Syracuse, NY

Syracuse Metro Area industry wages have increased by 14.6% percent since 2001

2007-03-19T01:52:00.000-07:00

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Industry wages, from 2001 to 2006, have increased in the Syracuse Metro Area by a total of 14.6%. This is less than the growth in wages for the State of New York and less 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.

Syracuse Metro Area Industry Wages Lag Behind New York, and Wages Lag Behind the United States Industry Wages

2007-02-27T23:01:00.000-08:00

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Wages in all industries in Syracuse, NY can be described as medium-high when analyzed with other Metro Areas in the United States. The overall wages are 27.3 percent lower than the state, which was reported to be $50,107. The overall industry wage was less 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.

Syracuse Five-Year Industry Employment Change

2007-02-11T20:06:00.000-08:00

The Syracuse Metro Area: Five-Year Percentage Growth in Employment

The Unclassified industry has witnessed the largest percentage of employment expansion, increasing by 260.0 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Syracuse has grow faster than the growth seen in the industry for New York, where it saw a gain of 208.5 percent. The Unclassified industry in Syracuse outpaced the nation in terms of industry employment growth . During this period, the nation gained 1.7 percent.

Top 5 Industries
1. Unclassified (260.0 percent gain)
2. Management and technical consulting services (87.6 percent gain)
3. Individual and family services (49.6 percent gain)
4. Offices of other health practitioners (36.9 percent gain)
5. Other specialty trade contractors (30.0 percent gain)

Total industry employment has decreased by 2.4 percent since the 2nd Quarter of 2001. This is greater than growth in New York, experiencing a loss of 1 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.

The Syracuse Metro Area: Five-Year Percentage Decline in Employment

The HVAC and commercial refrigeration equipment industry has lost the biggest percent of jobs, losing 58.4 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 sector experienced a loss of 35.1 percent. The losses in the HVAC and commercial refrigeration equipment industry in Syracuse outpaced the US in terms of percent of decline of industry employment. The US lost 17.3 percent in terms of employment in the HVAC and commercial refrigeration equipment industry.

Top 5 Industries
1. HVAC and commercial refrigeration equipment (58.4 percent decline)
2. Misc. nondurable goods merchant wholesalers (47.2 percent decline)
3. Highway, street, and bridge construction (41.9 percent decline)
4. Furniture stores (40.4 percent decline)
5. Civic and social organizations (39.4 percent decline)

Total Five-Year Employment Decline in the Syracuse Metro Area

From of the area's 4-digit NAICS industries, the HVAC and commercial refrigeration equipment industry witnessed the largest drop in employment, losing a total of 2,257 jobs in that time period. The declines in the HVAC and commercial refrigeration equipment industry make up 25.4 percent of the total employment decline in Syracuse, NY.

Top 5 Industries
1. HVAC and commercial refrigeration equipment (2,257 jobs lost)
2. Machinery and supply merchant wholesalers (794 jobs lost)
3. Insurance carriers (698 jobs lost)
4. Civic and social organizations (407 jobs lost)
5. Services to buildings and dwellings (398 jobs lost)

Given the 74 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 39 showed an escalation in the number employed, while 35 industries reported employment loss in the period.

Total Five-Year Employment Growth in the Syracuse Metro Area

From the industries (4-digit NAICS) in the area, the Individual and family services industry has added the most employment with 1,288 new jobs created in the period. The job growth in the Individual and family services industry makes up 14.1 percent of the growth in Syracuse.

Top 5 Industries
1. Individual and family services (1,288 new jobs)
2. Offices of physicians (902 new jobs)
3. Unclassified (743 new jobs)
4. Limited-service eating places (729 new jobs)
5. Depository credit intermediation (672 new jobs)

In the Syracuse, NY metro area, the total number of workers for all sectors has decreased by 6,186 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.

Syracuse One-Year Industry Employment Change

2007-01-24T17:36:00.000-08:00

The Syracuse Metro Area: One-Year Percentage Decline in Employment

The Activities related to credit intermediation industry has lost the largest percent of jobs, losing 21.9 percent of the jobs from the 2nd quarter of 2005 to 2nd quarter of 2006. The losses of the area have declined faster than the industry has experienced in the State of New York, where the it saw a gain of 5.5 percent. The losses in the Activities related to credit intermediation industry in Syracuse outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 5.4 in percent of workers in the Activities related to credit intermediation industry.

Top 5 Industries
1. Activities related to credit intermediation (21.9 percent decline)
2. Department stores (18.5 percent decline)
3. Other chemical product and preparation mfg. (16.7 percent decline)
4. Building material and supplies dealers (13.6 percent decline)
5. Automobile dealers (12.9 percent decline)

The Syracuse Metro Area: One-Year Percentage Growth in Employment

The Apparel and piece goods merchant wholesalers industry has experienced the largest percentage growth, expanding by 137.5 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Syracuse has expanded faster than the industry has grown in the State of New York, where the industry felt a gain of 2.5 percent. The Apparel and piece goods merchant wholesalers industry in Syracuse outpaced the US in terms of percent growth of industry employment. During this period, the US gained 2.8 percent.

Top 5 Industries
1. Apparel and piece goods merchant wholesalers (137.5 percent gain)
2. Unclassified (92.6 percent gain)
3. Greenhouse and nursery production (32.7 percent gain)
4. Other textile product mills (31.9 percent gain)
5. Other general merchandise stores (25.4 percent gain)

Total employment has decreased by 0.2 percent since the 2nd Quarter figures of 2005. This change is greater than percent in the State of New York, which saw a gain of 1 percent from 2005 (2nd Quarter). The losses were greater than than the gain felt at the national level of 2 percent.

In the Syracuse, NY metro area, the entire sum of jobs in all of the industries has decreased by 506 jobs from mid-2005 to mid-2006.

Total One-Year Employment Growth in the Syracuse Metro Area

Of the industries (4-digit NAICS) in the area, the Other general merchandise stores industry has added the most employment with 523 jobs added during the time period. These new jobs in the Other general merchandise stores industry makes up 11.6 percent of the total growth in Syracuse.

Top 5 Industries
1. Other general merchandise stores (523 new jobs)
2. Unclassified (494 new jobs)
3. Building equipment contractors (381 new jobs)
4. Management of companies and enterprises (349 new jobs)
5. Grocery and Related Product Wholesalers (249 new jobs)

Total One-Year Employment Decline in the Syracuse Metro Area

Given the industries in the area, the Department stores industry experienced most substantial job loss, losing 617 jobs. The declines in the Department stores industry make up 13.9 percent of the employment lost during the period in Syracuse, NY.

Top 5 Industries
1. Department stores (617 jobs lost)
2. Building material and supplies dealers (420 jobs lost)
3. Automobile dealers (410 jobs lost)
4. Full-service restaurants (242 jobs lost)
5. HVAC and commercial refrigeration equipment (221 jobs lost)

From the 112 industries with industry data reported by the BLS in each quarter, 59 reported job growth in the duration of the year and 52 industry sectors reported declines during the time period.

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 Syracuse, NY

2007-01-11T18:39:00.000-08:00

The poverty rate in the Syracuse, NY Metro has declined by 2.0 percent since the amount published in 2000, moving from 16.2 percent to 14.2 percent.

The household income has increased from the inflation-adjusted values in 2000. The income level has increased to $44,727, posting a 14.9 percent growth. The Syracuse, NY MSA, when comparing total percent of growth, ranks 2 of 6 metro area in percent of growth for income levels in the State of New York. Syracuse ranks 38 of 233 metro area in terms of the growth in median income level for the United States.

The American Indian and Alaska Native householders in Syracuse had a median income of $48,913, which was 25.6 percent greater than the median level for total households in the area. In Syracuse, NY White householders had a median household income (in 2005 Dollars) of $48,347 according to the 2000 Dencennial Census, which was 24.2 percent greater than the median in 2000. The Asian headed households reported median household incomes of $47,598. This median is 22.2 percent greater than the reported median for all households in the area. Black or African American headed households had median income levels that were 27.2 percent less than the total 2000 reported median, with a their median reported to be $28,355. Hispanic Householders in Syracuse, NY reported a median household income of $36,761, this median is 5.6 percent less than the median reported for all households in the area.

While the median household income saw a growth in the last five year in the Syracuse, NY metro area, the Race/Ethnicity category that saw the sharpest growth in household income was the Race/Ethnicity category. This category went through an of . percent in the last five years. The population category was least influenced by the median household income growth in Syracuse, experiencing a . percent in household income level, since the year 2005.

Evaluated with other MSAs across the nation, the Syracuse metro area can be considered to have a relatively high rate of poverty among its population, accounting a rate of 16.2 percent of the population with family incomes below the 1999 poverty level. The Black or African American race/ethnicity demographic group, represents the largest rate of poverty with 26.5 percent of the population in 2000 living in poverty. Individuals aged Under 5 years have the most percent of people living in poverty in Syracuse, accounting 23.5 percent of this age group in the area living in poverty.

When analyzed against other Metropolitan Statistical Areas in the US, the Syracuse metro area reported a relatively low median income for households of $38,935 (Adjusted to 2005 Dollars). This is 30.4 percent lower than the median in State of New York of $50,770 and the income level is 26.2 percent lower than the median for the rest of the nation, which is a reported $49,133.

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

Higher Education in the Syracuse, NY Metro Area

2006-12-19T22:49:00.000-08:00

Syracuse, NY Metro Area is made up of a moderately-educated population of the working age, with 26.2 percent of the population (+25) having received a BA or higher, as reported in American Community Survey of 2005. The Syracuse MSA is reported having a lower percent of individuals with higher educations than the State of New York's proportion of 31.2 percent and a lower percent than the average across the nation of 27.2 percent.

From the years 2000 to 2005, the proportion of the male population that could be considered highly educated has increased by 10.8 percent. By 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 9.6 percent. By 2005, a total of 25.6 percent of the female population having received at least a Bachelors Degree.

Since the year 2000, the Syracuse metro area has increased in the population percent with a Bachelors of Higher. This population percent has grown by 10.4 percent to a total of 26.2 percent in 2005, according to the American Community Survey. The 2005 proportion of highly educated population is less than the State of New York percent of 31.2 and less than the national percent of 27.2.

In the Syracuse, NY Metro Area as reported in the 2005 American Community Survey, 26.4 percent of the White Alone, 13.4 percent of Black or African American, 60.6 percent of the Asian alone and 10.4 percent of the Hispanic or Latino population, over the age 25, has achieved at least a Bachelors Degree.

In 2005, the American Community Survey reported that in the Syracuse, NY Metro Area, many men in the area have reached the High School Diploma category, with 32.4 percent obtaining this level of education. The women in the Syracuse metro area have attainment on average a lower level of higher education (Bachelors or Higher) than the men in the area: 26.8 percent (Men) versus 25.6 percent (Women). The most common level of education for women in the area is High School Diploma category, with 32.8 percent of the female population achieving this education level.

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

Demographic Profile for Syracuse, NY

2006-12-03T06:09:00.000-08:00

The Syracuse metropolitan statistical area (MSA) has a population that is made of 86.6 percent White, 7.1 percent African American, 1.9 percent Asian, and 2.3 percent Hispanic. The area population base can be described as having a modest level of diversity in terms of race and ethnicity, with 11.3 percent of the population made up of minorities. This is less than the State of New York percent of 37.7. Since 2000, Syracuse has increased the percent of minority population when 10.6 percent of the total population were minorities.

The Syracuse metro area had a population of 651,763 for the year 2005. The total population has increased, since the 2000 total population of 650,430. This growth denotes an increase of 0.2 percent. Syracuse ranks 7 of 12 MSAs when calculating total change in population for New York and the metro area ranks 294 of 361 metro areas when calculating the total change in MSA population across the US.

When calculating the total land area, the Syracuse metro area encompasses a total area of 2389 square miles. The MSA has a medium-high average area density of 273 persons per square mile. Other metro areas with similar densities in the US include: -- more densely populated -- Memphis (276 per sq. mile ), Monroe (279 per sq. mile ), Denver-Aurora (282 per sq. mile ), -- less densely populated -- Grand Rapids-Wyoming (273 per sq. mile ), Kalamazoo-Portage (272 per sq. mile ), Huntsville (269 per sq. mile ).

From 2000, a medium-high number of individuals have migrated into the Syracuse metro area, with 6,065 people migrating in internationally. The international migration into Syracuse totals 0.9 percent of the total international migration into the State of New York. This percent of international migration is medium-high when analyzed against the base population in the year 2005 and compared to other metro areas across the US.

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

Housing Report for Syracuse

2006-11-11T20:48:00.000-08:00

Syracuse recorded median owner-occupied home value in the year 2005 of $95,800, accounted by the American Community Survey. This median is less than the overall New York 2005 median owner-occupied dwelling value of $258,900 and less than median owner-occupied dwelling value of $167,500 across the nation during that year.

Syracuse can be understood as having a small, but present percentage of homes that are high in price. For 2005, the American Community Survey reported that 0.8 percent of the areas residential property was valued over $500k.

According to the data, there is a large amount of affordable housing in Syracuse, New York. In 2005, 67 percent of housing was valued under $125k.

In Syracuse, there were a total of 283,711 homes in 2005. The metro area has experienced a medium level of growth in the number housing units, adding in all 4,260 residential units since 2001, or 1.5 percent.

Looking across the State of New York, Syracuse places 8 of the 12 metro areas in terms of percentage growth in new housing structures. The metropolitan statistical area (msa) ranks 338 of 361, compared to percent change of residential structures in other metropolitan areas throughout the United States.

Data Source: U.S. Census Bureau

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

2006-11-05T03:15:00.000-08:00

Manufacturing has the largest businesses in Syracuse Metro Area. The industry averages 52 workers per each place of employment, being greater than the industry's average at the national level of 39 and greater than the State of New York average of 30 for the Manufacturing industry.

In Syracuse, Retail Trade, Manufacturing, and the Accommodation and food services industries are the largest employment industries. The Retail Trade provides the most jobs and contributes 14.6 percent of the total MSA employment. This totals 36,491 individuals. The Manufacturing and Accommodation and food services sectors account for 13.2 and 8.9 percent of the total jobs, respectively.

The Syracuse Metropolitan Area is ranked at 74 of 363 throughout the US according to the relatively size of the employment base in the year 2005. This ranking has slipped behind since the year 2001, when it was ranked 67 of 363 Counties.

A high-wage industry in Syracuse is the utilities sector paying an annual wage of $88,392. Throughout the MSA since the year 2001, the industry annual average pay has grown by 20.3 percent or $14,909. The State of New York shows a similar job market in the utilities industry, falling near the top of industries in term of the average annual pay of 2004.

Arts, entertainment, and recreation from 2001-2005 had the highest increase in employment in Syracuse, growing by 24.5 percent. This is greater than the rate of employment change across the nation of 4.7 percent. The State of New York faced a industry job change of 5.9 percent, in the last 5 years.

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