Cleveland-Elyria-Mentor, OH

Cleveland-Elyria-Mentor Metro Area industry wages have increased by 15.9% percent since 2001

2007-03-19T00:41:00.000-07:00

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From 2001 to 2006, average industry wages increased in the Cleveland-Elyria-Mentor Metro Area by a total of 15.9%. This is greater than the growth in wages for the State of Ohio 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.

Cleveland-Elyria-Mentor Metro Area Industry Wages Lag Behind Ohio, and Wages Lag Behind the United States Industry Wages

2007-02-27T21:43:00.000-08:00

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Total wages in all industries in Cleveland-Elyria-Mentor, OH can be understood as being relatively high when compared to other Metro Areas throughout the US in the 2nd quarter of 2006. The industry wages are 13 percent lower than the state, which accounted an average of $36,666. The overall industry wage was less than the industry average in the US 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.

Cleveland-Elyria-Mentor One-Year Industry Employment Change

2007-01-24T09:08:00.000-08:00

The Cleveland-Elyria-Mentor Metro Area: One-Year Percentage Decline in Employment

The Alumina and aluminum production industry has lost the largest amount of employment in terms of percentage, losing 37.8 percent of the jobs from 2005 to 2006. These have declined faster than the industry has seen in the Ohio, where the industry felt a loss of 9.1 percent. The losses in the Alumina and aluminum production industry in Cleveland-Elyria-Mentor outpaced the US in terms of percent of decline of industry employment. The US gained 0 in percent of jobs in the Alumina and aluminum production industry.

Top 5 Industries
1. Alumina and aluminum production (37.8 percent decline)
2. Nondepository credit intermediation (21.6 percent decline)
3. Commercial and service industry machinery (17.5 percent decline)
4. Beverage manufacturing (16.9 percent decline)
5. Book, periodical, and music stores (16.6 percent decline)

The total number of jobs has increased by 0.6 percent since the 2nd Quarter figures of 2005. This change is greater than growth in Ohio, which saw a gain of 0.4 percent from 2005 (2nd Quarter). The gains were less than than the gain experienced overall in the US of 2 percent.

The Cleveland-Elyria-Mentor Metro Area: One-Year Percentage Growth in Employment

The Cutlery and handtool manufacturing industry has gone through the largest job growth by percent, increasing by 24.3 percent from 2005 to 2006. This industry in Cleveland-Elyria-Mentor has increased employment faster than the growth seen in the industry for Ohio, where it saw a gain of 2.2 percent. The Cutlery and handtool manufacturing industry in Cleveland-Elyria-Mentor outpaced the national average, which felt a lost 3.4 percent of the employment in this industry.

Top 5 Industries
1. Cutlery and handtool manufacturing (24.3 percent gain)
2. Commercial machinery repair and maintenance (23.2 percent gain)
3. Telecommunications resellers (19.6 percent gain)
4. Other nonmetallic mineral products (17.5 percent gain)
5. Alcoholic beverage merchant wholesalers (16.3 percent gain)

Total One-Year Employment Decline in the Cleveland-Elyria-Mentor Metro Area

Given the industries in the area, the Nondepository credit intermediation industry experienced most substantial job loss, losing 1,696 jobs during the time period. The jobs lost in the Nondepository credit intermediation industry make up 13.1 percent of the total employment decline in Cleveland-Elyria-Mentor, OH.

Top 5 Industries
1. Nondepository credit intermediation (1,696 jobs lost)
2. Motor vehicle parts manufacturing (880 jobs lost)
3. Colleges and universities (823 jobs lost)
4. Office supplies, stationery, and gift stores (678 jobs lost)
5. Depository credit intermediation (644 jobs lost)

Given the 172 industries with industry data reported by the BLS in each quarter, 83 accounted an for increase in employment during the period and 88 industry sectors reported declines during the time period.

In the Cleveland-Elyria-Mentor, OH metro area, the entire sum of jobs in all of the industries has increased by 5,587 jobs between mid-2005 and mid-2006.

Total One-Year Employment Growth in the Cleveland-Elyria-Mentor Metro Area

The Full-service restaurants industry has added the most employment with 1,473 new jobs created in the period. The job growth in the Full-service restaurants industry makes up 8.8 percent of the total number of new jobs in Cleveland-Elyria-Mentor.

Top 5 Industries
1. Full-service restaurants (1,473 new jobs)
2. General medical and surgical hospitals (1,381 new jobs)
3. Management of companies and enterprises (1,293 new jobs)
4. Management and technical consulting services (632 new jobs)
5. Offices of other health practitioners (527 new jobs)

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 Cleveland-Elyria-Mentor, OH

2007-01-11T14:37:00.000-08:00

When compared to other Metro Areas across the United States, the Cleveland-Elyria-Mentor metro area can be considered to have a medium-low poverty rate amongst the population, with a poverty rate of 11.7 percent of the individuals existing in families with incomes under the poverty level in 1999. The Black or African American race/ethnicity demographic group, represents the largest rate of poverty with 22.4 percent of the people in 2000 living in poverty. The population that is aged 5 years are witness to the most percent living in poverty in Cleveland-Elyria-Mentor, reporting 16.8 percent of this age group in the area living in poverty.

While the median household income saw a growth in the last five year in the Cleveland-Elyria-Mentor, OH metro area, the Race/Ethnicity category that felt the biggest growth in the household income level was the category. This category saw an of . percent since the year 2000. The population group was least impacted by the household income growth in Cleveland-Elyria-Mentor, undergoing a . percent in median household income from 2000 to 2005.

When compared to other Metro Areas throughout the United States, the Cleveland-Elyria-Mentor metro area accounted a medium-low median household income of $42,486 (2005 Dollars). This median is 12.8 percent lower than the median in State of Ohio of $47,919 and the income level is 15.6 percent lower than the median in the US, which is $49,133.

Black or African American headed households had a median household income that was 23.3 percent less than the total 2000 reported median, with a their median reported to be $32,588. The American Indian and Alaska Native householders in Cleveland-Elyria-Mentor reported an income level of $33,312, this level was 21.6 percent less than the median for all households. Hispanic households in Cleveland-Elyria-Mentor, OH , according to the 2000 census, had a median household income of $38,574, which is 9.2 percent less than the median reported for all households in the area. According to the 2000 Census, the Asian headed households in the area have median household incomes of $38,690. This income level is 8.9 percent less than the reported median for all households in the area. In Cleveland-Elyria-Mentor, OH White headed households reported a median household income (2005 Dollars) of $45,192 as reported by the Decennial Census of 2000, which was 6.4 percent greater than the median income in 2000.

The rate of poverty in the Cleveland-Elyria-Mentor, OH Metro has increased by 2.1 percent from the levels reported in the Decennial Census of 2000, moving from 11.7 percent to 13.8 percent.

The areas median household income has increased from the inflation-adjusted values in 2000. The income level has increased to $44,281, which represents a 4.2 percent growth. The Cleveland-Elyria-Mentor, OH MSA, when comparing total percent of growth, ranks 6 of 7 metro area in percent of growth for household income in Ohio. Cleveland-Elyria-Mentor ranks 178 of 233 metro area when comparing total percent of growth in median income level for the United States.

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

Higher Education in the Cleveland-Elyria-Mentor, OH Metro Area

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Cleveland-Elyria-Mentor, OH Metro Area has a moderately-educated population of the working age, with 26.6 percent of the population (+25) having received at least a Bachelors Degree, as reported in the 2005 American Community Survey. The Cleveland-Elyria-Mentor MSA has a higher percent of population with high education level than the State of Ohio's proportion of 23.4 percent and a lower percent than the US proportion of 27.2 percent.

Since 2000, the Cleveland-Elyria-Mentor metro area has increased in the population percent with a Bachelors of Higher. This population percent has grown by 9.6 percent to a total of 26.6 percent in 2005, according to the American Community Survey. The 2005 proportion of highly educated population is greater than the 2005 State of Ohio percent of 23.4 and less than the average US percent of 27.2.

Reported by the 2005 American Community Survey in the Cleveland-Elyria-Mentor, OH Metro Area, the largest educational attainment category for men is the High School Diploma category, with 31.8 percent achieving this level. The female population in the Cleveland-Elyria-Mentor metro area have achieved a lower level of higher education (Bachelors or Higher) than the men in the area: 29 percent (Men) versus 24.6 percent (Women). Many of the women in the area achieving a High School Diploma category, with 33.6 percent of women in the area reaching this education level.

From the years 2000 to 2005, the proportion of the male population that could be considered highly educated has increased by 12.0 percent. By the year 2005, 29 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 7.6 percent. By 2005, a total of 24.6 percent of the female population having received at least a Bachelors Degree.

In the Cleveland-Elyria-Mentor, OH Metro Area as reported in the 2005 American Community Survey, 29.4 percent of the White Alone, 12 percent of Black or African American, 57 percent of the Asian alone and 13.2 percent of the Hispanic or Latino (+25) population has achieved at least a Bachelors Degree.

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

Demographic Profile for Cleveland-Elyria-Mentor, OH

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By measuring total land area, the Cleveland-Elyria-Mentor metro area covers a total land area of 2004 square miles. The MSA has a very high average area density of 1,061 persons per square mile. Other metro areas with similar densities in the US include: -- more densely populated -- Detroit-Warren-Livonia (1,147 per sq. mile ), Philadelphia-Camden-Wilmington (1,258 per sq. mile ), Boston-Cambridge-Quincy (1,258 per sq. mile ), -- less densely populated -- Miami-Fort Lauderdale-Miami Beach (1,058 per sq. mile ), Tampa-St Petersburg-Clearwater (1,037 per sq. mile ), Milwaukee-Waukesha-West Allis (1,036 per sq. mile ).

From 2000, a medium-high number of individuals have migrated into the Cleveland-Elyria-Mentor metro area, with 19,524 people migrating in internationally. The international migration into Cleveland-Elyria-Mentor totals 26 percent of all immigration into Ohio. 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.

The Cleveland-Elyria-Mentor metro area had a population of 2,126,318 in 2005. The total population has decreased, since its 2000 population of 2,148,161. The decline signifies a decrease of -1 percent. Cleveland-Elyria-Mentor ranks 12 of 12 MSAs when calculating total change in population for Ohio and the metro area ranks 359 of 361 metro areas in terms of population growth in the United States.

The Cleveland-Elyria-Mentor metropolitan statistical area (MSA) has a population that is made of 73.6 percent White, 19.5 percent African American, 1.7 percent Asian, and 3.8 percent Hispanic. The area population base can be described as having a high amount of racial and ethnic diversity, with 25.0 percent of the population made up of minorities. This is greater than the State of Ohio percent of 15.5. Since 2000, Cleveland-Elyria-Mentor has increased the percent of minority population when 24.0 percent of the population was made up of minorities.

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

Housing Report for Cleveland-Elyria-Mentor

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There seems to be a fair amount of real estate that is affordable in Cleveland-Elyria-Mentor, Ohio. In 2005, 36.4 percent of residential real estate was valued under $125,000.

In Cleveland-Elyria-Mentor, there were a total of 936,861 homes in the year 2005. This MSA has gone through a medium level of growth in the number housing units, adding in all 19,591 homes since 2001, or 2.1 percent.

Cleveland-Elyria-Mentor may be described as having a medium percentage of homes that are high in price. For 2005, the American Community Survey counted that 2.9 percent of the houses were valued over a half a million dollars.

Cleveland-Elyria-Mentor had a median home value in the year 2005 of $146,700, published by the American Community Survey. This is greater than the Ohio 2005 home value of $129,600 and less than median home value of $167,500 across the nation during that year.

Looking across the State of Ohio, Cleveland-Elyria-Mentor places 9 of the 12 metro areas by percent in growth of new residential structures. The metropolitan area places 309 of 361, comparing the percentage change in residential real estate in other US MSAs.

Data Source: U.S. Census Bureau

Employment Report for Cleveland, Ohio -- Annual 2005 Industry Summary

2006-11-04T22:37:00.000-08:00

An industry with high wages in Cleveland is the management of companies and enterprises industry with an average annual wage of $77,729. Locally, since the year 2001, the annual average wages in the industry have grown by 31.3 percent or $18,520. The State of Ohio reflects the same job market in the management of companies and enterprises sector, placing at the top of sectors according to average 2004 industry pay.

In Cleveland, Educational services, Management of companies and enterprises and Manufacturing have the highest US LQ in 2005. The Educational services sector in the county has a location quotient of 1.39. This means the percent of total employment in the Educational services sector is 1.39 times more than the average percent in the United States, revealing signs that Cleveland produces more than its local requirement of products and/or services of Educational services.

Management of companies and enterprises has the largest employers in Cleveland Metropolitan Area (MSA), averaging 69 workers per each place of employment, being greater than the industry's average at the national level of 40 and less than the Ohio typical size of 71 for the Management of companies and enterprises industry.

Manufacturing since the year 2001 was faced with the largest loss in employment in the Cleveland MSA. The sector faced a loss of 31,212 total jobs during the period, accounting for 17.3 percent of jobs in the industry. The losses in this industry made up 56.1 percent of the total loss in employment during the period.

Educational services from 2001-2005 had the highest increase in employment in Cleveland, increasing by 22.5 percent. This is greater than the United States industry change in employment of 13.8 percent. The State of Ohio saw a change in employment in the sector of 16.7 percent, in the course of time since 2001.

In Cleveland, Manufacturing, Health care and social assistance, and the Retail Trade industries are the largest employment industries. The Manufacturing is the largest employment industry and makes up 16.4 percent of the total MSA employment. This totals 148,827 people employed. The Health care and social assistance and Retail Trade sectors provide 15.4 and 12.1 percent of all employment.

The Cleveland-Elyria-Mentor Metropolitan Area ranks 22 of 363 throughout the US in terms the size of total employment in 2005. This ranking has slipped behind from the year 2001, at which time the Metropolitan Area was ranked 21 of 363 Counties.

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