poverty rate with 33.4 percent of the 2000 population living in poverty. People that are of the age 6 to 11 years have the most percent of people living in poverty in New York County, accounting 34.7 percent of this age group in the area living in poverty.

In New York County, New York White headed households reported a median household income (2005 Dollars) of $73,494 according to the 2000 Dencennial Census, which was 33.6 percent greater than the median income in 2000. According to the 2000 Census, the Asian headed households in the area have median household incomes of $46,398. This income level is 15.7 percent less than the all households reported median in the area. Black or African American headed households had a median household income that was 49.4 percent less than the total 2000 reported median, with a their median reported to be $27,861. Hispanic headed households in New York County, New York recorded a median income of $28,976, which is 47.3 percent less than the reported median household income for all households in the area. The American Indian and Alaska Native households in New York County had a median income of $33,818, this was 38.5 percent less than the median income level in this area.

When analyzed against other counties (and parishes) in the US, New York County was reported to have a relatively high median income for all households of $55,025 (2005 Dollars). The income level is 7.7 percent higher than the household income median in State of New York of $50,770 and the income level is 10.7 percent higher than the median for the rest of the nation, which is a reported $49,133.

As the median income level saw a growth during the period of 2000 to 2005 in New York County, New York, the Race/Ethnicity group that experienced the largest growth in median income was the White category. This category saw an increase of 8.7 percent since the year 2000. The Hispanic Race/Ethnicity category has been least effected by the income level growth in New York County, seeing a 11 percent decline in median income, since the values reported in the 2000 Decennial Census.

The poverty rate in New York County, New York has declined by 2.1 percent from the levels reported in the Decennial Census of 2000, moving from 20 percent to 17.9 percent.

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

Higher Education in New York County, New York

2006-12-19T20:35:00.000-08:00

From the years 2000 to 2005, the proportion of the male population that could be considered highly educated has increased by 6.6 percent. By the year 2005, 58.6 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 9.2 percent. By the year 2005, a total of 56.6 percent of the women in the population had received a Bachelors Degree or Higher.

New York County, New York can be considered to have a very highly-educated 2000 population, with 49.4 percent of the over 25 years old population having a Bachelors Degree or Higher, according to the 2000 Decennial Census. New York was reported to have a higher percent of highly educated individuals 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.

From the year 2000, New York 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 8.0 percent to a total of 57.4 percent in 2005, according to the American Community Survey. The 2005 proportion of highly educated population is greater than the State of New York percent of 31.2 and greater than the US percent of 27.2.

According to the 2000 Decennial Census in New York 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 51.8 percent achieving this level. The female population in New York have on average achieved a lower level of higher education (Bachelors or Higher) than men -- 51.8 percent (Men) versus 47.4 percent (Women). A high proportion of the female population in the area has reached the Bachelors Degree or Higher category, with 47.4 percent of the women population in the area achieving this level of education.

In New York County, New York according to the Decennial Census of 2000, 66.8 percent of the White Alone, 19 percent of Black or African American, 45.2 percent of the Asian alone and 14 percent of the Hispanic or Latino population (over 25) has obtained a Bachelors Degree or Higher.

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

Demographic Profile for New York County, New York

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

When measuring the total land area, New York spans a total of 23 square miles. This area has a extremly high population density of 69,379 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 -- San Francisco, CA (15,835 per sq. mile ), Hudson, NJ (12,927 per sq. mile ), Suffolk, MA (11,184 per sq. mile ).

New York County, New York has a population base that is comprised of 47.7 percent White, 14.3 percent African American, 10.6 percent Asian, and 25.9 percent Hispanic. The population mix can be considered to have a very high level of racial and ethnic diversity, with 50.8 percent of minorities in the 2005 population base. This is greater than the State of New York percent of 37.7. Since 2000, New York has decreased the percent of minority makeup when 52.6 percent of the population were minorities.

New York County, New York had a total estimated population of 1,593,200 for the year 2005. The total population has increased, since the 2000 total population of 1,539,558. This growth shows an increase of 3.5 percent. New York ranks 1 of 62 counties when analyzing total population change in New York and the county ranks 51 of 3,141 counties in terms of population growth in the United States.

Estimated since the year 2000, a extremely high number of individuals have migrated to New York internationally. The migration from outside the US into New York accounts for 13.6 percent of the total migration into the State of New York. This amount of international migration is extremely high when compared to international migration per 2005 population.

In the year 2005, the population division of U.S. Census Bureau estimates the median age in New York County, New York to be 37.0 years old. The median in New York is less than the median age for the State of New York of 37.5. Since the year 2000, the area has seen an increase in the median age, when it was 35.7 years of age. With a total of 17.1 percent of the population in 2005 being comprised of children and youth younger than 18, New York can be understood as having a relatively low proportion of youths. The 18 to 64 years old population group has a relatively high presence of the population, with 70.1 percent of the population within the age group. People 65 and older make up 12.7 percent of the population. When compared to other counties in the United States, this represents a medium-low proportion of the area population base.

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

Housing Report for New York County, New York

2006-11-10T06:40:00.000-08:00

In New York County, there were a total of 819,796 housing structures in 2005. The area has seen growth in housing units, adding all together 15,952 residential structures since 2001, a change of 2 percent.

The owner-occupied dwellings in New York County, New York have seen declines from the housing values in 2000. The residential values have descreaed by $-,282,101, or -28.2 percent, since their values in that year of $1,000,001.

New York County recorded a median home value in 2005 of $717,900, according to the American Community Survey. This median is greater than the overall State of New York 2005 home value of $258,900 and greater than median home value of $167,500 for the rest of the nation in that year.

When compared to other counties in New York, New York County stands 21 of 62 by percentage growth in residential real estate. The county is positioned 1,951 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

There is a limited amount of real estate that is affordable in New York County, New York. In 2005, 5.6 percent of owner-occupied dwellings were valued under $125k.

New York County is made up of a extremely high proportion of high-valued homes. In 2005, the American Community Survey counted that 68.8 percent owner-occupied dwelling are valued over a half a million dollars.

Data Source: U.S. Census Bureau

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

2006-10-30T08:27:00.000-08:00

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

Management of companies and enterprises has the largest employers in New York County, averaging 63 jobs per establishment, which is greater than the industry's average in the United States of 40 and greater than the New York average of 42 for the Management of companies and enterprises industry.

In New York County, Finance and insurance, Information and Professional and technical services industries, in terms of United States location quotient, are the most dominant in the region. The Finance and insurance industry has a US LQ in the county of 2.92. The percent of employment in the Finance and insurance sector is 2.92 times greater than the US average, showing signs that New York County may specialize, or be an exporter of Finance and insurance.

In New York County, Finance and insurance, Professional and technical services, and the Health care and social assistance industries have the largest percent of jobs of all industries. The Finance and insurance is the largest employment industry and makes up 15.6 percent of all the jobs in the county. This makes up 281,391 people employed. The Professional and technical services and Health care and social assistance industries make up 14.6 and 11 percent of industry employment.

Management of companies and enterprises in the period of 2001 to 2005 had the largest increase in employment in New York County, growing by 9.8 percent. This is greater than the United States change in the sector jobs of 1.6 percent. The State of New York experienced a change in employment in the sector of 5.4 percent, in the duration of 2001 to 2005.

Finance and insurance saw the largest loss of employment between the years 2001-2005 in New York County. The industry lost a total of 44,548 jobs, or 13.7 percent of the employment in the industry. This made up a total of 35.9 percent of all county employment losses since 2001.

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