In Franklin County, jobs in the securities and commodity contracts brokerage pay the highest wages

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Jobs in the securities and commodity contracts brokerage industry wages were the highest in Franklin County for 2006. The average worker in the industry in Franklin County was paid an annual wage of $123,975 in 2006. The annual wage is greater than the average industry wage in the State of Ohio of $98,656 and less than then the pay for jobs in this industry in the United States of $138,150.

Other top-pay jobs in Franklin County, Ohio may be found in management of companies and enterprises ($91,302), communications equipment manufacturing ($84,761), rubber product manufacturing ($82,216) and software publishers ($82,083) industries. Note: Clicking the Above Graphic Displays the Detailed 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.

Franklin County Wages have increased by 15.0% Since 2001

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From 2001 to 2006, average industry wages increased in Franklin County, Ohio by a total of 15.0%. This is less than the growth in wages for the State of Ohio 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.

Franklin County Industry Wages Exceed Ohio, but Wages Lag Behind the United States

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Wages in all industries in Franklin County, Ohio can be understood as being relatively high when compared to other Counties throughout the state in the 2nd quarter of 2006. The industry wages are 8.1 percent higher than the state, which was reported to be $36,666. The average pay 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.

Franklin County Five-Year Industry Employment Change

The total number of jobs has decreased by 4.4 percent since the 2nd Quarter figures of 2001. This change is greater than growth in Ohio, experiencing a loss of -2.8 percent from the 2nd Quarter of 2001. The losses were greater than than the gain experienced overall in the US of 2.6 percent.

Franklin County Five-Year Percentage Growth in Employment

The Activities related to credit intermediation industry has seen the largest percentage job growth, expanding by 183.3 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Franklin County has grow faster than the overall industry growth seen in the State of Ohio, where this industry saw a gain of 87.4 percent. The Activities related to credit intermediation industry in Franklin County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 49.5 percent of the industry employment.

Top 5 Industries
1. Activities related to credit intermediation (183.3 percent gain)
2. Specialized design services (175.0 percent gain)
3. Support activities for air transportation (122.3 percent gain)
4. Internet publishing and broadcasting (119.8 percent gain)
5. Wireless telecommunications carriers (114.9 percent gain)

Franklin County Five-Year Percentage Decline in Employment

The Local messengers and local delivery industry has seen the largest percentage drop in employment, losing 88.8 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 Ohio, where the industry felt a loss of 64 percent. The losses in the Local messengers and local delivery industry in Franklin County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 15.4 percent in terms of employment in the Local messengers and local delivery industry.

Top 5 Industries
1. Local messengers and local delivery (88.8 percent decline)
2. Apparel and piece goods merchant wholesalers (78.8 percent decline)
3. Telecommunications resellers (70.9 percent decline)
4. Charter bus industry (65.5 percent decline)
5. Other general merchandise stores (63.8 percent decline)

Total Five-Year Employment Growth in Franklin County

Of the industries (4-digit NAICS) in the area, the Warehousing and storage industry has brought the most jobs with a total of 5,262 employees finding new jobs in the industry. The employment growth in the Warehousing and storage industry makes up 10.8 percent of the growth in Franklin County.

Top 5 Industries
1. Warehousing and storage (5,262 new jobs)
2. Management of companies and enterprises (4,107 new jobs)
3. Activities related to credit intermediation (4,050 new jobs)
4. Grocery stores (3,818 new jobs)
5. Limited-service eating places (2,223 new jobs)

In Franklin County, Ohio, the aggregate employment for all industry sectors has decreased by 26,433 jobs between mid-2001 and mid-2006.

Of the 203 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 123 accounted an for increase in employment during the period and 80 industry sectors accounting for employment declines during that time period.

Total Five-Year Employment Decline in Franklin County

From of the area's 4-digit NAICS industries, the Other general merchandise stores industry experienced most substantial job loss, losing 8,451 jobs during the time period. The jobs lost in the Other general merchandise stores industry make up 12.1 percent of the employment lost during the period in Franklin County, Ohio.

Top 5 Industries
1. Other general merchandise stores (8,451 jobs lost)
2. Health and personal care stores (3,964 jobs lost)
3. Computer systems design and related services (3,880 jobs lost)
4. Department stores (2,617 jobs lost)
5. Depository credit intermediation (2,383 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.

Franklin County One-Year Industry Employment Change

In Franklin County, Ohio, the aggregate employment for all industry sectors has increased by 1,406 jobs between mid-2005 and mid-2006.

Total One-Year Employment Growth in Franklin County

Out of the 4-digit NAICS industries, the Warehousing and storage industry has accounted the most employment growth with a total of 3,245 jobs added during the time period. These new jobs in the Warehousing and storage industry makes up 18.2 percent of the total growth in Franklin County.

Top 5 Industries
1. Warehousing and storage (3,245 new jobs)
2. Grocery stores (1,773 new jobs)
3. Activities related to credit intermediation (1,754 new jobs)
4. Employment services (809 new jobs)
5. Insurance carriers (534 new jobs)

Of the 208 4-digit NAICS industries, 105 described an expansion of jobs throughout the time period, while 102 industries reported a drop in employment.

Total One-Year Employment Decline in Franklin County

Given the industries in the area, the Clothing stores industry has lost the most employment with a total loss of 1,496 jobs in that time period. The declines in the Clothing stores industry make up 9.1 percent of the jobs lost during the period in Franklin County, Ohio.

Top 5 Industries
1. Clothing stores (1,496 jobs lost)
2. Depository credit intermediation (1,347 jobs lost)
3. Department stores (1,316 jobs lost)
4. Electronic shopping and mail-order houses (1,272 jobs lost)
5. Other general merchandise stores (816 jobs lost)

Franklin County One-Year Percentage Growth in Employment

The Educational support services industry has gone through the largest job growth by percent, increasing by 113.2 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Franklin County has added employment faster than the industry has grown in the State of Ohio, where the industry took a gain of 34.1 percent. The Educational support services industry in Franklin County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 11.1 percent.

Top 5 Industries
1. Educational support services (113.2 percent gain)
2. Specialized design services (47.2 percent gain)
3. Unclassified (41.9 percent gain)
4. Activities related to credit intermediation (38.9 percent gain)
5. Sound recording industries (38.0 percent gain)

Franklin County One-Year Percentage Decline in Employment

The Motor vehicle body and trailer manufacturing industry has lost the largest amount of employment in terms of percentage, losing 29.9 percent of the jobs from 2005 to 2006. These have declined faster than the industry sector has gone through in the Ohio, where the it saw a gain of 3.4 percent. The losses in the Motor vehicle body and trailer manufacturing industry in Franklin County outpaced the US in terms of percent of decline of industry employment. The US gained 4.9 percent in terms of employment in the Motor vehicle body and trailer manufacturing industry.

Top 5 Industries
1. Motor vehicle body and trailer manufacturing (29.9 percent decline)
2. Book, periodical, and music stores (24.9 percent decline)
3. Cement and concrete product manufacturing (21.4 percent decline)
4. Chemical merchant wholesalers (19.5 percent decline)
5. Electronic shopping and mail-order houses (18.4 percent decline)

Total industry employment has increased by 0.2 percent from 2005 (2nd Quarter). These figures are less than percent in Ohio, which experienced a gain of 0.4 percent from the 2nd Quarter of 2005. The gains in the area were less than than the gain reported at the US level of 2.0 percent.





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 Franklin County, Ohio

The households that were headed by an American Indian and Alaska Native individual in Franklin County had a median income of $34,895, this was 30.2 percent less than the median income level in this area. The Asian headed households reported median household incomes of $52,030. This median is 4.1 percent greater than the reported median for all households in the area. Hispanic households in Franklin County, Ohio reported a median household income of $39,970, this median is 20.1 percent less than reported value of the areas total household median income for all households. In Franklin County, Ohio White headed households reported household income (in 2005 Dollars) of $54,893 according to the Decennial Census of 2000, which was 9.8 percent greater than the median household income in 2000. Black or African American headed households had median income levels that were 30.8 percent less than the overall reported level in 2000, with a reported median of $34,623.

Compared to other counties (and parishes) throughout the nation, Franklin County reported a relatively high household income of $49,999 (2005 Dollars). This median is 4.2 percent higher than the median in Ohio of $47,919 and the median household income is 1.7 percent higher than the median household income level in the US of $49,133.

The rate of poverty in Franklin County, Ohio has increased by 2.9 percent from the rates reported in the Decennial Census, moving from 11.6 percent to 14.5 percent.

As the median household income witnessed a decline from 2000 to 2005 in Franklin County, Ohio, the Race/Ethnicity group that went through the most dramatic decline in median household income was the Hispanic Race/Ethnicity category. This group experienced a decline of 10.5 percent from 2000 to 2005. The Asian population group was least impacted by the household income decline in Franklin County, undergoing a 4.3 percent decline in household income, since the reported levels in 2000.

The median household income in the area has declined from the 2000 values (inflation adjusted). The median income has decreased to $45,410, representing a 9.2 percent decline. Franklin County, Ohio, when analyzing percentage of decline, ranks 23 of 38 counties in percent of decline for the household income level in the State of Ohio. Franklin County ranks 270 of 668 counties (or parishes) in terms of the decline in median household income in the United States.

Evaluated with other counties (or parishes) across the nation, Franklin County, Ohio may be understood as having a medium-low rate of poverty among the people, accounting a rate of 11.6 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 22.9 percent of the 2000 residents living in poverty. People aged Under 5 years are witness to the most percent living in poverty in Franklin County, reporting 16.4 percent of this age cohort living in poverty.

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

Demographic Profile for Franklin County, Ohio

Estimated since the year 2000, a very high number of individuals have migrated to Franklin from outside the country. The immigration into Franklin makes up 31.1 percent of immigration into the State of Ohio. This amount of international migration is very high when compared to international migration per 2005 population.

Franklin County, Ohio has a population base that is comprised of 71.4 percent White, 19.6 percent African American, 3.6 percent Asian, and 3.3 percent Hispanic. The area can be described as having a high level of diversity in terms of race and ethnicity, with 26.5 percent minorities. This is greater than the State of Ohio percent of 15.5. Since 2000, Franklin has increased in diversity when 23.5 percent of the total population were minorities.

Franklin County, Ohio had a population of 1,090,771 for the year 2005. The total population has increased, from the population in the year 2000 of 1,071,571. This growth signifies an increase of 1.8 percent. Franklin ranks 3 of 88 counties in terms of population growth in Ohio and the county ranks 178 of 3,141 counties by growth in county population in the United States.

When measuring the total land area, Franklin covers a total land area of 540 total square miles. The area has a very high average area density of 2,020 persons per square mile. Other counties with similar densities in the US include: -- more densely populated -- Harris, TX (2,136 per sq. mile ), Bristol, RI (2,137 per sq. mile ), Westchester, NY (2,174 per sq. mile ), -- less densely populated -- Hennepin, MN (2,011 per sq. mile ), St. Louis, MO (1,978 per sq. mile ), Alameda, CA (1,964 per sq. mile ).

In 2005, the Census Bureau estimated the median age in Franklin County, Ohio to be 34.1 years old. The median in Franklin is less than the median in Ohio of 37.6. Since the year 2000, the area has seen an increase in the median age, at that time the median was 32.5 years of age. With 25.3 percent of the population in 2005 being comprised of children and youth younger than 18, Franklin can be described as having a medium-high percent of people under 18. The 18 to 64 years old population group has a medium-high presence of the 2005 population base, with 64.9 percent of the population makes up this age category. The retirement (65 and over) age group comprises 9.8 percent of the population in the area. When compared to other counties throughout the United States, this represents a relatively low percent of the population.

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

Housing Report for Franklin County, Ohio

In Franklin County, the U.S. Census Bureau, Population Division accounted for a total of 512,706 housing structures in 2005. The area has seen growth in housing units, adding a sum of 31,479 residential structures since 2001, a change of 6.5 percent.

The owner-occupied dwellings in Franklin County, Ohio have seen large increases from the housing values in 2000. The residential values have increased by $32,200, or 27.7 percent, since their values in that year of $116,200.

When compared to other counties in Ohio, Franklin County is positioned 9 of 88 by percentage growth in residential real estate. The county is positioned 587 of 3,141, in terms of residential real estate percentage change change in the United States.

Franklin County had an owner-occupied dwelling median in 2005 of $148,400, reported by the American Community Survey. This home value is greater than the overall Ohio 2005 home median value of $129,600 and less than median home value of $167,500 across the United States during the same year.

There is a fair amount of housing that is affordable in Franklin County, Ohio. In 2005, 36.7 percent of owner-occupied dwellings were valued under $125k.

Franklin County can be understood as having a medium percentage of high-priced residential real estate. In 2005, the American Community Survey accounted that 2.5 percent owner-occupied dwelling are valued over a half a million dollars.

Data Source: U.S. Census Bureau

Employment Report for Franklin County, Ohio -- Annual 2005 Industry Summary

In Franklin County, Management of companies and enterprises, Finance and insurance and Transportation and Warehousing are the three industries with the highest location quotients. The Management of companies and enterprises sector in the county has a location quotient of 1.86. This means the percent of total employment in the Management of companies and enterprises industry is 1.86 times the percent of the national average, This signifies that Franklin specializes in Management of companies and enterprises.

Retail Trade saw the largest loss of employment between the years 2001-2005 in Franklin County. The industry lost a total of 14,375 jobs during the period, or 15.4 percent of industry's employment. The industry declines made up 30.8 percent of all county employment losses since 2001.

In Franklin County, Retail Trade, Health care and social assistance, and the Accommodation and food services industries have the largest percent of jobs of all industries. The Retail Trade is the major employer in the county making up 13.9 percent of total employment in the county, making up 79,027 employees. The Health care and social assistance and Accommodation and food services industries total 12.9 and 10 percent of industry employment.

Agriculture, forestry, fishing and hunting is the industry that has grown the most in terms of employment from 2001-2005 in Franklin County, with an employment growth of 33.7 percent. This is greater than the change of total jobs in the industry for the United States of -0.6 percent. The State of Ohio encountered a change in industry employment of -4 percent, in the last 5 years.

Management of companies and enterprises has the largest employers in Franklin County. In the County, the industry averages 88 employees per business. This is greater than the industry's national average of 40 and greater than the Ohio average of 71 for the Management of companies and enterprises industry.







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