Toledo, OH

Toledo Metro Area industry wages have increased by 13.5% percent since 2001

2007-03-19T01:53:00.000-07:00

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From the second quarter of 2001 to the second quarter of 2006, industry wages have increased in the Toledo Metro Area by a total of 13.5%. This is less than the growth in average industry wages for 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.

Toledo Metro Area Industry Wages Lag Behind Ohio, and Wages Lag Behind the United States Industry Wages

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

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Total wages in all industries in Toledo, OH when analyzed can be understood as being medium-high when analyzed with other 2nd quarter of 2006 Metro Area wages throughout the US. The average pay is 5.1 percent lower than the state, which was reported to be $36,666. The industry pay 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.

Toledo Five-Year Industry Employment Change

2007-02-11T20:07:00.000-08:00

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

The Offices of other health practitioners industry has gone through the largest job growth by percent, increasing by 93.6 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Toledo has expanded faster than the industry has grown in the State of Ohio, where this industry saw a gain of 34 percent. The Offices of other health practitioners industry in Toledo outpaced the national average, which felt a gained 26.1 percent of the employment in this industry.

Top 5 Industries
1. Offices of other health practitioners (93.6 percent gain)
2. Personal care services (42.2 percent gain)
3. Other schools and instruction (32.0 percent gain)
4. Building material and supplies dealers (22.0 percent gain)
5. Residential building construction (20.9 percent gain)

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

The Other miscellaneous store retailers industry has lost the largest percent of jobs, losing 49.2 percent from 2001 (Q2) to 2006 (Q2). 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 9.5 percent. The losses in the Other miscellaneous store retailers industry in Toledo outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 1.5 in percent of workers in the Other miscellaneous store retailers industry.

Top 5 Industries
1. Other miscellaneous store retailers (49.2 percent decline)
2. Unclassified (48.4 percent decline)
3. Office supplies, stationery, and gift stores (39.7 percent decline)
4. Highway, street, and bridge construction (26.9 percent decline)
5. Nonresidential building construction (22.4 percent decline)

Total industry employment has decreased by 3.5 percent since the 2nd Quarter of 2001. This is greater than growth in the State of Ohio, experiencing a loss of 2.8 percent from 2001 (2nd Quarter). The losses in the area were greater than than the gain experienced overall in the US of 2.6 percent.

Total Five-Year Employment Decline in the Toledo Metro Area

Given the industries in the area, the Other miscellaneous store retailers industry witnessed the largest drop in employment, losing a total of 714 jobs. The declines in the Other miscellaneous store retailers industry make up 12.9 percent of the employment lost during the period in Toledo, OH.

Top 5 Industries
1. Other miscellaneous store retailers (714 jobs lost)
2. Building equipment contractors (562 jobs lost)
3. Nonresidential building construction (560 jobs lost)
4. Health and personal care stores (533 jobs lost)
5. Office supplies, stationery, and gift stores (479 jobs lost)

Given the 39 4-digit NAICS industries, 22 described an expansion of jobs throughout the time period, while 17 industry sectors reported declines during the time period.

In the Toledo, OH metro area, the total number of jobs throughout all industries has decreased by 10,034 jobs from mid-2001 to mid-2006.

Total Five-Year Employment Growth in the Toledo Metro Area

From the industries (4-digit NAICS) in the area, the Offices of other health practitioners industry has added the most employment with 1,526 jobs added during the time period. These new jobs in the Offices of other health practitioners industry makes up 24.9 percent of the total number of new jobs in Toledo.

Top 5 Industries
1. Offices of other health practitioners (1,526 new jobs)
2. Full-service restaurants (1,071 new jobs)
3. Limited-service eating places (591 new jobs)
4. Personal care services (554 new jobs)
5. General freight trucking (552 new jobs)

Toledo One-Year Industry Employment Change

2007-01-24T17:38:00.000-08:00

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

The Other fabricated metal product manufacturing industry has lost the largest percent of jobs, losing 48.1 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the Ohio, where the it saw a loss of 2 percent. The losses in the Other fabricated metal product manufacturing industry in Toledo outpaced the US in terms of percent of decline of industry employment. The US gained 0.7 percent in terms of employees in the Other fabricated metal product manufacturing industry.

Top 5 Industries
1. Other fabricated metal product manufacturing (48.1 percent decline)
2. Textile furnishings mills (37.5 percent decline)
3. Sugar and confectionery product manufacturing (24.4 percent decline)
4. Cattle ranching and farming (22.2 percent decline)
5. General rental centers (19.4 percent decline)

Total industry employment has increased by 0.3 percent since the 2nd Quarter of 2005. This is less than percent in the State of Ohio, which saw a gain of 0.4 percent from 2005 (2nd Quarter). The gains were less than than the gain reported at the US level of 2 percent.

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

The Electronic shopping and mail-order houses industry has gone through the largest job growth by percent, increasing by 65.7 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Toledo has grow faster than the industry has grown in the State of Ohio, where the industry took a loss of 11.5 percent. The Electronic shopping and mail-order houses industry in Toledo outpaced the nation in terms of industry employment growth . During this period, the nation gained 1.4 percent of the industry employment.

Top 5 Industries
1. Electronic shopping and mail-order houses (65.7 percent gain)
2. Other heavy construction (56.5 percent gain)
3. Wireless telecommunications carriers (53.4 percent gain)
4. Vegetable and melon farming (51.2 percent gain)
5. Commercial machinery repair and maintenance (38.5 percent gain)

Total One-Year Employment Growth in the Toledo Metro Area

Of the industries (4-digit NAICS) in the area, the Architectural and engineering services industry has brought the most jobs with a total of 351 total jobs brought in during the period. The growth in the Architectural and engineering services industry makes up 8.3 percent of the total number of new jobs in Toledo.

Top 5 Industries
1. Architectural and engineering services (351 new jobs)
2. Limited-service eating places (259 new jobs)
3. Personal care services (231 new jobs)
4. Department stores (226 new jobs)
5. Child day care services (204 new jobs)

In the Toledo, OH metro area, the total number of workers for all sectors has increased by 744 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Out of the 117 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 52 reported job growth in the duration of the year and 64 industries reported employment loss in the period.

Total One-Year Employment Decline in the Toledo Metro Area

Given the industries in the area, the Motor vehicle parts manufacturing industry witnessed the largest drop in employment, losing a total of 431 jobs in that time period. The declines in the Motor vehicle parts manufacturing industry make up 13.5 percent of the total employment decline in Toledo, OH.

Top 5 Industries
1. Motor vehicle parts manufacturing (431 jobs lost)
2. Building foundation and exterior contractors (288 jobs lost)
3. Elementary and secondary schools (242 jobs lost)
4. Specialized freight trucking (191 jobs lost)
5. Other fabricated metal product manufacturing (173 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 Toledo, OH

2007-01-11T18:43:00.000-08:00

The rate of poverty in the Toledo, OH Metro has increased by 2.7 percent since the 2000 rates, moving from 12.5 percent to 15.2 percent.

The households that were headed by an American Indian and Alaska Native individual in Toledo reported a median household income of $39,761, this level was 14.8 percent less than the areas median level for all households. Black or African American householders reported a median household income that was 41.9 percent less than the total 2000 reported median, with a their median reported to be $27,143. Hispanic headed households in Toledo, OH , as reported in 2000, had a median household income of $39,605, this income level is 15.2 percent less than the areas median income level for all households. In Toledo, OH White headed households reported a median household income (2005 Dollars) of $49,482 according to the 2000 Dencennial Census, which was 6 percent greater than the median in the year 2000. The Asian headed households reported median household incomes of $47,089. This household income level is 0.9 percent greater than the all households reported median in the area.

While the median household income saw a decline in the last five year in the Toledo, OH metro area, the Race/Ethnicity group that went through the most dramatic decline in the household income level was the American Indian and Alaska Native Race/Ethnicity category. This category went through a decline of 60.6 percent since the year 2000. The Asian population category was least influenced by the median household income decline in Toledo, undergoing a 10.9 percent decline in household income, since the reported levels in 2000.

When put side-by-side with other Metros throughout the United States, the Toledo metro area can be understood to have a medium-high poverty rate amongst the population, with a poverty rate of 12.5 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 32.4 percent of the 2000 population living in poverty. People that are of the age Under 5 years are experiencing most percent people in poverty in Toledo, reporting 19.7 percent of this age group in the area living in poverty.

The median household income has declined from the inflation-adjusted 2000 income levels. The income level has decreased to $42,798, representing a 8.3 percent decline. The Toledo, OH MSA, in terms of percent of decline, ranks 7 of 10 metro area in percent of decline for household income in Ohio. Toledo ranks 112 of 233 metro area when comparing total percent of decline in median income in the US.

When analyzed against other Metropolitan Statistical Areas in the US, the Toledo metro area accounted a medium-high median income for all households of $46,685 (2005 Dollars). The income level is 2.6 percent lower than the household income median in State of Ohio of $47,919 and the income level is 5.2 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 Toledo, OH Metro Area

2006-12-19T22:53:00.000-08:00

The American Community Survey reported that in the Toledo, OH Metro Area, a high proportion of the male population in the area have reached the High School Diploma category, with 36.4 percent obtaining this level of education. The women in the Toledo metro area on average have achieved a lower level of higher education (Bachelors Degree or Higher) than the male population-- 23.6 percent (Men) versus 22 percent (Women). Many of the women in the area achieving a High School Diploma category, with 33.8 percent of the women population in the area achieving this level of education.

From 2000 to 2005, the percent of male population that is highly educated has increased by 0.6 percent. By the year 2005, 23.6 percent of total male population (over 25), in this area, held at least a Bachelors Degree. At the same time, the percent of women (over 25) holding a BA or higher has increased by a total of 1.8 percent. By 2005, a total of 22 percent of the total female population achieved this high level of education.

Toledo, OH Metro Area may to understood as having a moderately-educated population, with 22.8 percent of the population (+25) having received a BA or higher, as reported in American Community Survey of 2005. The Toledo MSA has a lower percent of the population with at least a Bachelors than the State of Ohio's proportion of 23.4 percent and a lower percent than the average across the nation of 27.2 percent.

Since 2000, the Toledo metro area has increased in the population percent with a Bachelors of Higher. This population percent has grown by 1.2 percent to a total of 22.8 percent in 2005, according to the American Community Survey. The 2005 proportion of highly educated population is less than the 2005 State of Ohio percent of 23.4 and less than the US percent of 27.2.

In the Toledo, OH Metro Area according to the American Community Survey of 2005, 23.8 percent of the White Alone, 14.2 percent of Black or African American, 52 percent of the Asian alone and 9 percent of the Hispanic or Latino population, over the age 25, has achieved at least a Bachelors Degree.

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

Demographic Profile for Toledo, OH

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Since 2000, a medium-high amount of people migrated into the Toledo metro area, with 3,616 people migrating in from outside the country. The immigration into Toledo makes up 4.8 percent of immigration into the State of Ohio. This percent of international migration is medium-high when compared to international migration per 2005 population.

The Toledo metropolitan statistical area (MSA) has a population that is made of 80.1 percent White, 12.3 percent African American, 1.2 percent Asian, and 4.8 percent Hispanic. The area population base can be described as having a high level of diversity, with 18.3 percent of the population made up of minorities. This is greater than the State of Ohio percent of 15.5. Since 2000, Toledo has increased the percent of minority population when 17.5 percent of the population were minorities.

In the year 2005, the U.S. Census Bureau estimates the median age in the Toledo metro area to be 36.2 years old. The median in Toledo is less than the median in Ohio of 37.6. Since 2000, the area has experienced an increase in the median, when the median age was 34.7 years old. With 20 percent of the 2005 population being comprised of individuals under the age of 18, Toledo can be described as having a medium-low percent of individuals under 18. The working age population group (18-64) has a medium-low representation within the population, making up 61.1 percent of the population makes up this age category. The retirement (65 and over) age group comprises 16.8 percent of the total population base. Compared to other metro areas throughout the nation, this represents a medium-high proportion of the population.

The Toledo metro area had a population that was estimated at 656,696 in 2005. The total population has decreased, since the population in 2000 of 659,209. The decline represents a decrease of -0.4 percent. Toledo ranks 9 of 12 MSAs in terms of population growth in Ohio and the metro area ranks 341 of 361 metro areas when analyzing total MSA population change across the nation.

In terms of total land area, the Toledo metro area spans a total of 1620 square miles. The MSA has a medium-high density of 405 persons per square mile, in 2005. Other US metro areas with similar densities include: -- more densely populated -- Poughkeepsie-Newburgh-Middletown (413 per sq. mile ), Brownsville-Harlingen (418 per sq. mile ), New Orleans-Metairie-Kenner (418 per sq. mile ), -- less densely populated -- Sacramento--Arden-Arcade--Roseville (401 per sq. mile ), Norwich-New London (400 per sq. mile ), Ocean City (389 per sq. mile ).

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

Housing Report for Toledo

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Toledo recorded median owner-occupied home value in the year 2005 of $125,500, accounted by the American Community Survey. This median is less than the overall State of Ohio 2005 median owner-occupied dwelling value of $129,600 and less than median owner-occupied dwelling value of $167,500 for the United States in the same year.

The residential real estate values in Toledo, Ohio have seen large increases from the real estate values reported in 2000. The valuations have increased by $28,700, or 29.6 percent, from their 2000 median values of $96,800.

Looking across the State of Ohio, Toledo places 4 of the 12 metro areas in terms of growth of new housing structures between 2001 and 2005. The MSA stands 277 of 361, in terms of residential real estate percentage change compared to other United States metro areas.

It can be understood that there is a fair amount of affordable housing in Toledo, Ohio. In 2005, 49.7 percent of residential real estate was valued under $125,000.

Toledo may be described as having a small, but present percentage of high-priced residential real estate. For the year 2005, the American Community Survey reported that 0.8 percent of the houses were valued over a half a million dollars.

In Toledo, the census reported 296,939 homes in the year 2005. This MSA has gone through a medium level of growth in the number housing units, adding a sum of 8,718 residential structures since 2001, a change of 3 percent.

Data Source: U.S. Census Bureau

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

2006-11-05T03:20:00.000-08:00

The Administrative and waste services industry decreased the most in percent of total employment in the Toledo Metro since the year 2001. The industry went from accounting for 6.9 percent of total jobs in the year 2001 to 0 percent in 2005.

The Toledo Metropolitan Area ranks 64 of 363 throughout the US by total number of jobs in 2005. This position has slipped behind from the year 2001, at which time the Metropolitan Area was ranked 59 of 363 Counties.

Utilities has a largest number of employees per establishment in Toledo Metropolitan Area (MSA), averaging 58 employees per business. This is greater than the industry's national average of 34 and greater than the State of Ohio average of 37 for the Utilities industry.

An industry with high wages in Toledo is the manufacturing sector with an annual pay of $51,886. Throughout the MSA since the year 2001, the industry annual average pay has grown by 14.9 percent or $6,715. The State of Ohio holds a different economic condition in the manufacturing industry, falling in the middle of sectors by 2004 industry pay.

In Toledo, Manufacturing, Health care and social assistance and Utilities industries, in terms of United States location quotient, are the most dominant in the region. The Manufacturing sector has a United State LQ of 1.45. In other words, the percent of total jobs in the Manufacturing sector is 1.45 times greater than the national average, signifying that Toledo may be an exporter of products or services of Manufacturing.

In Toledo, Manufacturing, Health care and social assistance, and the Retail Trade sectors, in terms of total employment, are the largest. Manufacturing is the largest employment industry and makes up 18.6 percent of total employment in the Metro Area, making up 51,022 employees. The Health care and social assistance and Retail Trade industries make up 16.6 and 13 percent of the total jobs, respectively.

Finance and insurance has seen the highest growth in employment from the years 2001-2005 in Toledo, with a job growth of 7.7 percent. This is greater than the industry job change at the national level of 4.8 percent. The State of Ohio went through a industry job change of 2 percent, in the recent period of 2001-2005.

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