Columbus, OH

Columbus Metro Area industry wages have increased by 15.2% percent since 2001

2007-03-19T00:43:00.000-07:00

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Industry wages, from 2001 to 2006, have increased in the Columbus Metro Area by a total of 15.2%. This is greater than the growth in average industry wages for Ohio and less than the growth in industry wages for the nation as a whole.

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.

Columbus Metro Area Industry Wages Exceed Ohio, but Wages Lag Behind the United States Industry Wages

2007-02-27T21:45:00.000-08:00

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The overall industry wages in Columbus, OH when analyzed can be understood as being relatively high when analyzed with other 2nd quarter of 2006 Metro Area wages throughout the US. The average pay is 5.6 percent higher than the state, which accounted an average of $36,666. The overall industry wage was less than the national industry average 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.

Columbus Five-Year Industry Employment Change

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Total Five-Year Employment Decline in the Columbus Metro Area

Given the industries in the area, the Health and personal care stores industry experienced most substantial job loss, losing 3,701 jobs during the time period. The jobs lost in the Health and personal care stores industry make up 46.4 percent of the employment lost during the period in Columbus, OH.

Top 5 Industries
1. Health and personal care stores (3,701 jobs lost)
2. Building equipment contractors (1,450 jobs lost)
3. Building finishing contractors (1,283 jobs lost)
4. Automotive repair and maintenance (870 jobs lost)
5. Traveler accommodation (370 jobs lost)

Of the 19 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 9 showed an escalation in the number employed, while 10 industries reported employment loss in the period.

In the Columbus, OH metro area, the entire sum of jobs in all of the industries has increased by 3,400 jobs from mid-2001 to mid-2006.

Total Five-Year Employment Growth in the Columbus Metro Area

From the industries (4-digit NAICS) in the area, the Full-service restaurants industry has added the most employment with 5,546 jobs added during the time period. These new jobs in the Full-service restaurants industry makes up 31.5 percent of the total growth in Columbus.

Top 5 Industries
1. Full-service restaurants (5,546 new jobs)
2. Limited-service eating places (4,327 new jobs)
3. Individual and family services (2,230 new jobs)
4. Services to buildings and dwellings (1,328 new jobs)
5. Offices of physicians (1,052 new jobs)

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

The Health and personal care stores industry has lost the largest amount of employment in terms of percentage, losing 41.2 percent of the jobs from 2001 to 2006. These have declined faster than the industry sector has gone through in the Ohio, where the industry felt a loss of 27.6 percent. The losses in the Health and personal care stores industry in Columbus outpaced the United States industry losses overall. During this period, the United States gained 2.6 percent in terms of employees in the Health and personal care stores industry.

Top 5 Industries
1. Health and personal care stores (41.2 percent decline)
2. Unclassified (31.3 percent decline)
3. Building finishing contractors (21.9 percent decline)
4. Automotive repair and maintenance (13.6 percent decline)
5. Building equipment contractors (11.5 percent decline)

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

The Individual and family services industry has gone through the largest job growth by percent, increasing by 65.8 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Columbus has increased employment faster than the industry has grown in the State of Ohio, where the industry felt a gain of 48.4 percent. The Individual and family services industry in Columbus outpaced the national average, which felt a gained 35 percent.

Top 5 Industries
1. Individual and family services (65.8 percent gain)
2. Other professional and technical services (21.5 percent gain)
3. Full-service restaurants (20.6 percent gain)
4. Personal care services (15.4 percent gain)
5. Limited-service eating places (14.8 percent gain)

Total industry employment has increased by 0.5 percent from the reported values in 2001. These values are less than growth in the State of Ohio, which went through a loss of 2.8 percent since 2001 ( 2nd Quarter). The gains the area experienced were less than than the gain experienced overall in the US of 2.6 percent.

Columbus One-Year Industry Employment Change

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Total employment has increased by 1.1 percent since the 2nd Quarter figures of 2005. This change is greater than growth in Ohio, experiencing a gain of 0.4 percent from 2005 (2nd Quarter). The gains in the area were less than than the gain experienced overall in the US of 2 percent.

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

The Educational support services industry has seen the largest percentage job growth, expanding by 107.6 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Columbus has grow faster than the overall industry growth seen in the State of Ohio, where it saw a gain of 34.1 percent. The Educational support services industry in Columbus outpaced the United States, which experienced a gained 11.1 percent of the industry employment.

Top 5 Industries
1. Educational support services (107.6 percent gain)
2. Specialized design services (53.8 percent gain)
3. Activities related to credit intermediation (36.2 percent gain)
4. Basic chemical manufacturing (35.6 percent gain)
5. Rooming and boarding houses (34.3 percent gain)

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

The Motor vehicle body and trailer manufacturing industry has lost the largest percent of jobs, losing 24.2 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has experienced in the State of Ohio, where the industry reported a gain of 3.4 percent. The losses in the Motor vehicle body and trailer manufacturing industry in Columbus outpaced the United States industry losses overall. During this period, the United States gained 4.9 in percent of workers in the Motor vehicle body and trailer manufacturing industry.

Top 5 Industries
1. Motor vehicle body and trailer manufacturing (24.2 percent decline)
2. Other crop farming (21.6 percent decline)
3. Telecommunications resellers (20.5 percent decline)
4. Chemical merchant wholesalers (18.7 percent decline)
5. Electronic shopping and mail-order houses (17.4 percent decline)

Total One-Year Employment Growth in the Columbus Metro Area

Out of the 4-digit NAICS industries, the Warehousing and storage industry has brought the most jobs with a total of 2,853 jobs added during the time period. These new jobs in the Warehousing and storage industry makes up 20.5 percent of the total number of new jobs in Columbus.

Top 5 Industries
1. Warehousing and storage (2,853 new jobs)
2. Activities related to credit intermediation (1,719 new jobs)
3. Full-service restaurants (699 new jobs)
4. Specialized design services (614 new jobs)
5. Scientific research and development services (598 new jobs)

Of the 158 industries with industry data reported by the BLS in each quarter, 75 reported job growth in the duration of the year and 83 industry sectors accounting for employment declines during that time period.

In the Columbus, OH metro area, the aggregate employment for all industry sectors has increased by 7,860 total jobs from 2005 to 2006.

Total One-Year Employment Decline in the Columbus Metro Area

The Clothing stores industry has lost the most employment with a total loss of 1,435 jobs in that time period. The declines in the Clothing stores industry make up 14.6 percent of the total job loss in Columbus, OH.

Top 5 Industries
1. Clothing stores (1,435 jobs lost)
2. Electronic shopping and mail-order houses (1,287 jobs lost)
3. Department stores (1,258 jobs lost)
4. Other amusement and recreation industries (623 jobs lost)
5. Building finishing contractors (318 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 Columbus, OH

2007-01-11T14:45:00.000-08:00

When analyzed against other Metropolitan Statistical Areas in the US, the Columbus metro area had a relatively high median income for households of $52,395 (Adjusted to 2005 Dollars). This is 8.5 percent higher than the household income median in State of Ohio of $47,919 and the median household income is 6.2 percent higher than the median for the rest of the nation, which is a reported $49,133.

Contrasted against to other Metropolitan Areas throughout the US, the Columbus metro area can be considered to have a medium-low poverty rate amongst the population, with a poverty rate of 10.1 percent with a family income under the 1999 poverty level. The Black or African American race/ethnicity demographic category, owns the foremost rate of poverty with 22.3 percent of the people in 2000 living in poverty. The population that is aged Under 5 years have the largest percent of population in poverty in Columbus, having 14.7 percent of the population in this age category living in poverty.

Black or African American householders reported a median household income that was 32.5 percent less than the total 2000 reported median, with a their median reported to be $35,368. The American Indian and Alaska Native headed households in Columbus had a median household income level of $37,294, which was 28.8 percent less than the median income level in this area. Hispanic Householders in Columbus, OH recorded a median income of $41,182, which is 21.4 percent less than the areas median income level for all households. In Columbus, OH White headed households reported household income (in 2005 Dollars) of $55,794 according to the Decennial Census of 2000, which was 6.5 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 $54,100. This income level is 3.3 percent greater than the reported median household income, in the area, for all households.

As the median household income witnessed a decline during the period of 2000 to 2005 in the Columbus, OH metro area, the Race/Ethnicity group that experienced the largest decline in median household income was the Hispanic Race/Ethnicity category. This category went through a decline of 32.4 percent in the last five years. The Asian population category was least influenced by the median household income decline in Columbus, encountering a 32.8 percent increase in median income, since the values reporting the 2000 Decennial Census.

The poverty rate in the Columbus, OH Metro has increased by 2.0 percent from the levels reported in the Decennial Census of 2000, moving from 10.1 percent to 12.1 percent.

The areas median household income has declined from the inflation-adjusted 2000 income levels. The income level has decreased to $48,475, which amounts to a 7.5 percent decline. The Columbus, OH MSA, in terms of percentage of decline, ranks 8 of 10 metro area in percent of decline for median household income in the State of Ohio. Columbus ranks 128 of 233 metro area when analyzing the decline in household income across the nation.

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

Higher Education in the Columbus, OH Metro Area

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Columbus, OH Metro Area may to understood as having a highly-educated population of the working age, with 32 percent of the population (+25) having received at least a Bachelors Degree, as reported in the 2005 American Community Survey. The Columbus MSA has a higher percent of highly educated individuals than the State of Ohio's proportion of 23.4 percent and a higher percent than United States proportion of 27.2 percent.

In the Columbus, OH Metro Area as reported in the 2005 American Community Survey, 32.8 percent of the White Alone, 19.2 percent of Black or African American, 66.2 percent of the Asian alone and 23.6 percent of the Hispanic or Latino population, over the age 25, has achieved at least a Bachelors Degree.

From 2000 to 2005, the percent of the male population that can be considered highly educated has increased by 1.8 percent. By the year 2005, 33.8 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 3.8 percent. By the year 2005, a total of 30.4 percent of the women in the population had received a Bachelors Degree or Higher.

Reported by the 2005 American Community Survey in the Columbus, OH Metro Area, the most common level of education achieved in the area for the male population is the Bachelors Degree or Higher category, with 33.8 percent achieving this level. The female population in the Columbus metro area on average have achieved a lower level of higher education (Bachelors or Higher) than men -- 33.8 percent (Men) versus 30.4 percent (Women). Many of the women in the area achieving a High School Diploma category, with 32 percent of the areas female population attaining this level of education.

Since the year 2000, the Columbus metro area 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 3.0 percent to a total of 32 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 greater 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 Columbus, OH

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The Columbus metro area had a population of 1,708,625 for the year 2005. The total population has increased sharply, since the 2000 total population of 1,618,909. This growth shows an increase of 5.5 percent. Columbus ranks 1 of 12 MSAs when calculating total change in population for Ohio and the metro area ranks 34 of 361 metro areas when analyzing total MSA population change across the nation.

The U.S. Census Bureau, in the year 2005, estimated the median age in the Columbus metro area to be 34.9 years of age. The median in Columbus is less than the median age in the State of Ohio of 37.6. Since the year 2000, the area has seen an increase in the median age, when it was 33.6 years of age. With a total of 7.7 percent of the 2005 population being made up of children and youth younger than 18, Columbus can be understood as having a medium-low proportion of youths. The working age population group (18-64) has a medium-low representation within the population, making up 61.1 percent of the population falling in this age category. The retirement (65 and over) group makes up 16.8 percent of the population. When compared to other metro areas in the United States, this represents a medium-high percent of the population.

The Columbus metropolitan statistical area (MSA) has a population that is comprised of 79 percent White, 13.9 percent African American, 2.8 percent Asian, and 2.5 percent Hispanic. This area can be considered to have a high amount of racial and ethnic diversity, with 19.2 percent of the population being minorities. This is greater than the State of Ohio percent of 15.5. Since 2000, Columbus has increased the percent of minority population when 17.1 percent of the population was made up of minorities.

Since 2000, a high number of individuals migrated into the Columbus metro area, with 24,430 people migrating in from another country. The international migration into Columbus accounts for 32.5 percent of all immigration into Ohio. This level of international migration can be considered high when compared to international migration per 2005 population.

By measuring total land area, the Columbus metro area encompasses a total area of 3984 square miles. The land areas has a medium-high average area density of 429 persons per square mile, in 2005. Other US metro areas with similar densities include: -- more densely populated -- Oxnard-Thousand Oaks-Ventura (431 per sq. mile ), McAllen-Edinburg-Pharr (432 per sq. mile ), Deltona-Daytona Beach-Ormond Beach (444 per sq. mile ), -- less densely populated -- Rockford (427 per sq. mile ), Indianapolis (425 per sq. mile ), Canton-Massillon (422 per sq. mile ).

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

Housing Report for Columbus

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When comparing areas across the State of Ohio, Columbus stands 1 of the 12 metro areas by percentage growth in residential real estate. The metro area is positioned 103 of 361, when comparing the change in housing structures in other metropolitan areas throughout the nation.

Columbus had an owner-occupied dwelling median in 2005 of $155,600, published by the American Community Survey. This home value is greater than the overall Ohio 2005 home value of $129,600 and less than median owner-occupied dwelling value of $167,500 for the United States in the same year.

In Columbus, the real estate market was made up of 754,434 homes in the year 2005. This MSA has gone through a medium-high growth level in the number housing units, adding a total of 55,897 residential units since 2001, or 8 percent.

There seems to be a fair amount of housing that is affordable in Columbus, Ohio. In 2005, 34 percent of residential real estate was valued under $125,000.

Columbus has a medium proportion of residential real estate that is high priced. During the year 2005, the American Community Survey reports that 2.8 percent of the homes were valued over $500,000.

The residential housing values in Columbus, Ohio have seen large increases since the Census values accounted for in the year 2000. The values have increased by $34,700, or 28.7 percent, from their 2000 median values of $120,900.

Data Source: U.S. Census Bureau

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

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An industry with high wages in Columbus is the finance and insurance sector paying an annual wage of $56,585. In the Metropolitan Area since the year 2001, the annual average pay of the industry has grown by 19.4 percent or $9,208. The State of Ohio holds a similar job market in the finance and insurance industry, ranking near the top of sectors by 2004 industry pay.

In Columbus, Management of companies and enterprises, Finance and insurance and Transportation and Warehousing industries, in terms of United States location quotient, are the most dominant in the region. The Management of companies and enterprises industry has an LQ of 1.6. In other words, the percent of total jobs in the Management of companies and enterprises sector is 1.6 times more than the average percent in the United States, revealing signs that Columbus produces more than its local requirement of products and/or services of Managem

Accommodation and food services is the industry that has seen the largest increase in jobs from the year 2001 to the present in Columbus, growing by 10.5 percent. This is greater than the industry employment change in the United States of 7.6 percent. The State of Ohio went through a industry job change of 4.4 percent, during the period.

Management of companies and enterprises has a largest number of employees per establishment in Columbus MSA. In the region, the industry averages 79 employees per business. This is greater than the industry's average at the national level of 40 and greater than the Ohio average establishment size of 71 for the Management of companies and enterprises industry.

In Columbus, Retail Trade, Manufacturing, and the Accommodation and food services industries have the largest percent of jobs of all industries. The Retail Trade produces the largest number of jobs in the area accounting for 14.4 percent of the total MSA employment. This totals 107,944 jobs. The Manufacturing and Accommodation and food services sectors provide 10.5 and 10.3 percent of the total jobs, respectively.

The Columbus is the Metropolitain Area that is ranked 29 of 363 throughout the US according to the relatively size of the employment base in the year 2005. This ranking has slipped behind during the time of 2001 and 2005. The Metropolitan Area, in the year 2001, was ranked 28 of 363 Counties.

Manufacturing saw the largest loss of employment between the years 2001-2005 in the Columbus Metro Area. The industry lost a total of 16,093 jobs, or 17 percent of industry's employment. The industry declines made up 50.1 percent of all Metro Area employment losses since 2001.

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