In Rensselaer County, jobs in the insurance agencies, brokerages, and related pay the highest wages

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Employment in the insurance agencies, brokerages, and related industry paid the average highest wages in Rensselaer County for 2006. The average worker in the industry in Rensselaer County received an annual wage of $88,469 in 2nd quarter of 2006. The pay is greater than the industry pay the State of New York of $71,307 and greater than then the wage for jobs in this industry in the US of $54,074.

Other top-pay jobs in Rensselaer County, New York may be found in highway, street, and bridge construction ($67,274), wired telecommunications carriers ($63,734), utility system construction ($61,942) and nonresidential building construction ($59,778) 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.

Rensselaer County Wages have increased by 19.9% Since 2001

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Since 2001, industry wages increased in Rensselaer County, New York by a total of 19.9%. This is greater than the growth in average 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.

Rensselaer County Five-Year Industry Employment Change

Of the 104 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 61 described an expansion of jobs throughout the time period, while 43 industry sectors reported declines during the time period.

Total Five-Year Employment Decline in Rensselaer County

From of the area's 4-digit NAICS industries, the Plastics product manufacturing industry faced the greatest employment loss with a total loss of 479 jobs. The declines in the Plastics product manufacturing industry make up 13.7 percent of the jobs lost during the period in Rensselaer County, New York.

Top 5 Industries
1. Plastics product manufacturing (479 jobs lost)
2. Offices of physicians (249 jobs lost)
3. Department stores (241 jobs lost)
4. Direct selling establishments (202 jobs lost)
5. Home health care services (187 jobs lost)

In Rensselaer County, New York, the aggregate employment for all industry sectors has decreased by 457 total jobs from 2001 to 2006.

Total Five-Year Employment Growth in Rensselaer County

Of the industries (4-digit NAICS) in the area, the Other general merchandise stores industry has accounted the most employment growth with a total of 426 total jobs brought in during the period. The growth in the Other general merchandise stores industry makes up 14.5 percent of the total employment growth in Rensselaer County.

Top 5 Industries
1. Other general merchandise stores (426 new jobs)
2. Nursing care facilities (251 new jobs)
3. Unclassified (240 new jobs)
4. Limited-service eating places (235 new jobs)
5. Professional and similar organizations (168 new jobs)

Rensselaer County Five-Year Percentage Growth in Employment

The Other support services industry has seen the largest percentage job growth, expanding by 578.9 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Rensselaer County has added employment faster than the industry job growth experienced in New York, where the industry took a loss of 11.7 percent. The Other support services industry in Rensselaer County outpaced the national average, which felt a gained 4.5 percent of the industry employment.

Top 5 Industries
1. Other support services (578.9 percent gain)
2. Unclassified (511.3 percent gain)
3. Other information services (367.2 percent gain)
4. Other general merchandise stores (324.9 percent gain)
5. Professional and similar organizations (278.5 percent gain)

Total employment has decreased by 1.1 percent from 2001 (2nd Quarter). These figures are greater than growth in the State of New York, which went through a loss of -1.0 percent since 2001 ( 2nd Quarter). The losses felt were greater than than the gain seen for the United States of 2.6 percent.

Rensselaer County Five-Year Percentage Decline in Employment

The Plastics product manufacturing industry has lost the largest amount of employment in terms of percentage, losing 93.5 percent of the jobs from 2001 to 2006. These have declined faster than the industry sector has felt in the State of New York, where the industry felt a loss of 16.4 percent. The losses in the Plastics product manufacturing industry in Rensselaer County outpaced the US in terms of percent of decline of industry employment. The US lost 9 percent in terms of employment in the Plastics product manufacturing industry.

Top 5 Industries
1. Plastics product manufacturing (93.5 percent decline)
2. Furniture stores (71.8 percent decline)
3. Sporting goods and musical instrument stores (61.7 percent decline)
4. Direct selling establishments (55.6 percent decline)
5. Motor vehicle and parts merchant wholesalers (52.3 percent decline)





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.

Rensselaer County One-Year Industry Employment Change

Total industry employment has increased by 1.2 percent from the reported values in 2005. These values are greater than growth in the State of New York, which saw a gain of 1.0 percent since the 2nd Quarter of 2005. The gains the area experienced were less than than the gain experienced overall in the US of 2.0 percent.

Rensselaer County One-Year Percentage Decline in Employment

The Machinery and equipment rental and leasing industry has seen the largest percentage drop in employment, losing 64.6 percent of the jobs from 2005 to 2006. These have declined faster than the industry sector has gone through in the New York, where the industry reported a loss of 2.3 percent. The losses in the Machinery and equipment rental and leasing industry in Rensselaer County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 8.5 percent in terms of employment in the Machinery and equipment rental and leasing industry.

Top 5 Industries
1. Machinery and equipment rental and leasing (64.6 percent decline)
2. Waste collection (59.6 percent decline)
3. Department stores (54.2 percent decline)
4. Plastics product manufacturing (38.3 percent decline)
5. Special food services (34.1 percent decline)

Rensselaer County One-Year Percentage Growth in Employment

The Other general merchandise stores industry has gone through the largest job growth by percent, increasing by 235.3 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Rensselaer County has increased employment faster than the industry has grown in the State of New York, where this industry saw a gain of 17.2 percent. The Other general merchandise stores industry in Rensselaer County outpaced the nation in terms of industry employment growth . During this period, the nation gained 3.3 percent in this industry.

Top 5 Industries
1. Other general merchandise stores (235.3 percent gain)
2. Other support services (214.6 percent gain)
3. Unclassified (78.5 percent gain)
4. Management and technical consulting services (75.2 percent gain)
5. Educational support services (75.0 percent gain)

Total One-Year Employment Growth in Rensselaer County

From the industries (4-digit NAICS) in the area, the Other general merchandise stores industry has grown the most with 391 new jobs created in the period. The job growth in the Other general merchandise stores industry makes up 23.4 percent of the total number of new jobs in Rensselaer County.

Top 5 Industries
1. Other general merchandise stores (391 new jobs)
2. Computer systems design and related services (194 new jobs)
3. Unclassified (126 new jobs)
4. Management and technical consulting services (89 new jobs)
5. Management of companies and enterprises (84 new jobs)

In Rensselaer County, New York, the aggregate employment for all industry sectors has increased by 465 jobs between mid-2005 and mid-2006.

Given the 113 industries with industry data reported by the BLS in each quarter, 62 described an expansion of jobs throughout the time period, while 49 industries reported a drop in employment.

Total One-Year Employment Decline in Rensselaer County

The Department stores industry faced the greatest employment loss with a total loss of 444 jobs during the time period. The jobs lost in the Department stores industry make up 25.0 percent of the employment lost during the period in Rensselaer County, New York.

Top 5 Industries
1. Department stores (444 jobs lost)
2. Special food services (257 jobs lost)
3. Employment services (160 jobs lost)
4. Scientific research and development services (96 jobs lost)
5. Insurance agencies, brokerages, and related (66 jobs lost)





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 Rensselaer County, New York

As the median income level saw a decline from 2000 to 2005 in Rensselaer County, New York, the Race/Ethnicity group that went through the most dramatic decline in median household income was the Hispanic Race/Ethnicity category. This category went through a decline of 4.7 percent in the last five years. The Asian Race/Ethnicity group has been least impacted by the median income decline in Rensselaer County, undergoing a 141.4 percent increase in median income, since the values reported in the 2000 Decennial Census.

When analyzed against other counties (and parishes) in the US, Rensselaer County was reported to have a relatively high median household income of $50,199 (2005 Dollars). This median is 1.1 percent lower than the household income median in State of New York of $50,770 and the median is 2.1 percent higher than the median household income in the United States of $49,133.

The median household income has declined from the values (adjusted for inflation) in 2000. The median has decreased to $47,689, posting a 5 percent decline. Rensselaer County, New York, when analyzing percentage of decline, ranks 12 of 29 counties in percent of decline for median household income in the State of New York. Rensselaer County ranks 469 of 668 counties (or parishes) when comparing total percent of decline in median income level for the United States.

Evaluated with other counties (or parishes) across the nation, Rensselaer County, New York can be considered to have a rate of poverty among its population, accounting a rate of 9.5 percent of the individuals existing in families with incomes under the poverty level in 1999. The Hispanic race/ethnicity demographic category, owns the foremost rate of poverty with 31.3 percent of the people in 2000 living in poverty. The population that is aged Under 5 years are witness to the most percent living in poverty in Rensselaer County, having 16.1 percent of this age group in the area living in poverty.

In Rensselaer County, New York White headed households reported household income (in 2005 Dollars) of $52,677 as reported in 2000 by the census, which was 4.9 percent greater than the median household income in 2000. Hispanic in Rensselaer County, New York recorded a median income of $26,124, this median is 48 percent less than reported value of the areas total household median income for all households. According to the 2000 Census, the Asian headed households in the area have median household incomes of $33,401. This median is 33.5 percent less than the reported median household income, in the area, for all households. Black or African American householders reported a median household income that was 45.6 percent less than the all population median published in the 2000 Census, with a median of $27,287. The households that were headed by an American Indian and Alaska Native individual in Rensselaer County reported a median household income of $43,666, this was 13 percent less than the median level for total households in the area.

The poverty rate in Rensselaer County, New York has increased by 3.2 percent since the 2000 rates, moving from 9.5 percent to 12.7 percent.

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

Higher Education in Rensselaer County, New York

In Rensselaer County, New York according to the Decennial Census of 2000, 23.6 percent of the White Alone, 17 percent of Black or African American, 71.6 percent of the Asian alone and 21.2 percent of the Hispanic or Latino (+25) population has achieved at least a Bachelors Degree.

From 2000 to 2005, the percent of male population that is highly educated has increased by 1.8 percent. By the year 2005, 26.8 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 1.0 percent. By the year 2005, a total of 24 percent of the women in the population had received a Bachelors Degree or Higher.

Rensselaer County, New York can be considered to have a highly-educated 2000 population, with 23.8 percent of the population over 25 years old having received at least a Bachelors Degree, according to the Decennial Census of 2000. Rensselaer is reported having a lower percent of individuals with higher educations than the State of New York's proportion of 27.4 percent and a lower percent than the average across the nation of 24.4 percent.

Reported by the 2000 Census in Rensselaer County, New York, many men in the area have reached the High School Diploma category, with 30.6 percent achieving this level. The female population in Rensselaer have achieved a lower level of higher education (Bachelors Degree or Higher) than the male population-- 24.6 percent (Men) versus 23 percent (Women). A high proportion of the female population in the area has reached the High School Diploma category, with 34.2 percent of the female population achieving this education level.

Since the year 2000, Rensselaer has increased in the percent of the total population (+25) with a BA or Higher. The portion of this population has grown by 1.6 percent to a total of 25.4 percent in 2005, according to the American Community Survey. The 2005 proportion of highly educated population is less than the 2005 State of New York percent of 31.2 and less than the average US percent of 27.2.

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

Demographic Profile for Rensselaer County, New York

Rensselaer County, New York has a population base that is comprised of 88.9 percent White, 5.2 percent African American, 2.2 percent Asian, and 2.5 percent Hispanic. This area can be considered to have a modest level of diversity, with 9.9 percent of minorities in the 2005 population base. This is less than the State of New York percent of 37.7. Since 2000, Rensselaer has increased the percent of minority makeup when 8.6 percent of the people were minorities.

The population division of the Census Bureau estimates in 2005 a median age in Rensselaer County, New York to be 37.8 years of age. The median age in Rensselaer 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 36.8 years old. With 22.3 percent of the 2005 population being made up of children and youth younger than 18, Rensselaer can be described as being made up of a medium-low proportion of youths. The 18 to 64 years old population group has a medium-high representation within the estimated 2005 area population, making up 64.6 percent of the population within the age category. People 65 years old and older make up 13.2 percent of the population in the area. When compared to other counties throughout the United States, this represents a medium-low proportion of the area population base.

When measuring the total land area, Rensselaer spans a total of 654 square miles. This area has a medium-high density of 237 persons per square mile. Similar counties in the US, in terms of density, include: -- more densely populated -- Carver, MN (238 per sq. mile ), Orange, TX (238 per sq. mile ), Wicomico, MD (240 per sq. mile ), -- less densely populated -- Wood, WV (237 per sq. mile ), St. Clair, MI (237 per sq. mile ), Geauga, OH (236 per sq. mile ).

From 2000, a medium-high amount of people migrated to Rensselaer internationally. The international migration into Rensselaer accounts for 0.2 percent of the total international migration into the State of New York. This amount of international migration is medium-high when compared to international migration per 2005 population.

Rensselaer County, New York had an estimated population of 155,251 in the year 2005. The population has increased, from the population in the year 2000 of 152,570. This growth shows an increase of 1.8 percent. Rensselaer ranks 18 of 62 counties when calculating total change in population for New York and the county ranks 703 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 Rensselaer County, New York

Rensselaer County recorded median owner-occupied home value in the year 2005 of $133,300, reported by the American Community Survey. This home value is less than the overall State of New York 2005 home value of $258,900 and less than median home value of $167,500 across the United States during the same year.

The owner-occupied dwellings in Rensselaer County, New York have seen large increases since the Census values accounted for in the year 2000. The values have increased by $30,400, or 29.5 percent, since 2000 when they were valued at $102,900.

Throughout the State of New York, Rensselaer County stands 17 of 62 in terms of percentage growth in new housing structures. The county ranks 1,715 of 3,141, comparing the percentage change in residential in other US counties.

Rensselaer County has a small, but present percentage of homes that are high in price. In 2005, the American Community Survey reported that 0.8 percent residential property is valued over $500k.

In Rensselaer County, the census reported 67,967 homes in 2005. The county has experienced a growth in housing units, adding all together 1,551 housing units since the year 2001, or 2.3 percent.

There seems to be a fair amount of real estate that is affordable in Rensselaer County, New York. In 2005, 45 percent of housing was valued under $125k.

Data Source: U.S. Census Bureau